T1 Energy Inc. • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 21103.3× the size of T1 Energy Inc. • Robinhood Token (TE) by market capitalisation. Their daily returns move barely together (correlation 0.34 across 22 shared trading days). TE has been the more volatile of the two, at 151% annualised against CRCLB's 83%.

Correlation: 0.34
Size ratio: 1 : 21103.3

T1 Energy Inc. • Robinhood TokenTE

$2.7800

24h: +2.31%
Market cap: $7,212
Volume 24h: $894
Volatility (ann.): 151%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.7700

24h: -9.20%
Market cap: $152.20M
Volume 24h: $44.31M
Volatility (ann.): 83%

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

Performance

TECRCLB

7 days-4.94%-10.02%TE
30 days—-18.89%—
90 days—+1.70%—

Correlation

0.34over 22 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	TE	CRCLB
Max drawdown (400d)	-40.3%	-35.4%
Risk-adjusted return (90d)	-0.25	0.02

Relative strength over 90 days: CRCLB outperformed TE by 24.6% — measured on the TE/CRCLB ratio, so it holds regardless of market direction.

T1 Energy Inc. • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →