Palantir Technologies Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 451.1× the size of Palantir Technologies Tokenized Stock (Reality) (RPLTR) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.31 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RPLTR's 24%.

Correlation: -0.31
Size ratio: 1 : 451.1

Palantir Technologies Tokenized Stock (Reality)RPLTR

$169.5600

24h: -0.02%
Market cap: $436,947
Volume 24h: $74,809
Volatility (ann.): 24%

SpaceX (bStocks Tokenized Stock)SPCXB

$134.2800

24h: -1.69%
Market cap: $197.13M
Volume 24h: $66.32M
Volatility (ann.): 71%

RPLTR 0.2%Share of the two combined market caps99.8% SPCXB

Performance

RPLTRSPCXB

7 days+5.12%-6.33%RPLTR
30 days+15.03%-21.79%RPLTR
90 days—+17.70%—

Correlation

-0.31over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3190d: 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	RPLTR	SPCXB
Max drawdown (400d)	-3.0%	-47.5%
Risk-adjusted return (90d)	0.63	0.28

Relative strength over 90 days: RPLTR outperformed SPCXB by 0.9% — measured on the RPLTR/SPCXB ratio, so it holds regardless of market direction.

Palantir Technologies Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →