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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 4982.7× the size of POET Technologies Tokenized Stock (Reality) (RPOET) by market capitalisation. Their daily returns move barely together (correlation 0.30 across 25 shared trading days). SPCXB has been the more volatile of the two, at 74% annualised against RPOET's 57%.

Correlation: 0.30
Size ratio: 1 : 4982.7

POET Technologies Tokenized Stock (Reality)RPOET

$5.0900

24h: +17.30%
Market cap: $41,482
Volume 24h: $3
Volatility (ann.): 57%

SpaceX (bStocks Tokenized Stock)SPCXB

$134.9700

24h: +5.01%
Market cap: $206.69M
Volume 24h: $61.96M
Volatility (ann.): 74%

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

Performance

RPOETSPCXB

7 days-9.74%-0.77%SPCXB
30 days-2.36%-19.70%RPOET
90 days—-0.44%—

Correlation

0.30over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3090d: 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	RPOET	SPCXB
Max drawdown (400d)	-16.2%	-47.5%
Risk-adjusted return (90d)	-0.04	-0.01

Relative strength over 90 days: SPCXB outperformed RPOET by 14.3% — measured on the RPOET/SPCXB ratio, so it holds regardless of market direction.

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