Marvell Technology (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 24.7× the size of Marvell Technology (bStocks Tokenized Stock) (MRVLB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 46.5 percentage points (MRVLB -18.3% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.28 across 112 shared trading days). MRVLB has been the more volatile of the two, at 92% annualised against SPCXB's 71%.

Correlation: 0.28
Size ratio: 1 : 24.7
Ahead over 90 days: SPCXB

Marvell Technology (bStocks Tokenized Stock)MRVLB

$165.9000

24h: -1.36%
Market cap: $7.91M
Volume 24h: $732,109
Volatility (ann.): 92%

SpaceX (bStocks Tokenized Stock)SPCXB

$132.8600

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

MRVLB 3.9%Share of the two combined market caps96.1% SPCXB

Performance

MRVLBSPCXB

7 days-29.58%-5.60%SPCXB
30 days-37.68%-11.42%SPCXB
90 days-18.35%+28.18%SPCXB

Correlation

0.28over 112 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4790d: 0.281y: 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	MRVLB	SPCXB
Max drawdown (400d)	-40.3%	-47.5%
Risk-adjusted return (90d)	-0.22	0.45

Relative strength over 90 days: SPCXB outperformed MRVLB by 36.3% — measured on the MRVLB/SPCXB ratio, so it holds regardless of market direction.

Marvell Technology (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →