PolySwarm vs Arcium

Arcium (ARX) is 3.3× the size of PolySwarm (NCT) by market capitalisation. Over the past 30 days, ARX is ahead by 85.6 percentage points (NCT -32.1% against ARX +53.5%). Their daily returns move barely together (correlation 0.29 across 38 shared trading days). ARX has been the more volatile of the two, at 118% annualised against NCT's 75%.

Correlation: 0.29
Size ratio: 1 : 3.3
Ahead over 30 days: ARX

PolySwarmNCT

$0.007760

24h: -1.62%
Market cap: $14.63M
Volume 24h: $234,899
Volatility (ann.): 75%

ArciumARX

$0.228740

24h: +5.93%
Market cap: $47.77M
Volume 24h: $23.87M
Volatility (ann.): 118%

NCT 23.4%Share of the two combined market caps76.6% ARX

Performance

NCTARX

7 days-13.81%-2.76%ARX
30 days-32.08%+53.52%ARX

Correlation

0.29over 38 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4190d: 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	NCT	ARX
Max drawdown (400d)	-45.0%	-19.7%
Risk-adjusted return (90d)	-0.51	0.71

Relative strength over 90 days: ARX outperformed NCT by 65.6% — measured on the NCT/ARX ratio, so it holds regardless of market direction.

PolySwarm →Arcium →