AMC Entertainment Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 15836.1× the size of AMC Entertainment Tokenized Stock (Reality) (RAMC) by market capitalisation. Their daily returns move barely together (correlation 0.10 across 25 shared trading days). Both have run at a similar volatility, around 75% annualised.

Correlation: 0.10
Size ratio: 1 : 15836.1

AMC Entertainment Tokenized Stock (Reality)RAMC

$3.0000

24h: —
Market cap: $12,402
Volume 24h: —
Volatility (ann.): 79%

SpaceX (bStocks Tokenized Stock)SPCXB

$133.8400

24h: -1.47%
Market cap: $196.41M
Volume 24h: $66.66M
Volatility (ann.): 71%

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

Performance

RAMCSPCXB

7 days+1.37%-6.33%RAMC
30 days+0.68%-21.79%RAMC
90 days—+17.70%—

Correlation

0.10over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	RAMC	SPCXB
Max drawdown (400d)	-16.6%	-47.5%
Risk-adjusted return (90d)	0.01	0.28

Relative strength over 90 days: RAMC outperformed SPCXB by 1.4% — measured on the RAMC/SPCXB ratio, so it holds regardless of market direction.

AMC Entertainment Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →