American Airlines Group (Ondo Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 13571.0× the size of American Airlines Group (Ondo Tokenized Stock) (AALON) by market capitalisation. Over the past 90 days, SPCXB is ahead by 42.3 percentage points (AALON -24.6% against SPCXB +17.7%). Their daily returns move barely in opposite directions (correlation -0.08 across 109 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against AALON's 54%.

Correlation: -0.08
Size ratio: 1 : 13571.0
Ahead over 90 days: SPCXB

American Airlines Group (Ondo Tokenized Stock)AALON

$13.6800

24h: +6.51%
Market cap: $14,538
Volume 24h: $158,782
Volatility (ann.): 54%

SpaceX (bStocks Tokenized Stock)SPCXB

$126.3200

24h: -7.01%
Market cap: $197.30M
Volume 24h: $51.00M
Volatility (ann.): 71%

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

Performance

AALONSPCXB

7 days+0.51%-6.33%AALON
30 days+0.00%-21.79%AALON
90 days-24.59%+17.70%SPCXB

Correlation

-0.08over 109 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0890d: 0.081y: 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	AALON	SPCXB
Max drawdown (400d)	-35.2%	-47.5%
Risk-adjusted return (90d)	-0.58	0.28

Relative strength over 90 days: SPCXB outperformed AALON by 11.1% — measured on the AALON/SPCXB ratio, so it holds regardless of market direction.

American Airlines Group (Ondo Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →