Deep Worm vs Fartcoin

Fartcoin (FARTCOIN) is 2520.0× the size of Deep Worm (WORM) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 12.9 percentage points (WORM -24.8% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.31 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against WORM's 51%.

Correlation: 0.31
Size ratio: 1 : 2520.0
Ahead over 30 days: FARTCOIN

Deep WormWORM

$4.547e-5

24h: +3.14%
Market cap: $45,450
Volume 24h: $5
Volatility (ann.): 51%

FartcoinFARTCOIN

$0.114543

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

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

Performance

WORMFARTCOIN

7 days-5.58%-6.26%WORM
30 days-24.79%-11.87%FARTCOIN

Correlation

0.31over 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	WORM	FARTCOIN
Max drawdown (400d)	-29.5%	-46.0%
Risk-adjusted return (90d)	-0.45	-0.08

Relative strength over 90 days: WORM outperformed FARTCOIN by 14.1% — measured on the WORM/FARTCOIN ratio, so it holds regardless of market direction.

Deep Worm →Fartcoin →