BUY THE HAT vs Fartcoin

Fartcoin (FARTCOIN) is 1671.6× the size of BUY THE HAT (BTH) by market capitalisation. Over the past 30 days, BTH is ahead by 4.6 percentage points (BTH -7.2% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.12 across 23 shared trading days). Both have run at a similar volatility, around 152% annualised.

Correlation: 0.12
Size ratio: 1 : 1671.6
Ahead over 30 days: BTH

BUY THE HATBTH

$6.850e-5

24h: +6.55%
Market cap: $67,050
Volume 24h: $296
Volatility (ann.): 148%

FartcoinFARTCOIN

$0.112089

24h: -13.15%
Market cap: $112.08M
Volume 24h: $13.37M
Volatility (ann.): 155%

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

Performance

BTHFARTCOIN

7 days-8.57%-6.26%FARTCOIN
30 days-7.24%-11.87%BTH

Correlation

0.12over 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	BTH	FARTCOIN
Max drawdown (400d)	-33.8%	-46.0%
Risk-adjusted return (90d)	-0.15	-0.08

Relative strength over 90 days: BTH outperformed FARTCOIN by 38.8% — measured on the BTH/FARTCOIN ratio, so it holds regardless of market direction.

BUY THE HAT →Fartcoin →