Bobina vs Fartcoin

Fartcoin (FARTCOIN) is 2770.8× the size of Bobina (BOBINA) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 25.9 percentage points (BOBINA -48.0% against FARTCOIN -22.1%). Their daily returns move barely in opposite directions (correlation -0.05 across 24 shared trading days). BOBINA has been the more volatile of the two, at 347% annualised against FARTCOIN's 155%.

Correlation: -0.05
Size ratio: 1 : 2770.8
Ahead over 30 days: FARTCOIN

BobinaBOBINA

$0.004252

24h: -9.10%
Market cap: $42,526
Volume 24h: $404
Volatility (ann.): 347%

FartcoinFARTCOIN

$0.117895

24h: -6.65%
Market cap: $117.83M
Volume 24h: $16.08M
Volatility (ann.): 155%

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

Performance

BOBINAFARTCOIN

7 days+9.43%-4.91%BOBINA
30 days-48.02%-22.08%FARTCOIN

Correlation

-0.05over 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	BOBINA	FARTCOIN
Max drawdown (400d)	-59.1%	-47.4%
Risk-adjusted return (90d)	0.04	-0.13

Relative strength over 90 days: FARTCOIN outperformed BOBINA by 13.6% — measured on the BOBINA/FARTCOIN ratio, so it holds regardless of market direction.

Bobina →Fartcoin →