Solarcoin vs Araracoin

Araracoin (ARARA) is 22.6× the size of Solarcoin (SLR) by market capitalisation. Over the past 30 days, ARARA is ahead by 46.2 percentage points (SLR -45.6% against ARARA +0.6%). Their daily returns move barely in opposite directions (correlation -0.21 across 31 shared trading days). ARARA has been the more volatile of the two, at 804% annualised against SLR's 84%.

Correlation: -0.21
Size ratio: 1 : 22.6
Ahead over 30 days: ARARA

SolarcoinSLR

$4.012e-5

24h: +0.41%
Market cap: $716,314
Volume 24h: $215
Volatility (ann.): 84%

AraracoinARARA

$0.000447

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

SLR 4.2%Share of the two combined market caps95.8% ARARA

Performance

SLRARARA

7 days+0.40%+0.52%ARARA
30 days-45.57%+0.59%ARARA

Correlation

-0.21over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2190d: 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	SLR	ARARA
Max drawdown (400d)	-48.0%	-69.0%
Risk-adjusted return (90d)	-0.50	0.00

Relative strength over 90 days: ARARA outperformed SLR by 42.0% — measured on the SLR/ARARA ratio, so it holds regardless of market direction.

Solarcoin →Araracoin →