Fair Isaac Corporation • Robinhood Token vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 43114.6× the size of Fair Isaac Corporation • Robinhood Token (FICO) by market capitalisation. Their daily returns move barely together (correlation 0.02 across 23 shared trading days). FICO has been the more volatile of the two, at 240% annualised against SPCXB's 71%.

Correlation: 0.02
Size ratio: 1 : 43114.6

Fair Isaac Corporation • Robinhood TokenFICO

$676.0900

24h: —
Market cap: $4,489
Volume 24h: $90
Volatility (ann.): 240%

SpaceX (bStocks Tokenized Stock)SPCXB

$122.4000

24h: -9.44%
Market cap: $193.52M
Volume 24h: $55.57M
Volatility (ann.): 71%

FICO 0.0%Share of the two combined market caps100.0% SPCXB

Performance

FICOSPCXB

7 days-6.33%-6.33%FICO
30 days—-21.79%—
90 days—+17.70%—

Correlation

0.02over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	FICO	SPCXB
Max drawdown (400d)	-29.1%	-47.5%
Risk-adjusted return (90d)	0.05	0.28

Relative strength over 90 days: FICO outperformed SPCXB by 24.1% — measured on the FICO/SPCXB ratio, so it holds regardless of market direction.

Fair Isaac Corporation • Robinhood Token →SpaceX (bStocks Tokenized Stock) →