Super Micro Computer (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 257.0× the size of Super Micro Computer (bStocks Tokenized Stock) (SMCIB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 15.0 percentage points (SMCIB +13.2% against SPCXB +28.2%). Their daily returns move loosely together (correlation 0.47 across 91 shared trading days). SMCIB has been the more volatile of the two, at 82% annualised against SPCXB's 71%.

Correlation: 0.47
Size ratio: 1 : 257.0
Ahead over 90 days: SPCXB

Super Micro Computer (bStocks Tokenized Stock)SMCIB

$31.3700

24h: -0.18%
Market cap: $745,818
Volume 24h: $95,791
Volatility (ann.): 82%

SpaceX (bStocks Tokenized Stock)SPCXB

$130.8800

24h: -4.65%
Market cap: $191.70M
Volume 24h: $48.16M
Volatility (ann.): 71%

SMCIB 0.4%Share of the two combined market caps99.6% SPCXB

Performance

SMCIBSPCXB

7 days-2.59%-5.60%SMCIB
30 days-21.97%-11.42%SPCXB
90 days+13.17%+28.18%SPCXB

Correlation

0.47over 91 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5990d: 0.471y: 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	SMCIB	SPCXB
Max drawdown (400d)	-31.2%	-47.5%
Risk-adjusted return (90d)	0.16	0.45

Relative strength over 90 days: SPCXB outperformed SMCIB by 11.7% — measured on the SMCIB/SPCXB ratio, so it holds regardless of market direction.

Super Micro Computer (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →