STMicroelectronics (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 64712.7× the size of STMicroelectronics (Ondo Tokenized) (STMON) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.05 across 27 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against STMON's 47%.

Correlation: -0.05
Size ratio: 1 : 64712.7

STMicroelectronics (Ondo Tokenized)STMON

$45.0500

24h: -5.39%
Market cap: $2,453
Volume 24h: $57
Volatility (ann.): 47%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$74.2300

24h: +0.33%
Market cap: $158.75M
Volume 24h: $34.09M
Volatility (ann.): 82%

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

Performance

STMONCRCLB

7 days+9.87%-5.56%STMON
30 days+10.94%-9.22%STMON
90 days—+19.24%—

Correlation

-0.05over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0590d: 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	STMON	CRCLB
Max drawdown (400d)	-8.6%	-31.5%
Risk-adjusted return (90d)	0.23	0.23

Relative strength over 90 days: STMON outperformed CRCLB by 39.3% — measured on the STMON/CRCLB ratio, so it holds regardless of market direction.

STMicroelectronics (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →