TTM Technologies (Ondo Tokenized) vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 32478.1× the size of TTM Technologies (Ondo Tokenized) (TTMION) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.14 across 35 shared trading days). TTMION has been the more volatile of the two, at 93% annualised against STRCX's 51%.

Correlation: -0.14
Size ratio: 1 : 32478.1

TTM Technologies (Ondo Tokenized)TTMION

$79.8700

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

Strategy PP Variable xStockSTRCX

$109.5900

24h: -0.04%
Market cap: $142.01M
Volume 24h: $498,076
Volatility (ann.): 51%

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

Performance

TTMIONSTRCX

7 days+1.10%+0.05%TTMION
30 days+6.48%+3.64%TTMION
90 days-32.76%——

Correlation

-0.14over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1690d: 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	STRCX
Max drawdown (400d)	-50.5%	-7.5%
Risk-adjusted return (90d)	-0.35	0.16

Relative strength over 90 days: STRCX outperformed TTMION by 15.9% — measured on the TTMION/STRCX ratio, so it holds regardless of market direction.

TTM Technologies (Ondo Tokenized) →Strategy PP Variable xStock →