Going Parabolic Coin vs Fartcoin

Fartcoin (FARTCOIN) is 1475.6× the size of Going Parabolic Coin (GPC) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 7.2 percentage points (GPC -19.1% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.53 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against GPC's 130%.

Correlation: 0.53
Size ratio: 1 : 1475.6
Ahead over 30 days: FARTCOIN

Going Parabolic CoinGPC

$8.240e-5

24h: +3.70%
Market cap: $82,359
Volume 24h: $80
Volatility (ann.): 130%

FartcoinFARTCOIN

$0.121535

24h: +0.81%
Market cap: $121.52M
Volume 24h: $14.78M
Volatility (ann.): 155%

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

Performance

GPCFARTCOIN

7 days-13.24%-6.26%FARTCOIN
30 days-19.12%-11.87%FARTCOIN

Correlation

0.53over 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	GPC	FARTCOIN
Max drawdown (400d)	-34.1%	-46.0%
Risk-adjusted return (90d)	-0.21	-0.08

Relative strength over 90 days: FARTCOIN outperformed GPC by 6.0% — measured on the GPC/FARTCOIN ratio, so it holds regardless of market direction.

Going Parabolic Coin →Fartcoin →