Snowflake Inc. • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 1567.2× the size of Snowflake Inc. • Robinhood Token (SNOW) by market capitalisation. Over the past 30 days, MSTRX is ahead by 24.0 percentage points (SNOW -13.1% against MSTRX +10.9%). Their daily returns move loosely together (correlation 0.55 across 30 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against SNOW's 76%.

Correlation: 0.55
Size ratio: 1 : 1567.2
Ahead over 30 days: MSTRX

Snowflake Inc. • Robinhood TokenSNOW

$290.9400

24h: +1.90%
Market cap: $86,148
Volume 24h: $9,322
Volatility (ann.): 76%

MicroStrategy xStockMSTRX

$139.8000

24h: +2.94%
Market cap: $135.01M
Volume 24h: $3.42M
Volatility (ann.): 101%

SNOW 0.1%Share of the two combined market caps99.9% MSTRX

Performance

SNOWMSTRX

7 days-14.40%+0.26%MSTRX
30 days-13.10%+10.88%MSTRX

Correlation

0.55over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5590d: 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	SNOW	MSTRX
Max drawdown (400d)	-18.9%	-18.3%
Risk-adjusted return (90d)	-0.19	0.38

Relative strength over 90 days: MSTRX outperformed SNOW by 25.8% — measured on the SNOW/MSTRX ratio, so it holds regardless of market direction.

Snowflake Inc. • Robinhood Token →MicroStrategy xStock →