Webull Corporation • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 1045.8× the size of Webull Corporation • Robinhood Token (BULL) by market capitalisation. Over the past 30 days, STRCX is ahead by 48.1 percentage points (BULL -44.5% against STRCX +3.6%). Their daily returns move barely together (correlation 0.15 across 28 shared trading days). BULL has been the more volatile of the two, at 101% annualised against STRCX's 51%.

Correlation: 0.15
Size ratio: 1 : 1045.8
Ahead over 30 days: STRCX

Webull Corporation • Robinhood TokenBULL

$5.4000

24h: +4.97%
Market cap: $136,068
Volume 24h: $8,547
Volatility (ann.): 101%

Strategy PP Variable xStockSTRCX

$109.7900

24h: +0.10%
Market cap: $142.30M
Volume 24h: $497,156
Volatility (ann.): 51%

BULL 0.1%Share of the two combined market caps99.9% STRCX

Performance

BULLSTRCX

7 days-4.72%+0.05%STRCX
30 days-44.50%+3.64%STRCX

Correlation

0.15over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1590d: 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	BULL	STRCX
Max drawdown (400d)	-51.9%	-7.5%
Risk-adjusted return (90d)	-0.42	0.16

Relative strength over 90 days: STRCX outperformed BULL by 45.9% — measured on the BULL/STRCX ratio, so it holds regardless of market direction.

Webull Corporation • Robinhood Token →Strategy PP Variable xStock →