Sony Group Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 11627.7× the size of Sony Group Tokenized Stock (Reality) (RSONY) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.08 across 25 shared trading days). SPCXB has been the more volatile of the two, at 73% annualised against RSONY's 21%.

Correlation: -0.08
Size ratio: 1 : 11627.7

Sony Group Tokenized Stock (Reality)RSONY

$26.4700

24h: -0.15%
Market cap: $17,122
Volume 24h: $400
Volatility (ann.): 21%

SpaceX (bStocks Tokenized Stock)SPCXB

$127.4900

24h: -5.25%
Market cap: $199.09M
Volume 24h: $64.36M
Volatility (ann.): 73%

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

Performance

RSONYSPCXB

7 days+0.04%-12.85%RSONY
30 days-0.59%-27.86%RSONY
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	RSONY	SPCXB
Max drawdown (400d)	-3.9%	-47.5%
Risk-adjusted return (90d)	-0.03	-0.15

Relative strength over 90 days: SPCXB outperformed RSONY by 12.8% — measured on the RSONY/SPCXB ratio, so it holds regardless of market direction.

Sony Group Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →