Walmart aStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 12698.1× the size of Walmart aStock (AWMT) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.11 across 31 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against AWMT's 22%.

Correlation: -0.11
Size ratio: 1 : 12698.1

Walmart aStockAWMT

$129.4800

24h: +3.80%
Market cap: $11,131
Volume 24h: —
Volatility (ann.): 22%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$66.2500

24h: -10.98%
Market cap: $141.35M
Volume 24h: $35.58M
Volatility (ann.): 82%

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

Performance

AWMTCRCLB

7 days+1.90%-5.56%AWMT
30 days+11.32%-9.22%AWMT
90 days—+19.24%—

Correlation

-0.11over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1190d: 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	AWMT	CRCLB
Max drawdown (400d)	-4.3%	-31.5%
Risk-adjusted return (90d)	0.52	0.23

Relative strength over 90 days: AWMT outperformed CRCLB by 22.1% — measured on the AWMT/CRCLB ratio, so it holds regardless of market direction.

Walmart aStock →Circle Internet Group (bStocks Tokenized Stock) →