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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 68.1× the size of Marvell Technology Tokenized Stock (Reality) (RMRVL) by market capitalisation. Their daily returns move barely together (correlation 0.25 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RMRVL's 50%.

Correlation: 0.25
Size ratio: 1 : 68.1

Marvell Technology Tokenized Stock (Reality)RMRVL

$166.2300

24h: -4.82%
Market cap: $2.91M
Volume 24h: $52,717
Volatility (ann.): 50%

SpaceX (bStocks Tokenized Stock)SPCXB

$134.0400

24h: -5.02%
Market cap: $198.24M
Volume 24h: $69.93M
Volatility (ann.): 71%

RMRVL 1.4%Share of the two combined market caps98.6% SPCXB

Performance

RMRVLSPCXB

7 days+0.52%-5.60%RMRVL
30 days+23.52%-11.42%RMRVL
90 days—+28.18%—

Correlation

0.25over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: 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	RMRVL	SPCXB
Max drawdown (400d)	-4.7%	-47.5%
Risk-adjusted return (90d)	0.47	0.45

Relative strength over 90 days: RMRVL outperformed SPCXB by 8.4% — measured on the RMRVL/SPCXB ratio, so it holds regardless of market direction.

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