Workday • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 5035.0× the size of Workday • Robinhood Token (WDAY) by market capitalisation. Their daily returns move loosely together (correlation 0.39 across 28 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against WDAY's 38%.

Correlation: 0.39
Size ratio: 1 : 5035.0

Workday • Robinhood TokenWDAY

$199.5100

24h: -1.70%
Market cap: $30,289
Volume 24h: $487
Volatility (ann.): 38%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.4000

24h: -7.92%
Market cap: $152.50M
Volume 24h: $47.56M
Volatility (ann.): 83%

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

Performance

WDAYCRCLB

7 days-2.53%-10.02%WDAY
30 days+5.99%-18.89%WDAY
90 days—+1.70%—

Correlation

0.39over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	WDAY	CRCLB
Max drawdown (400d)	-6.7%	-35.4%
Risk-adjusted return (90d)	0.16	0.02

Relative strength over 90 days: WDAY outperformed CRCLB by 29.8% — measured on the WDAY/CRCLB ratio, so it holds regardless of market direction.

Workday • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →