Arqen vs Altcoinist Token

Altcoinist Token (ALTT) is 5.9× the size of Arqen (ARQ) by market capitalisation. Over the past 30 days, ARQ is ahead by 8.2 percentage points (ARQ -35.6% against ALTT -43.7%). Their daily returns move closely together (correlation 0.67 across 37 shared trading days). ARQ has been the more volatile of the two, at 214% annualised against ALTT's 186%.

Correlation: 0.67
Size ratio: 1 : 5.9
Ahead over 30 days: ARQ

ArqenARQ

$0.004298

24h: +6.48%
Market cap: $352,445
Volume 24h: $2,258
Volatility (ann.): 214%

Altcoinist TokenALTT

$0.008448

24h: +13.35%
Market cap: $2.07M
Volume 24h: $21,036
Volatility (ann.): 186%

ARQ 14.6%Share of the two combined market caps85.4% ALTT

Performance

ARQALTT

7 days+2.87%+1.83%ARQ
30 days-35.56%-43.72%ARQ

Correlation

0.67over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6490d: 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	ARQ	ALTT
Max drawdown (400d)	-55.2%	-65.8%
Risk-adjusted return (90d)	-0.21	-0.31

Relative strength over 90 days: ARQ outperformed ALTT by 9.1% — measured on the ARQ/ALTT ratio, so it holds regardless of market direction.

Arqen →Altcoinist Token →