Salesforce, Inc. • Robinhood Token vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 2853.3× the size of Salesforce, Inc. • Robinhood Token (CRM) by market capitalisation. Over the past 30 days, CRM is ahead by 6.8 percentage points (CRM -9.1% against CRCLON -15.9%). Their daily returns move barely together (correlation 0.07 across 28 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against CRM's 53%.

Correlation: 0.07
Size ratio: 1 : 2853.3
Ahead over 30 days: CRM

Salesforce, Inc. • Robinhood TokenCRM

$226.4600

24h: +1.42%
Market cap: $27,225
Volume 24h: $1,236
Volatility (ann.): 53%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$65.9400

24h: -11.11%
Market cap: $77.68M
Volume 24h: $1.00M
Volatility (ann.): 97%

CRM 0.0%Share of the two combined market caps100.0% CRCLON

Performance

CRMCRCLON

7 days+0.09%-5.63%CRM
30 days-9.12%-15.88%CRM

Correlation

0.07over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0790d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	CRM	CRCLON
Max drawdown (400d)	-17.3%	-30.7%
Risk-adjusted return (90d)	-0.21	0.06

Relative strength over 90 days: CRM outperformed CRCLON by 4.3% — measured on the CRM/CRCLON ratio, so it holds regardless of market direction.

Salesforce, Inc. • Robinhood Token →Circle Internet Group (Ondo Tokenized Stock) →