Akamai Technologies Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 14937.1× the size of Akamai Technologies Tokenized Stock (Reality) (RAKAM) by market capitalisation. Their daily returns move loosely together (correlation 0.36 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RAKAM's 61%.

Correlation: 0.36
Size ratio: 1 : 14937.1

Akamai Technologies Tokenized Stock (Reality)RAKAM

$85.3800

24h: -1.45%
Market cap: $13,488
Volume 24h: $12,393
Volatility (ann.): 61%

SpaceX (bStocks Tokenized Stock)SPCXB

$134.8000

24h: -3.68%
Market cap: $201.47M
Volume 24h: $71.09M
Volatility (ann.): 71%

RAKAM 0.0%Share of the two combined market caps100.0% SPCXB

Performance

RAKAMSPCXB

7 days-2.47%-6.33%RAKAM
30 days-24.44%-21.79%SPCXB
90 days—+17.70%—

Correlation

0.36over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	RAKAM	SPCXB
Max drawdown (400d)	-26.3%	-47.5%
Risk-adjusted return (90d)	-0.40	0.28

Relative strength over 90 days: SPCXB outperformed RAKAM by 20.5% — measured on the RAKAM/SPCXB ratio, so it holds regardless of market direction.

Akamai Technologies Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →