Aurora Innovation, Inc. • Robinhood Token vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 37919.6× the size of Aurora Innovation, Inc. • Robinhood Token (AUR) by market capitalisation. Their daily returns move loosely in opposite directions (correlation -0.35 across 20 shared trading days). AUR has been the more volatile of the two, at 32703% annualised against SPCXB's 71%.

Correlation: -0.35
Size ratio: 1 : 37919.6

Aurora Innovation, Inc. • Robinhood TokenAUR

$4.1100

24h: —
Market cap: $4,904
Volume 24h: $19
Volatility (ann.): 32703%

SpaceX (bStocks Tokenized Stock)SPCXB

$123.9000

24h: -9.98%
Market cap: $185.96M
Volume 24h: $47.36M
Volatility (ann.): 71%

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

Performance

AURSPCXB

7 days-10.89%-6.33%SPCXB
30 days—-21.79%—
90 days—+17.70%—

Correlation

-0.35over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	AUR	SPCXB
Max drawdown (400d)	-98.8%	-47.5%
Risk-adjusted return (90d)	—	0.28

Relative strength over 90 days: SPCXB outperformed AUR by 5.2% — measured on the AUR/SPCXB ratio, so it holds regardless of market direction.

Aurora Innovation, Inc. • Robinhood Token →SpaceX (bStocks Tokenized Stock) →