Pfizer (Dinari Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 8084.7× the size of Pfizer (Dinari Tokenized Stock) (PFE) by market capitalisation. Their daily returns move loosely in opposite directions (correlation -0.47 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against PFE's 18%.

Correlation: -0.47
Size ratio: 1 : 8084.7

Pfizer (Dinari Tokenized Stock)PFE

$30.8800

24h: +2.48%
Market cap: $23,002
Volume 24h: $308
Volatility (ann.): 18%

SpaceX (bStocks Tokenized Stock)SPCXB

$123.1500

24h: -9.98%
Market cap: $185.96M
Volume 24h: $47.36M
Volatility (ann.): 71%

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

Performance

PFESPCXB

7 days-2.36%-6.33%PFE
30 days-0.07%-21.79%PFE
90 days—+17.70%—

Correlation

-0.47over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4790d: 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	PFE	SPCXB
Max drawdown (400d)	-4.8%	-47.5%
Risk-adjusted return (90d)	0.00	0.28

Relative strength over 90 days: SPCXB outperformed PFE by 9.8% — measured on the PFE/SPCXB ratio, so it holds regardless of market direction.

Pfizer (Dinari Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →