lululemon Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 30842.0× the size of lululemon Tokenized Stock (Reality) (RLULU) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.22 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RLULU's 30%.

Correlation: -0.22
Size ratio: 1 : 30842.0

lululemon Tokenized Stock (Reality)RLULU

$106.5000

24h: -1.44%
Market cap: $6,378
Volume 24h: $21
Volatility (ann.): 30%

SpaceX (bStocks Tokenized Stock)SPCXB

$133.3800

24h: -1.89%
Market cap: $196.70M
Volume 24h: $66.42M
Volatility (ann.): 71%

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

Performance

RLULUSPCXB

7 days-0.21%-6.33%RLULU
30 days-4.03%-21.79%RLULU
90 days—+17.70%—

Correlation

-0.22over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2290d: 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	RLULU	SPCXB
Max drawdown (400d)	-11.4%	-47.5%
Risk-adjusted return (90d)	-0.14	0.28

Relative strength over 90 days: SPCXB outperformed RLULU by 16.5% — measured on the RLULU/SPCXB ratio, so it holds regardless of market direction.

lululemon Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →