Sunrun Inc. • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 4368.4× the size of Sunrun Inc. • Robinhood Token (RUN) by market capitalisation. Their daily returns move loosely together (correlation 0.39 across 34 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RUN's 58%.

Correlation: 0.39
Size ratio: 1 : 4368.4

Sunrun Inc. • Robinhood TokenRUN

$9.4900

24h: +7.32%
Market cap: $34,365
Volume 24h: $16,837
Volatility (ann.): 58%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.1200

24h: -10.54%
Market cap: $150.12M
Volume 24h: $39.67M
Volatility (ann.): 82%

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

Performance

RUNCRCLB

7 days+23.81%-5.56%RUN
30 days+17.40%-9.22%RUN
90 days—+19.24%—

Correlation

0.39over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 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	RUN	CRCLB
Max drawdown (400d)	-7.1%	-31.5%
Risk-adjusted return (90d)	0.30	0.23

Relative strength over 90 days: RUN outperformed CRCLB by 28.7% — measured on the RUN/CRCLB ratio, so it holds regardless of market direction.

Sunrun Inc. • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →