Alpaca vs Fartcoin

Fartcoin (FARTCOIN) is 1599.0× the size of Alpaca (ALPACA) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 16.4 percentage points (ALPACA -28.3% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.05 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against ALPACA's 64%.

Correlation: 0.05
Size ratio: 1 : 1599.0
Ahead over 30 days: FARTCOIN

AlpacaALPACA

$7.293e-5

24h: —
Market cap: $70,092
Volume 24h: $313
Volatility (ann.): 64%

FartcoinFARTCOIN

$0.112089

24h: -13.15%
Market cap: $112.08M
Volume 24h: $13.37M
Volatility (ann.): 155%

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

Performance

ALPACAFARTCOIN

7 days-10.12%-6.26%FARTCOIN
30 days-28.28%-11.87%FARTCOIN

Correlation

0.05over 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	ALPACA	FARTCOIN
Max drawdown (400d)	-36.2%	-46.0%
Risk-adjusted return (90d)	-0.55	-0.08

Relative strength over 90 days: ALPACA outperformed FARTCOIN by 10.4% — measured on the ALPACA/FARTCOIN ratio, so it holds regardless of market direction.

Alpaca →Fartcoin →