Gakster vs Fartcoin

Fartcoin (FARTCOIN) is 2528.0× the size of Gakster (GAK) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 23.4 percentage points (GAK -35.3% against FARTCOIN -11.9%). Their daily returns move barely in opposite directions (correlation -0.05 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against GAK's 123%.

Correlation: -0.05
Size ratio: 1 : 2528.0
Ahead over 30 days: FARTCOIN

GaksterGAK

$4.490e-5

24h: +2.68%
Market cap: $44,902
Volume 24h: $284
Volatility (ann.): 123%

FartcoinFARTCOIN

$0.113520

24h: -9.39%
Market cap: $113.51M
Volume 24h: $13.81M
Volatility (ann.): 155%

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

Performance

GAKFARTCOIN

7 days-22.30%-6.26%FARTCOIN
30 days-35.30%-11.87%FARTCOIN

Correlation

-0.05over 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	GAK	FARTCOIN
Max drawdown (400d)	-42.0%	-46.0%
Risk-adjusted return (90d)	-0.32	-0.08

Relative strength over 90 days: FARTCOIN outperformed GAK by 7.5% — measured on the GAK/FARTCOIN ratio, so it holds regardless of market direction.

Gakster →Fartcoin →