SK Hynix (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 6.0× the size of SK Hynix (bStocks Tokenized Stock) (SKHYB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 24.4 percentage points (SKHYB +3.8% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.19 across 114 shared trading days). SKHYB has been the more volatile of the two, at 99% annualised against SPCXB's 71%.

Correlation: 0.19
Size ratio: 1 : 6.0
Ahead over 90 days: SPCXB

SK Hynix (bStocks Tokenized Stock)SKHYB

$147.1200

24h: -3.10%
Market cap: $32.36M
Volume 24h: $18.33M
Volatility (ann.): 99%

SpaceX (bStocks Tokenized Stock)SPCXB

$132.9200

24h: -3.48%
Market cap: $195.62M
Volume 24h: $53.04M
Volatility (ann.): 71%

SKHYB 14.2%Share of the two combined market caps85.8% SPCXB

Performance

SKHYBSPCXB

7 days+2.81%-5.60%SKHYB
30 days-21.75%-11.42%SPCXB
90 days+3.78%+28.18%SPCXB

Correlation

0.19over 114 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4390d: 0.191y: 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	SKHYB	SPCXB
Max drawdown (400d)	-32.7%	-47.5%
Risk-adjusted return (90d)	0.05	0.45

Relative strength over 90 days: SPCXB outperformed SKHYB by 19.0% — measured on the SKHYB/SPCXB ratio, so it holds regardless of market direction.

SK Hynix (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →