Dollar vs Fartcoin

Fartcoin (FARTCOIN) is 2392.7× the size of Dollar (DOLLAR) by market capitalisation. Over the past 30 days, DOLLAR is ahead by 9.7 percentage points (DOLLAR -2.2% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.39 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against DOLLAR's 82%.

Correlation: 0.39
Size ratio: 1 : 2392.7
Ahead over 30 days: DOLLAR

DollarDOLLAR

$4.764e-5

24h: +4.23%
Market cap: $47,441
Volume 24h: $125
Volatility (ann.): 82%

FartcoinFARTCOIN

$0.113520

24h: -9.39%
Market cap: $113.51M
Volume 24h: $13.81M
Volatility (ann.): 155%

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

Performance

DOLLARFARTCOIN

7 days+0.04%-6.26%DOLLAR
30 days-2.19%-11.87%DOLLAR

Correlation

0.39over 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	DOLLAR	FARTCOIN
Max drawdown (400d)	-22.6%	-46.0%
Risk-adjusted return (90d)	-0.06	-0.08

Relative strength over 90 days: DOLLAR outperformed FARTCOIN by 42.3% — measured on the DOLLAR/FARTCOIN ratio, so it holds regardless of market direction.

Dollar →Fartcoin →