Beercoin vs Fartcoin

Fartcoin (FARTCOIN) is 195.9× the size of Beercoin (BEER) by market capitalisation. Over the past 30 days, BEER is ahead by 5.1 percentage points (BEER -11.6% against FARTCOIN -16.8%). Their daily returns move very closely together (correlation 0.92 across 29 shared trading days). FARTCOIN has been the more volatile of the two, at 156% annualised against BEER's 80%.

Correlation: 0.92
Size ratio: 1 : 195.9
Ahead over 30 days: BEER

BeercoinBEER

$6.907e-7

24h: +0.10%
Market cap: $613,981
Volume 24h: $7
Volatility (ann.): 80%

FartcoinFARTCOIN

$0.120362

24h: +1.36%
Market cap: $120.29M
Volume 24h: $11.83M
Volatility (ann.): 156%

BEER 0.5%Share of the two combined market caps99.5% FARTCOIN

Performance

BEERFARTCOIN

7 days-8.16%-8.30%BEER
30 days-11.63%-16.75%BEER

Correlation

0.92over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.9290d: 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	BEER	FARTCOIN
Max drawdown (400d)	-26.4%	-46.0%
Risk-adjusted return (90d)	-0.18	-0.11

Relative strength over 90 days: BEER outperformed FARTCOIN by 25.8% — measured on the BEER/FARTCOIN ratio, so it holds regardless of market direction.

Beercoin →Fartcoin →