ArcKit vs Arclight Finance

Arclight Finance (ARCLIGHT) is 3.6× the size of ArcKit (AKIT) by market capitalisation. Over the past 30 days, AKIT is ahead by 10.2 percentage points (AKIT -85.3% against ARCLIGHT -95.5%). Their daily returns move barely in opposite directions (correlation -0.02 across 43 shared trading days). ARCLIGHT has been the more volatile of the two, at 125275% annualised against AKIT's 466%.

Correlation: -0.02
Size ratio: 1 : 3.6
Ahead over 30 days: AKIT

ArcKitAKIT

$1.064e-5

24h: -3.97%
Market cap: $10,640
Volume 24h: $123
Volatility (ann.): 466%

Arclight FinanceARCLIGHT

$3.795e-5

24h: -68.50%
Market cap: $37,952
Volume 24h: $10,942
Volatility (ann.): 125275%

AKIT 21.9%Share of the two combined market caps78.1% ARCLIGHT

Performance

AKITARCLIGHT

7 days-8.82%-84.29%AKIT
30 days-85.26%-95.49%AKIT

Correlation

-0.02over 43 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0190d: 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	AKIT	ARCLIGHT
Max drawdown (400d)	-92.1%	-99.8%
Risk-adjusted return (90d)	-0.20	0.00

Relative strength over 90 days: AKIT outperformed ARCLIGHT by 37.7% — measured on the AKIT/ARCLIGHT ratio, so it holds regardless of market direction.

ArcKit →Arclight Finance →