ASE Technology Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 3619.8× the size of ASE Technology Tokenized Stock (Reality) (RASX) by market capitalisation. Their daily returns move loosely together (correlation 0.38 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RASX's 49%.

Correlation: 0.38
Size ratio: 1 : 3619.8

ASE Technology Tokenized Stock (Reality)RASX

$35.2800

24h: -7.77%
Market cap: $54,100
Volume 24h: $352,368
Volatility (ann.): 49%

SpaceX (bStocks Tokenized Stock)SPCXB

$123.5200

24h: -8.86%
Market cap: $195.83M
Volume 24h: $54.37M
Volatility (ann.): 71%

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

Performance

RASXSPCXB

7 days-2.26%-6.33%RASX
30 days+25.03%-21.79%RASX
90 days—+17.70%—

Correlation

0.38over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3890d: 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	RASX	SPCXB
Max drawdown (400d)	-5.6%	-47.5%
Risk-adjusted return (90d)	0.51	0.28

Relative strength over 90 days: RASX outperformed SPCXB by 9.1% — measured on the RASX/SPCXB ratio, so it holds regardless of market direction.

ASE Technology Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →