NuScale Power Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 2891.9× the size of NuScale Power Tokenized Stock (Reality) (RSMR) by market capitalisation. Their daily returns move barely together (correlation 0.19 across 25 shared trading days). Both have run at a similar volatility, around 71% annualised.

Correlation: 0.19
Size ratio: 1 : 2891.9

NuScale Power Tokenized Stock (Reality)RSMR

$5.0800

24h: -3.57%
Market cap: $63,205
Volume 24h: $37,579
Volatility (ann.): 71%

SpaceX (bStocks Tokenized Stock)SPCXB

$123.4200

24h: -10.39%
Market cap: $182.78M
Volume 24h: $46.58M
Volatility (ann.): 71%

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

Performance

RSMRSPCXB

7 days-5.68%-6.33%RSMR
30 days-13.18%-21.79%RSMR
90 days—+17.70%—

Correlation

0.19over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1990d: 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	RSMR	SPCXB
Max drawdown (400d)	-19.3%	-47.5%
Risk-adjusted return (90d)	-0.19	0.28

Relative strength over 90 days: SPCXB outperformed RSMR by 23.8% — measured on the RSMR/SPCXB ratio, so it holds regardless of market direction.

NuScale Power Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →