ARCIA vs SolonPad

SolonPad (SOLON) is 12.9× the size of ARCIA (ARCIA) by market capitalisation. Over the past 30 days, ARCIA is ahead by 81.1 percentage points (ARCIA -1.5% against SOLON -82.6%). Their daily returns move barely together (correlation 0.07 across 31 shared trading days). ARCIA has been the more volatile of the two, at 1028% annualised against SOLON's 457%.

Correlation: 0.07
Size ratio: 1 : 12.9
Ahead over 30 days: ARCIA

ARCIAARCIA

$2.630e-6

24h: —
Market cap: $2,630
Volume 24h: —
Volatility (ann.): 1028%

SolonPadSOLON

$3.651e-5

24h: +0.18%
Market cap: $33,987
Volume 24h: $1,315
Volatility (ann.): 457%

ARCIA 7.2%Share of the two combined market caps92.8% SOLON

Performance

ARCIASOLON

7 days-1.87%-32.58%ARCIA
30 days-1.46%-82.59%ARCIA

Correlation

0.07over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0790d: 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	ARCIA	SOLON
Max drawdown (400d)	-89.5%	-83.2%
Risk-adjusted return (90d)	0.00	-0.15

Relative strength over 90 days: ARCIA outperformed SOLON by 137.0% — measured on the ARCIA/SOLON ratio, so it holds regardless of market direction.

ARCIA →SolonPad →