Credo Technology (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 95.4× the size of Credo Technology (bStocks Tokenized Stock) (CRDOB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 59.8 percentage points (CRDOB -31.7% against SPCXB +28.2%). Their daily returns move loosely together (correlation 0.45 across 91 shared trading days). CRDOB has been the more volatile of the two, at 96% annualised against SPCXB's 71%.

Correlation: 0.45
Size ratio: 1 : 95.4
Ahead over 90 days: SPCXB

Credo Technology (bStocks Tokenized Stock)CRDOB

$144.0300

24h: -0.34%
Market cap: $2.05M
Volume 24h: $431,515
Volatility (ann.): 96%

SpaceX (bStocks Tokenized Stock)SPCXB

$132.8600

24h: -3.48%
Market cap: $195.62M
Volume 24h: $53.04M
Volatility (ann.): 71%

CRDOB 1.0%Share of the two combined market caps99.0% SPCXB

Performance

CRDOBSPCXB

7 days-9.14%-5.60%SPCXB
30 days-30.47%-11.42%SPCXB
90 days-31.65%+28.18%SPCXB

Correlation

0.45over 91 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4590d: 0.451y: 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	CRDOB	SPCXB
Max drawdown (400d)	-50.2%	-47.5%
Risk-adjusted return (90d)	-0.33	0.45

Relative strength over 90 days: SPCXB outperformed CRDOB by 46.7% — measured on the CRDOB/SPCXB ratio, so it holds regardless of market direction.

Credo Technology (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →