Seagate Technology aStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 519118.5× the size of Seagate Technology aStock (ASTX) by market capitalisation. Their daily returns move barely together (correlation 0.10 across 31 shared trading days). Both have run at a similar volatility, around 77% annualised.

Correlation: 0.10
Size ratio: 1 : 519118.5

Seagate Technology aStockASTX

$591.4000

24h: -1.20%
Market cap: $320
Volume 24h: —
Volatility (ann.): 72%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.9800

24h: +3.45%
Market cap: $166.03M
Volume 24h: $41.44M
Volatility (ann.): 82%

ASTX 0.0%Share of the two combined market caps100.0% CRCLB

Performance

ASTXCRCLB

7 days-4.37%-5.56%ASTX
30 days-29.25%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.10over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	ASTX	CRCLB
Max drawdown (400d)	-32.5%	-31.5%
Risk-adjusted return (90d)	-0.40	0.23

Relative strength over 90 days: CRCLB outperformed ASTX by 22.4% — measured on the ASTX/CRCLB ratio, so it holds regardless of market direction.

Seagate Technology aStock →Circle Internet Group (bStocks Tokenized Stock) →