Southern Copper (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 11458.5× the size of Southern Copper (Ondo Tokenized) (SCCOON) by market capitalisation. Their daily returns move barely together (correlation 0.13 across 27 shared trading days). Both have run at a similar volatility, around 86% annualised.

Correlation: 0.13
Size ratio: 1 : 11458.5

Southern Copper (Ondo Tokenized)SCCOON

$173.2200

24h: -6.24%
Market cap: $13,082
Volume 24h: $33
Volatility (ann.): 88%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.7800

24h: -9.49%
Market cap: $149.90M
Volume 24h: $45.98M
Volatility (ann.): 83%

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

Performance

SCCOONCRCLB

7 days+0.79%-10.02%SCCOON
30 days+2.75%-18.89%SCCOON
90 days—+1.70%—

Correlation

0.13over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	SCCOON	CRCLB
Max drawdown (400d)	-21.6%	-35.4%
Risk-adjusted return (90d)	0.03	0.02

Relative strength over 90 days: SCCOON outperformed CRCLB by 26.4% — measured on the SCCOON/CRCLB ratio, so it holds regardless of market direction.

Southern Copper (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →