Chonketha the Wet Beaver vs Fartcoin

Fartcoin (FARTCOIN) is 62.1× the size of Chonketha the Wet Beaver (CHONKETHA) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 45.9 percentage points (CHONKETHA -62.6% against FARTCOIN -16.8%). Their daily returns move closely together (correlation 0.64 across 31 shared trading days). CHONKETHA has been the more volatile of the two, at 344% annualised against FARTCOIN's 156%.

Correlation: 0.64
Size ratio: 1 : 62.1
Ahead over 30 days: FARTCOIN

Chonketha the Wet BeaverCHONKETHA

$0.001939

24h: +45.20%
Market cap: $1.94M
Volume 24h: $48,943
Volatility (ann.): 344%

FartcoinFARTCOIN

$0.120457

24h: +1.24%
Market cap: $120.45M
Volume 24h: $11.85M
Volatility (ann.): 156%

CHONKETHA 1.6%Share of the two combined market caps98.4% FARTCOIN

Performance

CHONKETHAFARTCOIN

7 days+32.68%-8.30%CHONKETHA
30 days-62.60%-16.75%FARTCOIN

Correlation

0.64over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6490d: 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	CHONKETHA	FARTCOIN
Max drawdown (400d)	-80.7%	-46.0%
Risk-adjusted return (90d)	-0.20	-0.11

Relative strength over 90 days: FARTCOIN outperformed CHONKETHA by 52.0% — measured on the CHONKETHA/FARTCOIN ratio, so it holds regardless of market direction.

Chonketha the Wet Beaver →Fartcoin →