Lumentum Holdings (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 180.7× the size of Lumentum Holdings (bStocks Tokenized Stock) (LITEB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 45.3 percentage points (LITEB -17.1% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.31 across 127 shared trading days). LITEB has been the more volatile of the two, at 108% annualised against SPCXB's 71%.

Correlation: 0.31
Size ratio: 1 : 180.7
Ahead over 90 days: SPCXB

Lumentum Holdings (bStocks Tokenized Stock)LITEB

$646.6300

24h: -0.40%
Market cap: $1.08M
Volume 24h: $1.24M
Volatility (ann.): 108%

SpaceX (bStocks Tokenized Stock)SPCXB

$132.9400

24h: -3.48%
Market cap: $195.62M
Volume 24h: $53.04M
Volatility (ann.): 71%

LITEB 0.6%Share of the two combined market caps99.4% SPCXB

Performance

LITEBSPCXB

7 days-21.78%-5.60%SPCXB
30 days-37.75%-11.42%SPCXB
90 days-17.13%+28.18%SPCXB

Correlation

0.31over 127 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 0.331y: 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	LITEB	SPCXB
Max drawdown (400d)	-39.9%	-47.5%
Risk-adjusted return (90d)	-0.17	0.45

Relative strength over 90 days: SPCXB outperformed LITEB by 35.4% — measured on the LITEB/SPCXB ratio, so it holds regardless of market direction.

Lumentum Holdings (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →