GameStop (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 31.6× the size of GameStop (bStocks Tokenized Stock) (GMEB) by market capitalisation. Over the past 90 days, GMEB is ahead by 17.9 percentage points (GMEB +35.6% against SPCXB +17.7%). Their daily returns move barely together (correlation 0.09 across 85 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against GMEB's 43%.

Correlation: 0.09
Size ratio: 1 : 31.6
Ahead over 90 days: GMEB

GameStop (bStocks Tokenized Stock)GMEB

$25.1800

24h: -0.67%
Market cap: $6.20M
Volume 24h: $97,325
Volatility (ann.): 43%

SpaceX (bStocks Tokenized Stock)SPCXB

$132.4600

24h: +1.08%
Market cap: $195.65M
Volume 24h: $48.58M
Volatility (ann.): 71%

GMEB 3.1%Share of the two combined market caps96.9% SPCXB

Performance

GMEBSPCXB

7 days+6.89%-6.33%GMEB
30 days-0.67%-21.79%GMEB
90 days+35.64%+17.70%GMEB

Correlation

0.09over 85 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0090d: 0.091y: 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	GMEB	SPCXB
Max drawdown (400d)	-16.3%	-47.5%
Risk-adjusted return (90d)	0.82	0.28

Relative strength over 90 days: GMEB outperformed SPCXB by 47.7% — measured on the GMEB/SPCXB ratio, so it holds regardless of market direction.

GameStop (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →