Western Digital Corporation • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 1565.0× the size of Western Digital Corporation • Robinhood Token (WDC) by market capitalisation. Over the past 30 days, STRCX is ahead by 31.3 percentage points (WDC -27.6% against STRCX +3.6%). Their daily returns move barely together (correlation 0.13 across 23 shared trading days). WDC has been the more volatile of the two, at 78% annualised against STRCX's 51%.

Correlation: 0.13
Size ratio: 1 : 1565.0
Ahead over 30 days: STRCX

Western Digital Corporation • Robinhood TokenWDC

$312.0700

24h: -9.32%
Market cap: $90,357
Volume 24h: $14,292
Volatility (ann.): 78%

Strategy PP Variable xStockSTRCX

$109.1000

24h: -0.51%
Market cap: $141.41M
Volume 24h: $461,896
Volatility (ann.): 51%

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

Performance

WDCSTRCX

7 days-16.74%+0.05%STRCX
30 days-27.65%+3.64%STRCX

Correlation

0.13over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	WDC	STRCX
Max drawdown (400d)	-30.7%	-7.5%
Risk-adjusted return (90d)	-0.37	0.16

Relative strength over 90 days: STRCX outperformed WDC by 14.0% — measured on the WDC/STRCX ratio, so it holds regardless of market direction.

Western Digital Corporation • Robinhood Token →Strategy PP Variable xStock →