Diamond Nutted Chads vs Fartcoin

Fartcoin (FARTCOIN) is 623.7× the size of Diamond Nutted Chads (DNC) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 35.7 percentage points (DNC -52.4% against FARTCOIN -16.8%). Their daily returns move loosely together (correlation 0.51 across 22 shared trading days). FARTCOIN has been the more volatile of the two, at 156% annualised against DNC's 76%.

Correlation: 0.51
Size ratio: 1 : 623.7
Ahead over 30 days: FARTCOIN

Diamond Nutted ChadsDNC

$0.000202

24h: +4.73%
Market cap: $192,872
Volume 24h: $1,020
Volatility (ann.): 76%

FartcoinFARTCOIN

$0.120362

24h: +1.36%
Market cap: $120.29M
Volume 24h: $11.83M
Volatility (ann.): 156%

DNC 0.2%Share of the two combined market caps99.8% FARTCOIN

Performance

DNCFARTCOIN

7 days-13.29%-8.30%FARTCOIN
30 days-52.42%-16.75%FARTCOIN

Correlation

0.51over 22 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	DNC	FARTCOIN
Max drawdown (400d)	-56.9%	-46.0%
Risk-adjusted return (90d)	-0.71	-0.11

Relative strength over 90 days: FARTCOIN outperformed DNC by 16.3% — measured on the DNC/FARTCOIN ratio, so it holds regardless of market direction.

Diamond Nutted Chads →Fartcoin →