gooch coin vs Fartcoin

Fartcoin (FARTCOIN) is 8020.6× the size of gooch coin (GOOCH COIN) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 6.1 percentage points (GOOCH COIN -28.2% against FARTCOIN -22.1%). Their daily returns move loosely together (correlation 0.37 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against GOOCH COIN's 59%.

Correlation: 0.37
Size ratio: 1 : 8020.6
Ahead over 30 days: FARTCOIN

gooch coinGOOCH COIN

$1.465e-5

24h: —
Market cap: $14,630
Volume 24h: $22
Volatility (ann.): 59%

FartcoinFARTCOIN

$0.117347

24h: +1.60%
Market cap: $117.34M
Volume 24h: $12.09M
Volatility (ann.): 155%

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

Performance

GOOCH COINFARTCOIN

7 days-10.10%-4.91%FARTCOIN
30 days-28.17%-22.08%FARTCOIN

Correlation

0.37over 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	GOOCH COIN	FARTCOIN
Max drawdown (400d)	-28.4%	-47.4%
Risk-adjusted return (90d)	-0.45	-0.13

Relative strength over 90 days: GOOCH COIN outperformed FARTCOIN by 18.3% — measured on the GOOCH COIN/FARTCOIN ratio, so it holds regardless of market direction.

gooch coin →Fartcoin →