The Trade Desk, Inc. • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 26097.5× the size of The Trade Desk, Inc. • Robinhood Token (TTD) by market capitalisation. Their daily returns move loosely together (correlation 0.48 across 26 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against TTD's 44%.

Correlation: 0.48
Size ratio: 1 : 26097.5

The Trade Desk, Inc. • Robinhood TokenTTD

$12.5300

24h: —
Market cap: $5,541
Volume 24h: $42
Volatility (ann.): 44%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$67.5300

24h: -12.77%
Market cap: $144.61M
Volume 24h: $40.56M
Volatility (ann.): 82%

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

Performance

TTDCRCLB

7 days+0.32%-5.56%TTD
30 days+2.71%-9.22%TTD
90 days—+19.24%—

Correlation

0.48over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4890d: 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	TTD	CRCLB
Max drawdown (400d)	-8.1%	-31.5%
Risk-adjusted return (90d)	0.06	0.23

Relative strength over 90 days: TTD outperformed CRCLB by 12.7% — measured on the TTD/CRCLB ratio, so it holds regardless of market direction.

The Trade Desk, Inc. • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →