Arena Of Faith (ACP) and FLOKI (FLOKI) compared side by side. Over the past 1 year, ACP is ahead by 359.9 percentage points (ACP +297.1% against FLOKI -62.8%). Their daily returns move barely in opposite directions (correlation -0.02 across 365 shared trading days). ACP has been the more volatile of the two, at 1147% annualised against FLOKI's 89%.
ACPFLOKI
-0.02over 365 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 | ACP | FLOKI |
|---|---|---|
| Max drawdown (400d) | -97.9% | -80.7% |
| Risk-adjusted return (90d) | -0.38 | 0.10 |
| Best 30 days (past year) | — | +35.0% |
| Worst 30 days (past year) | — | -50.0% |
Relative strength over 90 days: FLOKI outperformed ACP by 87.4% — measured on the ACP/FLOKI ratio, so it holds regardless of market direction.