Super Micro Computer aStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 286429.6× the size of Super Micro Computer aStock (ASMCI) by market capitalisation. Their daily returns move barely together (correlation 0.32 across 31 shared trading days). Both have run at a similar volatility, around 77% annualised.

Correlation: 0.32
Size ratio: 1 : 286429.6

Super Micro Computer aStockASMCI

$33.2700

24h: +7.50%
Market cap: $565
Volume 24h: —
Volatility (ann.): 71%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.4500

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

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

Performance

ASMCICRCLB

7 days+0.83%-5.56%ASMCI
30 days-24.19%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.32over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	ASMCI	CRCLB
Max drawdown (400d)	-30.4%	-31.5%
Risk-adjusted return (90d)	-0.34	0.23

Relative strength over 90 days: CRCLB outperformed ASMCI by 16.8% — measured on the ASMCI/CRCLB ratio, so it holds regardless of market direction.

Super Micro Computer aStock →Circle Internet Group (bStocks Tokenized Stock) →