Arqen vs Tradoor

Tradoor (TRADOOR) is 24.1× the size of Arqen (ARQ) by market capitalisation. Over the past 30 days, TRADOOR is ahead by 26.9 percentage points (ARQ -35.6% against TRADOOR -8.6%). Their daily returns move barely together (correlation 0.01 across 36 shared trading days). ARQ has been the more volatile of the two, at 214% annualised against TRADOOR's 81%.

Correlation: 0.01
Size ratio: 1 : 24.1
Ahead over 30 days: TRADOOR

ArqenARQ

$0.004298

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

TradoorTRADOOR

$0.591464

24h: +2.55%
Market cap: $8.49M
Volume 24h: $1.40M
Volatility (ann.): 81%

ARQ 4.0%Share of the two combined market caps96.0% TRADOOR

Performance

ARQTRADOOR

7 days+2.87%-9.28%ARQ
30 days-35.56%-8.63%TRADOOR

Correlation

0.01over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	TRADOOR
Max drawdown (400d)	-55.2%	-23.6%
Risk-adjusted return (90d)	-0.21	-0.04

Relative strength over 90 days: TRADOOR outperformed ARQ by 48.2% — measured on the ARQ/TRADOOR ratio, so it holds regardless of market direction.

Arqen →Tradoor →