Fair and Free vs MarsCoin

MarsCoin (MARSCOIN) is 67.0× the size of Fair and Free (FAIR3) by market capitalisation. Over the past 30 days, FAIR3 is ahead by 52.5 percentage points (FAIR3 -1.5% against MARSCOIN -54.0%). Their daily returns move loosely in opposite directions (correlation -0.37 across 34 shared trading days). FAIR3 has been the more volatile of the two, at 399% annualised against MARSCOIN's 219%.

Correlation: -0.37
Size ratio: 1 : 67.0
Ahead over 30 days: FAIR3

Fair and FreeFAIR3

$0.000820

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

MarsCoinMARSCOIN

$0.052400

24h: +1.55%
Market cap: $51.44M
Volume 24h: $9.57M
Volatility (ann.): 219%

FAIR3 1.5%Share of the two combined market caps98.5% MARSCOIN

Performance

FAIR3MARSCOIN

7 days-34.72%-26.47%MARSCOIN
30 days-1.52%-54.00%FAIR3

Correlation

-0.37over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1190d: 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	MARSCOIN
Max drawdown (400d)	-44.9%	-79.2%
Risk-adjusted return (90d)	0.13	-0.34

Relative strength over 90 days: FAIR3 outperformed MARSCOIN by 288.3% — measured on the FAIR3/MARSCOIN ratio, so it holds regardless of market direction.

Fair and Free →MarsCoin →