GIVEBACK vs Fartcoin

Fartcoin (FARTCOIN) is 33.9× the size of GIVEBACK (GBACK) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 28.9 percentage points (GBACK -40.8% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.32 across 34 shared trading days). GBACK has been the more volatile of the two, at 229% annualised against FARTCOIN's 155%.

Correlation: 0.32
Size ratio: 1 : 33.9
Ahead over 30 days: FARTCOIN

GIVEBACKGBACK

$0.003662

24h: +3.71%
Market cap: $3.66M
Volume 24h: $11,343
Volatility (ann.): 229%

FartcoinFARTCOIN

$0.124131

24h: +4.57%
Market cap: $124.12M
Volume 24h: $17.31M
Volatility (ann.): 155%

GBACK 2.9%Share of the two combined market caps97.1% FARTCOIN

Performance

GBACKFARTCOIN

7 days-12.00%-6.26%FARTCOIN
30 days-40.76%-11.87%FARTCOIN

Correlation

0.32over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	GBACK	FARTCOIN
Max drawdown (400d)	-60.5%	-46.0%
Risk-adjusted return (90d)	-0.25	-0.08

Relative strength over 90 days: FARTCOIN outperformed GBACK by 33.1% — measured on the GBACK/FARTCOIN ratio, so it holds regardless of market direction.

GIVEBACK →Fartcoin →