Archemist vs SolonPad

Archemist (ARCH) and SolonPad (SOLON) compared side by side. Over the past 30 days, ARCH is ahead by 8.1 percentage points (ARCH -65.2% against SOLON -73.3%). Their daily returns move barely together (correlation 0.14 across 28 shared trading days). SOLON has been the more volatile of the two, at 454% annualised against ARCH's 94%.

Correlation: 0.14
Ahead over 30 days: ARCH

ArchemistARCH

$1.380e-5

24h: -0.45%
Market cap: —
Volume 24h: $19
Volatility (ann.): 94%

SolonPadSOLON

$3.651e-5

24h: +0.18%
Market cap: $33,987
Volume 24h: $1,315
Volatility (ann.): 454%

ARCH 0.0%Share of the two combined market caps100.0% SOLON

Performance

ARCHSOLON

7 days-23.02%-16.48%SOLON
30 days-65.22%-73.32%ARCH

Correlation

0.14over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1490d: 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	ARCH	SOLON
Max drawdown (400d)	-65.2%	-77.8%
Risk-adjusted return (90d)	-0.69	-0.13

Relative strength over 90 days: SOLON outperformed ARCH by 16.3% — measured on the ARCH/SOLON ratio, so it holds regardless of market direction.

Archemist →SolonPad →