Create
Any relationship between two stocks can become an asset.
Compose a stock with an AntiStock. NVDA + antiAMD becomes NVDA / AMD — a bounded relative-value token.
Stock A
Stock B
Duration
Sensitivity
Preview
NVDA / AMD
Long NVIDIA relative to AMD
- Starting NAV
- 0.500
- Duration
- 30 days
- Sensitivity
- 2x
- Opposite
- AMD / NVDA
This pair already trades. Creating again opens the live market.
Payoff
NAV vs relative performance
Neutral relative performance maps to 0.50 NAV. Higher sensitivity steepens the curve around inception.