Arrowfarm vs torch

torch (TORCH) is 679.6× the size of Arrowfarm (ARROWFARM) by market capitalisation. Over the past 30 days, TORCH is ahead by 83.9 percentage points (ARROWFARM -70.5% against TORCH +13.4%). Their daily returns move barely in opposite directions (correlation -0.05 across 32 shared trading days). TORCH has been the more volatile of the two, at 1536614% annualised against ARROWFARM's 666%.

Correlation: -0.05
Size ratio: 1 : 679.6
Ahead over 30 days: TORCH

ArrowfarmARROWFARM

$9.3100

24h: -16.05%
Market cap: $6,325
Volume 24h: $3,800
Volatility (ann.): 666%

torchTORCH

$0.004299

24h: -18.98%
Market cap: $4.30M
Volume 24h: $356,785
Volatility (ann.): 1536614%

ARROWFARM 0.1%Share of the two combined market caps99.9% TORCH

Performance

ARROWFARMTORCH

7 days-41.79%-57.04%ARROWFARM
30 days-70.51%+13.35%TORCH

Correlation

-0.05over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0690d: 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	ARROWFARM	TORCH
Max drawdown (400d)	-98.8%	-100.0%
Risk-adjusted return (90d)	-0.14	0.00

Relative strength over 90 days: TORCH outperformed ARROWFARM by 87.8% — measured on the ARROWFARM/TORCH ratio, so it holds regardless of market direction.

Arrowfarm →torch →