Bitcoin (BTC) is 40156009.0× the size of Archi Token (ARCHI) by market capitalisation. Their daily returns move very closely together (correlation 0.89 across 77 shared trading days). ARCHI has been the more volatile of the two, at 169% annualised against BTC's 44%.
ARCHIBTC
0.89over 77 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 | ARCHI | BTC |
|---|---|---|
| Max drawdown (400d) | -68.1% | -53.0% |
| Risk-adjusted return (90d) | -0.30 | 0.42 |
| Best 30 days (past year) | — | +26.8% |
| Worst 30 days (past year) | — | -32.9% |
Relative strength over 90 days: BTC outperformed ARCHI by 22.4% — measured on the ARCHI/BTC ratio, so it holds regardless of market direction.