ARCH (ARCH) and Arc Inu (AI) compared side by side. Their daily returns move barely in opposite directions (correlation -0.03 across 24 shared trading days). ARCH has been the more volatile of the two, at 2381% annualised against AI's 323%.
ARCHAI
-0.03over 24 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 | ARCH | AI |
|---|---|---|
| Max drawdown (400d) | -91.6% | -71.2% |
| Risk-adjusted return (90d) | -0.01 | -0.22 |
Relative strength over 90 days: ARCH outperformed AI by 73.5% — measured on the ARCH/AI ratio, so it holds regardless of market direction.