CEA Industries (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 5.1× the size of CEA Industries (bStocks Tokenized Stock) (BNCB) by market capitalisation. Their daily returns move loosely together (correlation 0.35 across 52 shared trading days). BNCB has been the more volatile of the two, at 93% annualised against SPCXB's 71%.

Correlation: 0.35
Size ratio: 1 : 5.1

CEA Industries (bStocks Tokenized Stock)BNCB

$5.0200

24h: +2.12%
Market cap: $38.66M
Volume 24h: $22.08M
Volatility (ann.): 93%

SpaceX (bStocks Tokenized Stock)SPCXB

$133.8400

24h: -1.47%
Market cap: $196.41M
Volume 24h: $66.66M
Volatility (ann.): 71%

BNCB 16.4%Share of the two combined market caps83.6% SPCXB

Performance

BNCBSPCXB

7 days-10.34%-6.33%SPCXB
30 days-17.27%-21.79%BNCB
90 days—+17.70%—

Correlation

0.35over 52 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5590d: 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	BNCB	SPCXB
Max drawdown (400d)	-33.3%	-47.5%
Risk-adjusted return (90d)	-0.04	0.28

Relative strength over 90 days: BNCB outperformed SPCXB by 5.7% — measured on the BNCB/SPCXB ratio, so it holds regardless of market direction.

CEA Industries (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →