Credo Technology Group Holding (Ondo Tokenized) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 787.2× the size of Credo Technology Group Holding (Ondo Tokenized) (CRDOON) by market capitalisation. Over the past 90 days, SPCXB is ahead by 40.4 percentage points (CRDOON -22.7% against SPCXB +17.7%). Their daily returns move loosely together (correlation 0.39 across 83 shared trading days). CRDOON has been the more volatile of the two, at 103% annualised against SPCXB's 71%.

Correlation: 0.39
Size ratio: 1 : 787.2
Ahead over 90 days: SPCXB

Credo Technology Group Holding (Ondo Tokenized)CRDOON

$133.3100

24h: -9.14%
Market cap: $233,365
Volume 24h: $482,770
Volatility (ann.): 103%

SpaceX (bStocks Tokenized Stock)SPCXB

$124.3500

24h: -11.19%
Market cap: $183.71M
Volume 24h: $35.96M
Volatility (ann.): 71%

CRDOON 0.1%Share of the two combined market caps99.9% SPCXB

Performance

CRDOONSPCXB

7 days+6.49%-6.33%CRDOON
30 days-13.12%-21.79%CRDOON
90 days-22.67%+17.70%SPCXB

Correlation

0.39over 83 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2390d: 0.391y: 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	CRDOON	SPCXB
Max drawdown (400d)	-46.9%	-47.5%
Risk-adjusted return (90d)	-0.22	0.28

Relative strength over 90 days: SPCXB outperformed CRDOON by 21.1% — measured on the CRDOON/SPCXB ratio, so it holds regardless of market direction.

Credo Technology Group Holding (Ondo Tokenized) →SpaceX (bStocks Tokenized Stock) →