Cope vs Fartcoin

Fartcoin (FARTCOIN) is 1611.8× the size of Cope (COPE) by market capitalisation. Over the past 30 days, COPE is ahead by 7.7 percentage points (COPE -4.2% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.20 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against COPE's 81%.

Correlation: 0.20
Size ratio: 1 : 1611.8
Ahead over 30 days: COPE

CopeCOPE

$8.073e-5

24h: +1.12%
Market cap: $71,733
Volume 24h: $517
Volatility (ann.): 81%

FartcoinFARTCOIN

$0.115450

24h: -8.74%
Market cap: $115.62M
Volume 24h: $13.59M
Volatility (ann.): 155%

COPE 0.1%Share of the two combined market caps99.9% FARTCOIN

Performance

COPEFARTCOIN

7 days+7.27%-6.26%COPE
30 days-4.17%-11.87%COPE

Correlation

0.20over 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	COPE	FARTCOIN
Max drawdown (400d)	-25.5%	-46.0%
Risk-adjusted return (90d)	-0.18	-0.08

Relative strength over 90 days: COPE outperformed FARTCOIN by 36.1% — measured on the COPE/FARTCOIN ratio, so it holds regardless of market direction.

Cope →Fartcoin →