Salesforce, Inc. • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 5207.0× the size of Salesforce, Inc. • Robinhood Token (CRM) by market capitalisation. Over the past 30 days, STRCX is ahead by 12.8 percentage points (CRM -9.1% against STRCX +3.6%). Their daily returns move barely in opposite directions (correlation -0.03 across 27 shared trading days). Both have run at a similar volatility, around 52% annualised.

Correlation: -0.03
Size ratio: 1 : 5207.0
Ahead over 30 days: STRCX

Salesforce, Inc. • Robinhood TokenCRM

$226.4600

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

Strategy PP Variable xStockSTRCX

$109.4000

24h: -0.22%
Market cap: $141.76M
Volume 24h: $939,489
Volatility (ann.): 51%

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

Performance

CRMSTRCX

7 days+0.09%+0.05%CRM
30 days-9.12%+3.64%STRCX

Correlation

-0.03over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0390d: 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	STRCX
Max drawdown (400d)	-17.3%	-7.5%
Risk-adjusted return (90d)	-0.21	0.16

Relative strength over 90 days: STRCX outperformed CRM by 16.6% — measured on the CRM/STRCX ratio, so it holds regardless of market direction.

Salesforce, Inc. • Robinhood Token →Strategy PP Variable xStock →