Archer Aviation Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 17749.1× the size of Archer Aviation Tokenized Stock (Reality) (RACHR) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.32 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RACHR's 52%.

Correlation: -0.32
Size ratio: 1 : 17749.1

Archer Aviation Tokenized Stock (Reality)RACHR

$4.1300

24h: —
Market cap: $11,003
Volume 24h: $95,596
Volatility (ann.): 52%

SpaceX (bStocks Tokenized Stock)SPCXB

$131.9200

24h: -0.60%
Market cap: $195.30M
Volume 24h: $43.16M
Volatility (ann.): 71%

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

Performance

RACHRSPCXB

7 days-1.44%-6.33%RACHR
30 days-12.41%-21.79%RACHR
90 days—+17.70%—

Correlation

-0.32over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3290d: 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	RACHR	SPCXB
Max drawdown (400d)	-18.5%	-47.5%
Risk-adjusted return (90d)	-0.24	0.28

Relative strength over 90 days: SPCXB outperformed RACHR by 23.1% — measured on the RACHR/SPCXB ratio, so it holds regardless of market direction.

Archer Aviation Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →