BitMine Immersion Technologies (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 42.1× the size of BitMine Immersion Technologies (bStocks Tokenized Stock) (BMNRB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 17.1 percentage points (BMNRB +11.1% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.28 across 91 shared trading days). Both have run at a similar volatility, around 77% annualised.

Correlation: 0.28
Size ratio: 1 : 42.1
Ahead over 90 days: SPCXB

BitMine Immersion Technologies (bStocks Tokenized Stock)BMNRB

$20.7900

24h: +0.00%
Market cap: $4.73M
Volume 24h: $1.23M
Volatility (ann.): 82%

SpaceX (bStocks Tokenized Stock)SPCXB

$136.6300

24h: -1.07%
Market cap: $198.94M
Volume 24h: $46.58M
Volatility (ann.): 71%

BMNRB 2.3%Share of the two combined market caps97.7% SPCXB

Performance

BMNRBSPCXB

7 days-5.82%-5.60%SPCXB
30 days-24.33%-11.42%SPCXB
90 days+11.11%+28.18%SPCXB

Correlation

0.28over 91 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4790d: 0.281y: 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	BMNRB	SPCXB
Max drawdown (400d)	-31.9%	-47.5%
Risk-adjusted return (90d)	0.14	0.45

Relative strength over 90 days: SPCXB outperformed BMNRB by 13.3% — measured on the BMNRB/SPCXB ratio, so it holds regardless of market direction.

BitMine Immersion Technologies (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →