Arena vs Infinity Gaming

Infinity Gaming ($INF8) is 101.1× the size of Arena (ARENA) by market capitalisation. Over the past 30 days, $INF8 is ahead by 129.5 percentage points (ARENA -100.0% against $INF8 +29.6%). Their daily returns move loosely together (correlation 0.37 across 34 shared trading days). ARENA has been the more volatile of the two, at 839794% annualised against $INF8's 114%.

Correlation: 0.37
Size ratio: 1 : 101.1
Ahead over 30 days: $INF8

ArenaARENA

$0.004418

24h: -5.96%
Market cap: $441,768
Volume 24h: $2,999
Volatility (ann.): 839794%

Infinity Gaming$INF8

$0.223387

24h: -5.80%
Market cap: $44.68M
Volume 24h: $206,610
Volatility (ann.): 114%

ARENA 1.0%Share of the two combined market caps99.0% $INF8

Performance

ARENA$INF8

7 days-99.96%-2.03%$INF8
30 days-99.95%+29.57%$INF8

Correlation

0.37over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	ARENA	$INF8
Max drawdown (400d)	-100.0%	-19.8%
Risk-adjusted return (90d)	0.00	0.32

Relative strength over 90 days: $INF8 outperformed ARENA by 100.0% — measured on the ARENA/$INF8 ratio, so it holds regardless of market direction.

Arena →Infinity Gaming →