Fartcoin vs MemeCore

MemeCore (M) is 15.3× the size of Fartcoin (FARTCOIN) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 15.4 percentage points (FARTCOIN -11.9% against M -27.3%). Their daily returns move barely together (correlation 0.06 across 57 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against M's 108%.

Correlation: 0.06
Size ratio: 1 : 15.3
Ahead over 30 days: FARTCOIN

FartcoinFARTCOIN

$0.124557

24h: +3.26%
Market cap: $124.55M
Volume 24h: $15.89M
Volatility (ann.): 155%

MemeCoreM

$0.830662

24h: -1.86%
Market cap: $1.91B
Volume 24h: $1.68M
Volatility (ann.): 108%

FARTCOIN 6.1%Share of the two combined market caps93.9% M

Performance

FARTCOINM

7 days-6.26%-19.79%FARTCOIN
30 days-11.87%-27.25%FARTCOIN

Correlation

0.06over 57 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1590d: 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	FARTCOIN	M
Max drawdown (400d)	-46.0%	-41.1%
Risk-adjusted return (90d)	-0.08	-0.25

Relative strength over 90 days: FARTCOIN outperformed M by 21.5% — measured on the FARTCOIN/M ratio, so it holds regardless of market direction.

Fartcoin →MemeCore →