Gently Used Lada vs Fartcoin

Fartcoin (FARTCOIN) is 6918.0× the size of Gently Used Lada (LADA) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 7.6 percentage points (LADA -29.6% against FARTCOIN -22.1%). Their daily returns move loosely together (correlation 0.44 across 24 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against LADA's 115%.

Correlation: 0.44
Size ratio: 1 : 6918.0
Ahead over 30 days: FARTCOIN

Gently Used LadaLADA

$1.719e-5

24h: -2.44%
Market cap: $17,161
Volume 24h: $231
Volatility (ann.): 115%

FartcoinFARTCOIN

$0.118732

24h: -5.23%
Market cap: $118.72M
Volume 24h: $16.69M
Volatility (ann.): 155%

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

Performance

LADAFARTCOIN

7 days-5.45%-4.91%FARTCOIN
30 days-29.64%-22.08%FARTCOIN

Correlation

0.44over 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	LADA	FARTCOIN
Max drawdown (400d)	-41.9%	-47.4%
Risk-adjusted return (90d)	-0.29	-0.13

Relative strength over 90 days: LADA outperformed FARTCOIN by 16.8% — measured on the LADA/FARTCOIN ratio, so it holds regardless of market direction.

Gently Used Lada →Fartcoin →