Bending Spoons Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 115985.0× the size of Bending Spoons Tokenized Stock (Reality) (RBSP) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.24 across 25 shared trading days). RBSP has been the more volatile of the two, at 204% annualised against SPCXB's 71%.

Correlation: -0.24
Size ratio: 1 : 115985.0

Bending Spoons Tokenized Stock (Reality)RBSP

$43.0200

24h: -5.43%
Market cap: $1,700
Volume 24h: $17,340
Volatility (ann.): 204%

SpaceX (bStocks Tokenized Stock)SPCXB

$134.3200

24h: -3.52%
Market cap: $197.19M
Volume 24h: $68.83M
Volatility (ann.): 71%

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

Performance

RBSPSPCXB

7 days-3.20%-6.33%RBSP
30 days+39.48%-21.79%RBSP
90 days—+17.70%—

Correlation

-0.24over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2490d: 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	RBSP	SPCXB
Max drawdown (400d)	-20.6%	-47.5%
Risk-adjusted return (90d)	0.19	0.28

Relative strength over 90 days: RBSP outperformed SPCXB by 39.7% — measured on the RBSP/SPCXB ratio, so it holds regardless of market direction.

Bending Spoons Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →