Albemarle City vs Fartcoin

Fartcoin (FARTCOIN) is 822.5× the size of Albemarle City (ALBEMARLE) by market capitalisation. Over the past 30 days, ALBEMARLE is ahead by 54.3 percentage points (ALBEMARLE +42.4% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.22 across 23 shared trading days). ALBEMARLE has been the more volatile of the two, at 283% annualised against FARTCOIN's 155%.

Correlation: 0.22
Size ratio: 1 : 822.5
Ahead over 30 days: ALBEMARLE

Albemarle CityALBEMARLE

$0.000148

24h: +9.80%
Market cap: $147,759
Volume 24h: $1,069
Volatility (ann.): 283%

FartcoinFARTCOIN

$0.121535

24h: +0.81%
Market cap: $121.52M
Volume 24h: $14.78M
Volatility (ann.): 155%

ALBEMARLE 0.1%Share of the two combined market caps99.9% FARTCOIN

Performance

ALBEMARLEFARTCOIN

7 days-3.14%-6.26%ALBEMARLE
30 days+42.44%-11.87%ALBEMARLE

Correlation

0.22over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	ALBEMARLE	FARTCOIN
Max drawdown (400d)	-49.7%	-46.0%
Risk-adjusted return (90d)	0.10	-0.08

Relative strength over 90 days: FARTCOIN outperformed ALBEMARLE by 19.3% — measured on the ALBEMARLE/FARTCOIN ratio, so it holds regardless of market direction.

Albemarle City →Fartcoin →