Chinese Oil Asset Reserve vs Fartcoin

Fartcoin (FARTCOIN) is 12825.1× the size of Chinese Oil Asset Reserve (COAR) by market capitalisation. Over the past 30 days, COAR is ahead by 1.8 percentage points (COAR -10.1% against FARTCOIN -11.9%). Their daily returns move loosely in opposite directions (correlation -0.37 across 20 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against COAR's 18%.

Correlation: -0.37
Size ratio: 1 : 12825.1
Ahead over 30 days: COAR

Chinese Oil Asset ReserveCOAR

$8.930e-6

24h: +0.01%
Market cap: $8,930
Volume 24h: $1
Volatility (ann.): 18%

FartcoinFARTCOIN

$0.114543

24h: -8.64%
Market cap: $114.53M
Volume 24h: $14.01M
Volatility (ann.): 155%

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

Performance

COARFARTCOIN

7 days-1.76%-6.26%COAR
30 days-10.12%-11.87%COAR

Correlation

-0.37over 20 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	COAR	FARTCOIN
Max drawdown (400d)	-10.2%	-46.0%
Risk-adjusted return (90d)	-0.55	-0.08

Relative strength over 90 days: COAR outperformed FARTCOIN by 26.1% — measured on the COAR/FARTCOIN ratio, so it holds regardless of market direction.

Chinese Oil Asset Reserve →Fartcoin →