Cheeseball vs Fartcoin

Fartcoin (FARTCOIN) is 3558.7× the size of Cheeseball (CB) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 15.4 percentage points (CB -27.2% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.34 across 23 shared trading days). Both have run at a similar volatility, around 155% annualised.

Correlation: 0.34
Size ratio: 1 : 3558.7
Ahead over 30 days: FARTCOIN

CheeseballCB

$3.294e-5

24h: +3.96%
Market cap: $32,919
Volume 24h: $83
Volatility (ann.): 155%

FartcoinFARTCOIN

$0.117188

24h: -6.35%
Market cap: $117.15M
Volume 24h: $14.93M
Volatility (ann.): 155%

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

Performance

CBFARTCOIN

7 days-16.46%-6.26%FARTCOIN
30 days-27.25%-11.87%FARTCOIN

Correlation

0.34over 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	CB	FARTCOIN
Max drawdown (400d)	-41.1%	-46.0%
Risk-adjusted return (90d)	-0.19	-0.08

Relative strength over 90 days: FARTCOIN outperformed CB by 22.4% — measured on the CB/FARTCOIN ratio, so it holds regardless of market direction.

Cheeseball →Fartcoin →