EGG vs Fartcoin

Fartcoin (FARTCOIN) is 3602.7× the size of EGG (EGG) by market capitalisation. Over the past 30 days, EGG is ahead by 2.7 percentage points (EGG -19.3% against FARTCOIN -22.1%). Their daily returns move barely together (correlation 0.18 across 24 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against EGG's 118%.

Correlation: 0.18
Size ratio: 1 : 3602.7
Ahead over 30 days: EGG

EGGEGG

$5.570e-6

24h: -5.20%
Market cap: $33,365
Volume 24h: $232
Volatility (ann.): 118%

FartcoinFARTCOIN

$0.120222

24h: -3.16%
Market cap: $120.21M
Volume 24h: $17.15M
Volatility (ann.): 155%

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

Performance

EGGFARTCOIN

7 days-8.82%-4.91%FARTCOIN
30 days-19.33%-22.08%EGG

Correlation

0.18over 24 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	EGG	FARTCOIN
Max drawdown (400d)	-36.0%	-47.4%
Risk-adjusted return (90d)	-0.12	-0.13

Relative strength over 90 days: EGG outperformed FARTCOIN by 60.1% — measured on the EGG/FARTCOIN ratio, so it holds regardless of market direction.

EGG →Fartcoin →