ARCAT (ARCAT) and UBI (UBI) compared side by side. Over the past 30 days, ARCAT is ahead by 16.6 percentage points (ARCAT -48.5% against UBI -65.1%). Their daily returns move loosely together (correlation 0.56 across 25 shared trading days). ARCAT has been the more volatile of the two, at 21925% annualised against UBI's 324%.
ARCATUBI
0.56over 25 shared trading days
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.
| Metric | ARCAT | UBI |
|---|---|---|
| Max drawdown (400d) | -98.1% | -81.0% |
| Risk-adjusted return (90d) | 0.00 | -0.23 |
Relative strength over 90 days: ARCAT outperformed UBI by 68.5% — measured on the ARCAT/UBI ratio, so it holds regardless of market direction.