Arqen vs AntFun

AntFun (ANTFUN) is 103.1× the size of Arqen (ARQ) by market capitalisation. Over the past 30 days, ARQ is ahead by 40.1 percentage points (ARQ -35.6% against ANTFUN -75.6%). Their daily returns move closely together (correlation 0.69 across 24 shared trading days). ANTFUN has been the more volatile of the two, at 264% annualised against ARQ's 214%.

Correlation: 0.69
Size ratio: 1 : 103.1
Ahead over 30 days: ARQ

ArqenARQ

$0.004298

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

AntFunANTFUN

$0.019255

24h: -1.83%
Market cap: $36.35M
Volume 24h: $1.89M
Volatility (ann.): 264%

ARQ 1.0%Share of the two combined market caps99.0% ANTFUN

Performance

ARQANTFUN

7 days+2.87%+8.70%ANTFUN
30 days-35.56%-75.62%ARQ

Correlation

0.69over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	ANTFUN
Max drawdown (400d)	-55.2%	-90.6%
Risk-adjusted return (90d)	-0.21	-0.20

Relative strength over 90 days: ARQ outperformed ANTFUN by 69.1% — measured on the ARQ/ANTFUN ratio, so it holds regardless of market direction.

Arqen →AntFun →