Intuit • Robinhood Token vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 22527.1× the size of Intuit • Robinhood Token (INTU) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.12 across 28 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against INTU's 46%.

Correlation: -0.12
Size ratio: 1 : 22527.1

Intuit • Robinhood TokenINTU

$352.7100

24h: —
Market cap: $8,693
Volume 24h: $25
Volatility (ann.): 46%

SpaceX (bStocks Tokenized Stock)SPCXB

$123.5200

24h: -8.86%
Market cap: $195.83M
Volume 24h: $54.37M
Volatility (ann.): 71%

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

Performance

INTUSPCXB

7 days+6.91%-6.33%INTU
30 days+22.80%-21.79%INTU
90 days—+17.70%—

Correlation

-0.12over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: 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	INTU	SPCXB
Max drawdown (400d)	-9.5%	-47.5%
Risk-adjusted return (90d)	0.49	0.28

Relative strength over 90 days: INTU outperformed SPCXB by 57.0% — measured on the INTU/SPCXB ratio, so it holds regardless of market direction.

Intuit • Robinhood Token →SpaceX (bStocks Tokenized Stock) →