ArcStocks vs Bitcoin
ArcStocks (ARCS) and Bitcoin (BTC) compared side by side. Over the past 1 year, BTC is ahead by 33.7 percentage points (ARCS -56.7% against BTC -23.0%). Their daily returns move barely together (correlation 0.04 across 320 shared trading days). ARCS has been the more volatile of the two, at 108% annualised against BTC's 44%.
Performance
| Period | ARCS | BTC | Ahead |
|---|---|---|---|
| 7 days | +5.25% | +4.06% | ARCS |
| 30 days | +6.16% | +8.51% | BTC |
| 90 days | -28.60% | +40.18% | BTC |
| 1 year | -56.68% | -22.95% | BTC |
Risk & extremes
| Metric | ARCS | BTC |
|---|---|---|
| Max drawdown (400d) | -62.7% | -53.0% |
| Risk-adjusted return (90d) | -0.54 | 1.02 |
| Best 30 days (past year) | — | +26.8% |
| Worst 30 days (past year) | — | -32.9% |
Relative strength over 90 days: BTC outperformed ARCS by 48.5% — measured on the ARCS/BTC ratio, so it holds regardless of market direction.
Correlation
0.04over 320 shared trading days
7d: insufficient data30d: -0.0690d: -0.101y: 0.04
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.