GoblinCoin vs Fartcoin

Fartcoin (FARTCOIN) is 1643.8× the size of GoblinCoin (GOBLIN) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 19.0 percentage points (GOBLIN -30.9% against FARTCOIN -11.9%). Their daily returns move closely together (correlation 0.85 across 20 shared trading days). Both have run at a similar volatility, around 152% annualised.

Correlation: 0.85
Size ratio: 1 : 1643.8
Ahead over 30 days: FARTCOIN

GoblinCoinGOBLIN

$9.593e-5

24h: +2.17%
Market cap: $68,183
Volume 24h: $25,538
Volatility (ann.): 150%

FartcoinFARTCOIN

$0.112089

24h: -13.15%
Market cap: $112.08M
Volume 24h: $13.37M
Volatility (ann.): 155%

GOBLIN 0.1%Share of the two combined market caps99.9% FARTCOIN

Performance

GOBLINFARTCOIN

7 days-3.65%-6.26%GOBLIN
30 days-30.88%-11.87%FARTCOIN

Correlation

0.85over 20 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	GOBLIN	FARTCOIN
Max drawdown (400d)	-38.7%	-46.0%
Risk-adjusted return (90d)	-0.21	-0.08

Relative strength over 90 days: FARTCOIN outperformed GOBLIN by 22.9% — measured on the GOBLIN/FARTCOIN ratio, so it holds regardless of market direction.

GoblinCoin →Fartcoin →