Cerebras (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 70.7× the size of Cerebras (bStocks Tokenized Stock) (CBRSB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 82.1 percentage points (CBRSB -53.9% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.30 across 120 shared trading days). CBRSB has been the more volatile of the two, at 101% annualised against SPCXB's 71%.

Correlation: 0.30
Size ratio: 1 : 70.7
Ahead over 90 days: SPCXB

Cerebras (bStocks Tokenized Stock)CBRSB

$97.8500

24h: -0.56%
Market cap: $2.81M
Volume 24h: $1.67M
Volatility (ann.): 101%

SpaceX (bStocks Tokenized Stock)SPCXB

$135.5800

24h: -0.83%
Market cap: $198.53M
Volume 24h: $45.25M
Volatility (ann.): 71%

CBRSB 1.4%Share of the two combined market caps98.6% SPCXB

Performance

CBRSBSPCXB

7 days-17.13%-5.60%SPCXB
30 days-45.75%-11.42%SPCXB
90 days-53.92%+28.18%SPCXB

Correlation

0.30over 120 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4190d: 0.291y: 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	CBRSB	SPCXB
Max drawdown (400d)	-61.7%	-47.5%
Risk-adjusted return (90d)	-0.62	0.45

Relative strength over 90 days: SPCXB outperformed CBRSB by 64.0% — measured on the CBRSB/SPCXB ratio, so it holds regardless of market direction.

Cerebras (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →