Krispy Kreme (ST0x Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 5765.6× the size of Krispy Kreme (ST0x Tokenized Stock) (WTDNUT) by market capitalisation. Their daily returns move loosely in opposite directions (correlation -0.53 across 32 shared trading days). WTDNUT has been the more volatile of the two, at 114% annualised against SPCXB's 73%.

Correlation: -0.53
Size ratio: 1 : 5765.6

Krispy Kreme (ST0x Tokenized Stock)WTDNUT

$4.5600

24h: +32.21%
Market cap: $37,083
Volume 24h: $5,666
Volatility (ann.): 114%

SpaceX (bStocks Tokenized Stock)SPCXB

$135.2700

24h: +9.77%
Market cap: $213.80M
Volume 24h: $82.45M
Volatility (ann.): 73%

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

Performance

WTDNUTSPCXB

7 days+50.48%-12.85%WTDNUT
30 days+57.09%-27.86%WTDNUT
90 days—-8.57%—

Correlation

-0.53over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.5590d: 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	WTDNUT	SPCXB
Max drawdown (400d)	-8.7%	-47.5%
Risk-adjusted return (90d)	0.50	-0.15

Relative strength over 90 days: WTDNUT outperformed SPCXB by 90.9% — measured on the WTDNUT/SPCXB ratio, so it holds regardless of market direction.

Krispy Kreme (ST0x Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →