TTM Technologies (Ondo Tokenized) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 20336.7× the size of TTM Technologies (Ondo Tokenized) (TTMION) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.02 across 35 shared trading days). Both have run at a similar volatility, around 95% annualised.

Correlation: -0.02
Size ratio: 1 : 20336.7

TTM Technologies (Ondo Tokenized)TTMION

$79.8700

24h: +2.12%
Market cap: $4,373
Volume 24h: $152,243
Volatility (ann.): 93%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.5400

24h: +1.93%
Market cap: $88.92M
Volume 24h: $1.64M
Volatility (ann.): 97%

TTMION 0.0%Share of the two combined market caps100.0% CRCLON

Performance

TTMIONCRCLON

7 days+1.10%-5.63%TTMION
30 days+6.48%-15.88%TTMION
90 days-32.76%——

Correlation

-0.02over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0990d: 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	TTMION	CRCLON
Max drawdown (400d)	-50.5%	-30.7%
Risk-adjusted return (90d)	-0.35	0.06

Relative strength over 90 days: CRCLON outperformed TTMION by 14.9% — measured on the TTMION/CRCLON ratio, so it holds regardless of market direction.

TTM Technologies (Ondo Tokenized) →Circle Internet Group (Ondo Tokenized Stock) →