BaoBaoSol vs Fartcoin

Fartcoin (FARTCOIN) is 1810.8× the size of BaoBaoSol (BAOS) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 8.8 percentage points (BAOS -20.6% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.30 across 21 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against BAOS's 100%.

Correlation: 0.30
Size ratio: 1 : 1810.8
Ahead over 30 days: FARTCOIN

BaoBaoSolBAOS

$6.196e-5

24h: +3.07%
Market cap: $61,896
Volume 24h: $10
Volatility (ann.): 100%

FartcoinFARTCOIN

$0.112089

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

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

Performance

BAOSFARTCOIN

7 days-18.12%-6.26%FARTCOIN
30 days-20.63%-11.87%FARTCOIN

Correlation

0.30over 21 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	BAOS	FARTCOIN
Max drawdown (400d)	-24.8%	-46.0%
Risk-adjusted return (90d)	-0.21	-0.08

Relative strength over 90 days: BAOS outperformed FARTCOIN by 12.1% — measured on the BAOS/FARTCOIN ratio, so it holds regardless of market direction.

BaoBaoSol →Fartcoin →