FLORK vs Fartcoin

Fartcoin (FARTCOIN) is 47.8× the size of FLORK (FLORK) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 72.3 percentage points (FLORK -89.0% against FARTCOIN -16.8%). Their daily returns move barely in opposite directions (correlation -0.17 across 23 shared trading days). FLORK has been the more volatile of the two, at 298528% annualised against FARTCOIN's 156%.

Correlation: -0.17
Size ratio: 1 : 47.8
Ahead over 30 days: FARTCOIN

FLORKFLORK

$0.002567

24h: +2.35%
Market cap: $2.57M
Volume 24h: $235,496
Volatility (ann.): 298528%

FartcoinFARTCOIN

$0.122669

24h: +6.16%
Market cap: $122.66M
Volume 24h: $11.92M
Volatility (ann.): 156%

FLORK 2.0%Share of the two combined market caps98.0% FARTCOIN

Performance

FLORKFARTCOIN

7 days-64.35%-8.30%FARTCOIN
30 days-89.01%-16.75%FARTCOIN

Correlation

-0.17over 23 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	FLORK	FARTCOIN
Max drawdown (400d)	-100.0%	-46.0%
Risk-adjusted return (90d)	0.00	-0.11

Relative strength over 90 days: FARTCOIN outperformed FLORK by 85.8% — measured on the FLORK/FARTCOIN ratio, so it holds regardless of market direction.

FLORK →Fartcoin →