Big Ass Rewards Sendor vs Fartcoin

Fartcoin (FARTCOIN) is 1288.8× the size of Big Ass Rewards Sendor (BARS) by market capitalisation. Over the past 30 days, BARS is ahead by 0.2 percentage points (BARS -11.7% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.23 across 23 shared trading days). BARS has been the more volatile of the two, at 259% annualised against FARTCOIN's 155%.

Correlation: 0.23
Size ratio: 1 : 1288.8
Ahead over 30 days: BARS

Big Ass Rewards SendorBARS

$0.000121

24h: +3.67%
Market cap: $94,058
Volume 24h: $531
Volatility (ann.): 259%

FartcoinFARTCOIN

$0.121232

24h: +0.75%
Market cap: $121.22M
Volume 24h: $14.92M
Volatility (ann.): 155%

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

Performance

BARSFARTCOIN

7 days+7.75%-6.26%BARS
30 days-11.70%-11.87%BARS

Correlation

0.23over 23 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	BARS	FARTCOIN
Max drawdown (400d)	-39.1%	-46.0%
Risk-adjusted return (90d)	-0.04	-0.08

Relative strength over 90 days: BARS outperformed FARTCOIN by 58.0% — measured on the BARS/FARTCOIN ratio, so it holds regardless of market direction.

Big Ass Rewards Sendor →Fartcoin →