cat in a dogs world vs Fartcoin

Fartcoin (FARTCOIN) is 3.6× the size of cat in a dogs world (MEW) by market capitalisation. Over the past 30 days, MEW is ahead by 11.8 percentage points (MEW -4.9% against FARTCOIN -16.8%). Their daily returns move closely together (correlation 0.81 across 47 shared trading days). FARTCOIN has been the more volatile of the two, at 156% annualised against MEW's 99%.

Correlation: 0.81
Size ratio: 1 : 3.6
Ahead over 30 days: MEW

cat in a dogs worldMEW

$0.000381

24h: -0.02%
Market cap: $33.85M
Volume 24h: $3.15M
Volatility (ann.): 99%

FartcoinFARTCOIN

$0.123260

24h: +5.60%
Market cap: $123.25M
Volume 24h: $12.15M
Volatility (ann.): 156%

MEW 21.5%Share of the two combined market caps78.5% FARTCOIN

Performance

MEWFARTCOIN

7 days-11.24%-8.30%FARTCOIN
30 days-4.93%-16.75%MEW

Correlation

0.81over 47 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8690d: 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	MEW	FARTCOIN
Max drawdown (400d)	-24.8%	-46.0%
Risk-adjusted return (90d)	-0.09	-0.11

Relative strength over 90 days: MEW outperformed FARTCOIN by 46.1% — measured on the MEW/FARTCOIN ratio, so it holds regardless of market direction.

cat in a dogs world →Fartcoin →