America Party vs Fartcoin

Fartcoin (FARTCOIN) is 1136.8× the size of America Party (AP) by market capitalisation. Over the past 30 days, AP is ahead by 19.5 percentage points (AP +7.6% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.43 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against AP's 115%.

Correlation: 0.43
Size ratio: 1 : 1136.8
Ahead over 30 days: AP

America PartyAP

$0.000101

24h: +13.45%
Market cap: $101,004
Volume 24h: $7,683
Volatility (ann.): 115%

FartcoinFARTCOIN

$0.114829

24h: -11.41%
Market cap: $114.82M
Volume 24h: $12.90M
Volatility (ann.): 155%

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

Performance

APFARTCOIN

7 days+13.49%-6.26%AP
30 days+7.60%-11.87%AP

Correlation

0.43over 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	AP	FARTCOIN
Max drawdown (400d)	-21.1%	-46.0%
Risk-adjusted return (90d)	0.06	-0.08

Relative strength over 90 days: AP outperformed FARTCOIN by 51.6% — measured on the AP/FARTCOIN ratio, so it holds regardless of market direction.

America Party →Fartcoin →