Baby vs Fartcoin

Fartcoin (FARTCOIN) is 4033.2× the size of Baby (BABY) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 12.9 percentage points (BABY -24.8% against FARTCOIN -11.9%). Their daily returns move barely in opposite directions (correlation -0.03 across 22 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against BABY's 43%.

Correlation: -0.03
Size ratio: 1 : 4033.2
Ahead over 30 days: FARTCOIN

BabyBABY

$2.878e-8

24h: +0.34%
Market cap: $28,242
Volume 24h: $10
Volatility (ann.): 43%

FartcoinFARTCOIN

$0.113916

24h: -8.70%
Market cap: $113.91M
Volume 24h: $15.21M
Volatility (ann.): 155%

BABY 0.0%Share of the two combined market caps100.0% FARTCOIN

Performance

BABYFARTCOIN

7 days-7.98%-6.26%FARTCOIN
30 days-24.77%-11.87%FARTCOIN

Correlation

-0.03over 22 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	BABY	FARTCOIN
Max drawdown (400d)	-25.0%	-46.0%
Risk-adjusted return (90d)	-0.57	-0.08

Relative strength over 90 days: BABY outperformed FARTCOIN by 10.5% — measured on the BABY/FARTCOIN ratio, so it holds regardless of market direction.

Baby →Fartcoin →