Fartcoin (FARTCOIN) is 9.1× the size of Goatseus Maximus (GOAT) by market capitalisation. Their daily returns move closely together (correlation 0.84 across 35 shared trading days). FARTCOIN has been the more volatile of the two, at 156% annualised against GOAT's 78%.
GOATFARTCOIN
0.84over 35 shared trading days
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.
| Metric | GOAT | FARTCOIN |
|---|---|---|
| Max drawdown (400d) | -21.1% | -46.0% |
| Risk-adjusted return (90d) | 0.58 | -0.11 |
Relative strength over 90 days: GOAT outperformed FARTCOIN by 23.7% — measured on the GOAT/FARTCOIN ratio, so it holds regardless of market direction.