Super Micro Computer • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 11007.6× the size of Super Micro Computer • Robinhood Token (SMCI) by market capitalisation. Their daily returns move loosely together (correlation 0.42 across 33 shared trading days). Both have run at a similar volatility, around 82% annualised.

Correlation: 0.42
Size ratio: 1 : 11007.6

Super Micro Computer • Robinhood TokenSMCI

$26.9100

24h: -7.42%
Market cap: $13,618
Volume 24h: $3,371
Volatility (ann.): 81%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.7800

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

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

Performance

SMCICRCLB

7 days-22.82%-10.02%CRCLB
30 days-37.69%-18.89%CRCLB
90 days—+1.70%—

Correlation

0.42over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4690d: 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	SMCI	CRCLB
Max drawdown (400d)	-38.1%	-35.4%
Risk-adjusted return (90d)	-0.42	0.02

Relative strength over 90 days: CRCLB outperformed SMCI by 19.1% — measured on the SMCI/CRCLB ratio, so it holds regardless of market direction.

Super Micro Computer • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →