AST SpaceMobile (Ondo Tokenized) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 77.6× the size of AST SpaceMobile (Ondo Tokenized) (ASTSON) by market capitalisation. Over the past 90 days, SPCXB is ahead by 49.3 percentage points (ASTSON -31.6% against SPCXB +17.7%). Their daily returns move loosely together (correlation 0.36 across 109 shared trading days). ASTSON has been the more volatile of the two, at 108% annualised against SPCXB's 71%.

Correlation: 0.36
Size ratio: 1 : 77.6
Ahead over 90 days: SPCXB

AST SpaceMobile (Ondo Tokenized)ASTSON

$35.3700

24h: -2.70%
Market cap: $2.52M
Volume 24h: $549,336
Volatility (ann.): 108%

SpaceX (bStocks Tokenized Stock)SPCXB

$132.4700

24h: +1.08%
Market cap: $195.65M
Volume 24h: $48.58M
Volatility (ann.): 71%

ASTSON 1.3%Share of the two combined market caps98.7% SPCXB

Performance

ASTSONSPCXB

7 days-2.92%-6.33%ASTSON
30 days+3.15%-21.79%ASTSON
90 days-31.58%+17.70%SPCXB

Correlation

0.36over 109 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 0.381y: 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	ASTSON	SPCXB
Max drawdown (400d)	-59.3%	-47.5%
Risk-adjusted return (90d)	-0.36	0.28

Relative strength over 90 days: SPCXB outperformed ASTSON by 19.4% — measured on the ASTSON/SPCXB ratio, so it holds regardless of market direction.

AST SpaceMobile (Ondo Tokenized) →SpaceX (bStocks Tokenized Stock) →