Super Micro Computer • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 9244.0× the size of Super Micro Computer • Robinhood Token (SMCI) by market capitalisation. Over the past 30 days, MSTRX is ahead by 31.0 percentage points (SMCI -37.7% against MSTRX -6.7%). Their daily returns move closely together (correlation 0.67 across 20 shared trading days). MSTRX has been the more volatile of the two, at 105% annualised against SMCI's 81%.

Correlation: 0.67
Size ratio: 1 : 9244.0
Ahead over 30 days: MSTRX

Super Micro Computer • Robinhood TokenSMCI

$26.9100

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

MicroStrategy xStockMSTRX

$129.2400

24h: -10.15%
Market cap: $125.88M
Volume 24h: $5.44M
Volatility (ann.): 105%

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

Performance

SMCIMSTRX

7 days-22.82%-5.57%MSTRX
30 days-37.69%-6.73%MSTRX

Correlation

0.67over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	MSTRX
Max drawdown (400d)	-38.1%	-20.7%
Risk-adjusted return (90d)	-0.42	0.21

Relative strength over 90 days: MSTRX outperformed SMCI by 8.2% — measured on the SMCI/MSTRX ratio, so it holds regardless of market direction.

Super Micro Computer • Robinhood Token →MicroStrategy xStock →