BWED vs Fartcoin

Fartcoin (FARTCOIN) is 14490.0× the size of BWED (BWED) by market capitalisation. Over the past 30 days, BWED is ahead by 26.7 percentage points (BWED +14.8% against FARTCOIN -11.9%). Their daily returns move barely in opposite directions (correlation -0.15 across 22 shared trading days). BWED has been the more volatile of the two, at 506% annualised against FARTCOIN's 155%.

Correlation: -0.15
Size ratio: 1 : 14490.0
Ahead over 30 days: BWED

BWEDBWED

$8.530e-6

24h: +3.30%
Market cap: $8,532
Volume 24h: $24
Volatility (ann.): 506%

FartcoinFARTCOIN

$0.123643

24h: +0.19%
Market cap: $123.63M
Volume 24h: $14.94M
Volatility (ann.): 155%

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

Performance

BWEDFARTCOIN

7 days-19.74%-6.26%FARTCOIN
30 days+14.83%-11.87%BWED

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	BWED	FARTCOIN
Max drawdown (400d)	-38.2%	-46.0%
Risk-adjusted return (90d)	0.03	-0.08

Relative strength over 90 days: BWED outperformed FARTCOIN by 75.5% — measured on the BWED/FARTCOIN ratio, so it holds regardless of market direction.

BWED →Fartcoin →