Crecoin vs SpaceX PreStocks

SpaceX PreStocks (SPACEX) is 6.8× the size of Crecoin (CREC) by market capitalisation. Over the past 30 days, SPACEX is ahead by 10.6 percentage points (CREC -26.6% against SPACEX -16.0%). Their daily returns move barely together (correlation 0.04 across 37 shared trading days). CREC has been the more volatile of the two, at 133% annualised against SPACEX's 60%.

Correlation: 0.04
Size ratio: 1 : 6.8
Ahead over 30 days: SPACEX

CrecoinCREC

$0.000367

24h: -1.81%
Market cap: $689,831
Volume 24h: $70
Volatility (ann.): 133%

SpaceX PreStocksSPACEX

$536.5600

24h: +1.00%
Market cap: $4.69M
Volume 24h: $30,012
Volatility (ann.): 60%

CREC 12.8%Share of the two combined market caps87.2% SPACEX

Performance

CRECSPACEX

7 days-10.13%-15.45%CREC
30 days-26.61%-15.96%SPACEX

Correlation

0.04over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0690d: 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	CREC	SPACEX
Max drawdown (400d)	-43.5%	-16.7%
Risk-adjusted return (90d)	-0.25	-0.05

Relative strength over 90 days: SPACEX outperformed CREC by 32.4% — measured on the CREC/SPACEX ratio, so it holds regardless of market direction.

Crecoin →SpaceX PreStocks →