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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 3893.8× the size of Zoom • Robinhood Token (ZM) by market capitalisation. Their daily returns move barely together (correlation 0.34 across 33 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against ZM's 31%.

Correlation: 0.34
Size ratio: 1 : 3893.8

Zoom • Robinhood TokenZM

$92.6800

24h: +1.44%
Market cap: $37,138
Volume 24h: $397
Volatility (ann.): 31%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$66.5200

24h: -12.77%
Market cap: $144.61M
Volume 24h: $40.56M
Volatility (ann.): 82%

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

Performance

ZMCRCLB

7 days-6.81%-5.56%CRCLB
30 days+1.15%-9.22%ZM
90 days—+19.24%—

Correlation

0.34over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	ZM	CRCLB
Max drawdown (400d)	-7.6%	-31.5%
Risk-adjusted return (90d)	0.03	0.23

Relative strength over 90 days: ZM outperformed CRCLB by 10.8% — measured on the ZM/CRCLB ratio, so it holds regardless of market direction.

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