Beem Communication vs Fartcoin

Fartcoin (FARTCOIN) is 580.9× the size of Beem Communication (BEEM) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 19.7 percentage points (BEEM -41.8% against FARTCOIN -22.1%). Their daily returns move barely together (correlation 0.15 across 22 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against BEEM's 82%.

Correlation: 0.15
Size ratio: 1 : 580.9
Ahead over 30 days: FARTCOIN

Beem CommunicationBEEM

$0.000204

24h: -5.61%
Market cap: $204,392
Volume 24h: $27
Volatility (ann.): 82%

FartcoinFARTCOIN

$0.118732

24h: -5.23%
Market cap: $118.72M
Volume 24h: $16.69M
Volatility (ann.): 155%

BEEM 0.2%Share of the two combined market caps99.8% FARTCOIN

Performance

BEEMFARTCOIN

7 days-26.25%-4.91%FARTCOIN
30 days-41.81%-22.08%FARTCOIN

Correlation

0.15over 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	BEEM	FARTCOIN
Max drawdown (400d)	-42.2%	-47.4%
Risk-adjusted return (90d)	-0.47	-0.13

Relative strength over 90 days: FARTCOIN outperformed BEEM by 2.2% — measured on the BEEM/FARTCOIN ratio, so it holds regardless of market direction.

Beem Communication →Fartcoin →