Fartcoin (FARTCOIN) is 6.5× the size of Fartboy ($FARTBOY) by market capitalisation. Over the past 30 days, $FARTBOY is ahead by 62.2 percentage points ($FARTBOY +45.4% against FARTCOIN -16.8%). Their daily returns move closely together (correlation 0.66 across 33 shared trading days). Both have run at a similar volatility, around 147% annualised.
$FARTBOYFARTCOIN
0.66over 33 shared trading days
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.
| Metric | $FARTBOY | FARTCOIN |
|---|---|---|
| Max drawdown (400d) | -17.9% | -46.0% |
| Risk-adjusted return (90d) | 0.18 | -0.11 |
Relative strength over 90 days: $FARTBOY outperformed FARTCOIN by 103.6% — measured on the $FARTBOY/FARTCOIN ratio, so it holds regardless of market direction.