ACAT vs Arclight Finance

Arclight Finance (ARCLIGHT) is 4.5× the size of ACAT (ACAT) by market capitalisation. Over the past 30 days, ACAT is ahead by 31.2 percentage points (ACAT -64.3% against ARCLIGHT -95.5%). Their daily returns move barely in opposite directions (correlation -0.02 across 42 shared trading days). ARCLIGHT has been the more volatile of the two, at 125275% annualised against ACAT's 431%.

Correlation: -0.02
Size ratio: 1 : 4.5
Ahead over 30 days: ACAT

ACATACAT

$8.460e-6

24h: +2.21%
Market cap: $8,459
Volume 24h: $167
Volatility (ann.): 431%

Arclight FinanceARCLIGHT

$3.795e-5

24h: -68.50%
Market cap: $37,952
Volume 24h: $10,942
Volatility (ann.): 125275%

ACAT 18.2%Share of the two combined market caps81.8% ARCLIGHT

Performance

ACATARCLIGHT

7 days-17.22%-84.29%ACAT
30 days-64.25%-95.49%ACAT

Correlation

-0.02over 42 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0290d: 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	ACAT	ARCLIGHT
Max drawdown (400d)	-77.7%	-99.8%
Risk-adjusted return (90d)	-0.17	0.00

Relative strength over 90 days: ACAT outperformed ARCLIGHT by 394.9% — measured on the ACAT/ARCLIGHT ratio, so it holds regardless of market direction.

ACAT →Arclight Finance →