eve (EVE) and Arc Inu (AI) compared side by side. Over the past 30 days, AI is ahead by 28.8 percentage points (EVE -96.2% against AI -67.4%). Their daily returns move barely in opposite directions (correlation -0.12 across 39 shared trading days). EVE has been the more volatile of the two, at 1692% annualised against AI's 323%.
EVEAI
-0.12over 39 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 | EVE | AI |
|---|---|---|
| Max drawdown (400d) | -98.3% | -71.2% |
| Risk-adjusted return (90d) | -0.05 | -0.22 |
Relative strength over 90 days: AI outperformed EVE by 35.5% — measured on the EVE/AI ratio, so it holds regardless of market direction.