Fair and Free vs Fartcoin

Fartcoin (FARTCOIN) is 158.9× the size of Fair and Free (FAIR3) by market capitalisation. Over the past 30 days, FAIR3 is ahead by 15.2 percentage points (FAIR3 -1.5% against FARTCOIN -16.8%). Their daily returns move barely in opposite directions (correlation -0.23 across 22 shared trading days). FAIR3 has been the more volatile of the two, at 399% annualised against FARTCOIN's 156%.

Correlation: -0.23
Size ratio: 1 : 158.9
Ahead over 30 days: FAIR3

Fair and FreeFAIR3

$0.000820

24h: +3.88%
Market cap: $767,468
Volume 24h: $1,731
Volatility (ann.): 399%

FartcoinFARTCOIN

$0.121999

24h: +2.19%
Market cap: $121.99M
Volume 24h: $11.72M
Volatility (ann.): 156%

FAIR3 0.6%Share of the two combined market caps99.4% FARTCOIN

Performance

FAIR3FARTCOIN

7 days-34.72%-8.30%FARTCOIN
30 days-1.52%-16.75%FAIR3

Correlation

-0.23over 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	FAIR3	FARTCOIN
Max drawdown (400d)	-44.9%	-46.0%
Risk-adjusted return (90d)	0.13	-0.11

Relative strength over 90 days: FAIR3 outperformed FARTCOIN by 96.0% — measured on the FAIR3/FARTCOIN ratio, so it holds regardless of market direction.

Fair and Free →Fartcoin →