Baton vs Fartcoin

Fartcoin (FARTCOIN) is 29959.3× the size of Baton (BATON) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 23.3 percentage points (BATON -45.4% against FARTCOIN -22.1%). Their daily returns move barely together (correlation 0.13 across 24 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against BATON's 94%.

Correlation: 0.13
Size ratio: 1 : 29959.3
Ahead over 30 days: FARTCOIN

BatonBATON

$3.950e-6

24h: -6.43%
Market cap: $3,948
Volume 24h: $21
Volatility (ann.): 94%

FartcoinFARTCOIN

$0.118283

24h: +2.50%
Market cap: $118.28M
Volume 24h: $11.60M
Volatility (ann.): 155%

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

Performance

BATONFARTCOIN

7 days-17.95%-4.91%FARTCOIN
30 days-45.40%-22.08%FARTCOIN

Correlation

0.13over 24 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	BATON	FARTCOIN
Max drawdown (400d)	-51.9%	-47.4%
Risk-adjusted return (90d)	-0.49	-0.13

Relative strength over 90 days: FARTCOIN outperformed BATON by 2.7% — measured on the BATON/FARTCOIN ratio, so it holds regardless of market direction.

Baton →Fartcoin →