Capricorn vs Fartcoin

Fartcoin (FARTCOIN) is 2102.1× the size of Capricorn (CAPRICORN) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 15.1 percentage points (CAPRICORN -27.0% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.12 across 22 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against CAPRICORN's 65%.

Correlation: 0.12
Size ratio: 1 : 2102.1
Ahead over 30 days: FARTCOIN

CapricornCAPRICORN

$5.617e-5

24h: +3.17%
Market cap: $56,173
Volume 24h: $5
Volatility (ann.): 65%

FartcoinFARTCOIN

$0.118091

24h: -3.66%
Market cap: $118.08M
Volume 24h: $14.20M
Volatility (ann.): 155%

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

Performance

CAPRICORNFARTCOIN

7 days-12.97%-6.26%FARTCOIN
30 days-26.99%-11.87%FARTCOIN

Correlation

0.12over 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	CAPRICORN	FARTCOIN
Max drawdown (400d)	-30.3%	-46.0%
Risk-adjusted return (90d)	-0.39	-0.08

Relative strength over 90 days: CAPRICORN outperformed FARTCOIN by 12.6% — measured on the CAPRICORN/FARTCOIN ratio, so it holds regardless of market direction.

Capricorn →Fartcoin →