Uber Technologies (Dinari Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 6932.2× the size of Uber Technologies (Dinari Tokenized Stock) (UBER) by market capitalisation. Their daily returns move barely together (correlation 0.32 across 25 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against UBER's 22%.

Correlation: 0.32
Size ratio: 1 : 6932.2

Uber Technologies (Dinari Tokenized Stock)UBER

$69.9200

24h: +5.87%
Market cap: $21,956
Volume 24h: $1,431
Volatility (ann.): 22%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.9800

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

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

Performance

UBERCRCLB

7 days+1.98%-10.02%UBER
30 days-4.89%-18.89%UBER
90 days—+1.70%—

Correlation

0.32over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	UBER	CRCLB
Max drawdown (400d)	-7.1%	-35.4%
Risk-adjusted return (90d)	-0.22	0.02

Relative strength over 90 days: UBER outperformed CRCLB by 7.9% — measured on the UBER/CRCLB ratio, so it holds regardless of market direction.

Uber Technologies (Dinari Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →