SavePlanetEarth vs Araracoin

Araracoin (ARARA) is 15.5× the size of SavePlanetEarth (SPE) by market capitalisation. Over the past 30 days, ARARA is ahead by 19.2 percentage points (SPE -18.7% against ARARA +0.6%). Their daily returns move barely together (correlation 0.09 across 29 shared trading days). ARARA has been the more volatile of the two, at 804% annualised against SPE's 74%.

Correlation: 0.09
Size ratio: 1 : 15.5
Ahead over 30 days: ARARA

SavePlanetEarthSPE

$0.001775

24h: +0.32%
Market cap: $1.05M
Volume 24h: $4,971
Volatility (ann.): 74%

AraracoinARARA

$0.000447

24h: +0.20%
Market cap: $16.20M
Volume 24h: $18,216
Volatility (ann.): 804%

SPE 6.1%Share of the two combined market caps93.9% ARARA

Performance

SPEARARA

7 days-19.20%+0.52%ARARA
30 days-18.66%+0.59%ARARA

Correlation

0.09over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0990d: 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	SPE	ARARA
Max drawdown (400d)	-24.1%	-69.0%
Risk-adjusted return (90d)	-0.26	0.00

Relative strength over 90 days: ARARA outperformed SPE by 1.8% — measured on the SPE/ARARA ratio, so it holds regardless of market direction.

SavePlanetEarth →Araracoin →