apeonfone vs Fartcoin

Fartcoin (FARTCOIN) is 71.2× the size of apeonfone (FONE) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 51.6 percentage points (FONE -68.4% against FARTCOIN -16.8%). Their daily returns move barely together (correlation 0.32 across 27 shared trading days). FONE has been the more volatile of the two, at 479% annualised against FARTCOIN's 156%.

Correlation: 0.32
Size ratio: 1 : 71.2
Ahead over 30 days: FARTCOIN

apeonfoneFONE

$0.001826

24h: +5.04%
Market cap: $1.81M
Volume 24h: $1.30M
Volatility (ann.): 479%

FartcoinFARTCOIN

$0.128699

24h: +8.69%
Market cap: $128.79M
Volume 24h: $14.40M
Volatility (ann.): 156%

FONE 1.4%Share of the two combined market caps98.6% FARTCOIN

Performance

FONEFARTCOIN

7 days-0.51%-8.30%FONE
30 days-68.39%-16.75%FARTCOIN

Correlation

0.32over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	FONE	FARTCOIN
Max drawdown (400d)	-89.5%	-46.0%
Risk-adjusted return (90d)	-0.18	-0.11

Relative strength over 90 days: FARTCOIN outperformed FONE by 81.0% — measured on the FONE/FARTCOIN ratio, so it holds regardless of market direction.

apeonfone →Fartcoin →