Flying Ketamine Horse vs Fartcoin

Fartcoin (FARTCOIN) is 4511.6× the size of Flying Ketamine Horse (FKH) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 22.2 percentage points (FKH -44.3% against FARTCOIN -22.1%). Their daily returns move barely together (correlation 0.21 across 24 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against FKH's 111%.

Correlation: 0.21
Size ratio: 1 : 4511.6
Ahead over 30 days: FARTCOIN

Flying Ketamine HorseFKH

$2.650e-5

24h: -6.21%
Market cap: $26,141
Volume 24h: $476
Volatility (ann.): 111%

FartcoinFARTCOIN

$0.117947

24h: -5.87%
Market cap: $117.94M
Volume 24h: $15.96M
Volatility (ann.): 155%

FKH 0.0%Share of the two combined market caps100.0% FARTCOIN

Performance

FKHFARTCOIN

7 days-6.99%-4.91%FARTCOIN
30 days-44.31%-22.08%FARTCOIN

Correlation

0.21over 24 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	FKH	FARTCOIN
Max drawdown (400d)	-44.3%	-47.4%
Risk-adjusted return (90d)	-0.38	-0.13

Relative strength over 90 days: FARTCOIN outperformed FKH by 2.3% — measured on the FKH/FARTCOIN ratio, so it holds regardless of market direction.

Flying Ketamine Horse →Fartcoin →