Rigetti Computing Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 3043.7× the size of Rigetti Computing Tokenized Stock (Reality) (RRGTI) by market capitalisation. Their daily returns move barely together (correlation 0.08 across 25 shared trading days). SPCXB has been the more volatile of the two, at 73% annualised against RRGTI's 55%.

Correlation: 0.08
Size ratio: 1 : 3043.7

Rigetti Computing Tokenized Stock (Reality)RRGTI

$9.9700

24h: -10.28%
Market cap: $66,618
Volume 24h: $164,839
Volatility (ann.): 55%

SpaceX (bStocks Tokenized Stock)SPCXB

$128.7100

24h: -4.18%
Market cap: $202.76M
Volume 24h: $76.36M
Volatility (ann.): 73%

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

Performance

RRGTISPCXB

7 days-12.60%-12.85%RRGTI
30 days-12.14%-27.86%RRGTI
90 days—-8.57%—

Correlation

0.08over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0890d: 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	RRGTI	SPCXB
Max drawdown (400d)	-20.6%	-47.5%
Risk-adjusted return (90d)	-0.22	-0.15

Relative strength over 90 days: SPCXB outperformed RRGTI by 20.1% — measured on the RRGTI/SPCXB ratio, so it holds regardless of market direction.

Rigetti Computing Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →