Peach (PEACH) and Arclight Finance (ARCLIGHT) compared side by side. Over the past 30 days, ARCLIGHT is ahead by 4.1 percentage points (PEACH -99.6% against ARCLIGHT -95.5%). Their daily returns move barely together (correlation 0.05 across 28 shared trading days). ARCLIGHT has been the more volatile of the two, at 125275% annualised against PEACH's 372%.
$3.795e-5
PEACHARCLIGHT
0.05over 28 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 | PEACH | ARCLIGHT |
|---|---|---|
| Max drawdown (400d) | -99.6% | -99.8% |
| Risk-adjusted return (90d) | -0.27 | 0.00 |
Relative strength over 90 days: ARCLIGHT outperformed PEACH by 98.1% — measured on the PEACH/ARCLIGHT ratio, so it holds regardless of market direction.