Advanced Micro Devices (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 56.8× the size of Advanced Micro Devices (bStocks Tokenized Stock) (AMDB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 21.1 percentage points (AMDB +7.1% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.26 across 134 shared trading days). Both have run at a similar volatility, around 71% annualised.

Correlation: 0.26
Size ratio: 1 : 56.8
Ahead over 90 days: SPCXB

Advanced Micro Devices (bStocks Tokenized Stock)AMDB

$486.1000

24h: -0.32%
Market cap: $3.54M
Volume 24h: $612,268
Volatility (ann.): 71%

SpaceX (bStocks Tokenized Stock)SPCXB

$136.6600

24h: -2.62%
Market cap: $200.99M
Volume 24h: $68.78M
Volatility (ann.): 71%

AMDB 1.7%Share of the two combined market caps98.3% SPCXB

Performance

AMDBSPCXB

7 days-8.56%-5.60%SPCXB
30 days-18.92%-11.42%SPCXB
90 days+7.11%+28.18%SPCXB

Correlation

0.26over 134 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4790d: 0.231y: 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	AMDB	SPCXB
Max drawdown (400d)	-27.4%	-47.5%
Risk-adjusted return (90d)	0.12	0.45

Relative strength over 90 days: SPCXB outperformed AMDB by 16.4% — measured on the AMDB/SPCXB ratio, so it holds regardless of market direction.

Advanced Micro Devices (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →