Shell (Dinari Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 12737.2× the size of Shell (Dinari Tokenized Stock) (SHEL) by market capitalisation. Their daily returns move loosely in opposite directions (correlation -0.41 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against SHEL's 23%.

Correlation: -0.41
Size ratio: 1 : 12737.2

Shell (Dinari Tokenized Stock)SHEL

$108.8300

24h: —
Market cap: $12,712
Volume 24h: —
Volatility (ann.): 23%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.4500

24h: +3.09%
Market cap: $161.92M
Volume 24h: $43.99M
Volatility (ann.): 82%

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

Performance

SHELCRCLB

7 days+1.51%-5.56%SHEL
30 days+1.70%-9.22%SHEL
90 days—+19.24%—

Correlation

-0.41over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4190d: 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	SHEL	CRCLB
Max drawdown (400d)	-5.8%	-31.5%
Risk-adjusted return (90d)	0.07	0.23

Relative strength over 90 days: SHEL outperformed CRCLB by 10.7% — measured on the SHEL/CRCLB ratio, so it holds regardless of market direction.

Shell (Dinari Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →