Good Morning! vs Fartcoin

Fartcoin (FARTCOIN) is 774.0× the size of Good Morning! (GM) by market capitalisation. Over the past 30 days, GM is ahead by 25.2 percentage points (GM +13.3% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.25 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against GM's 73%.

Correlation: 0.25
Size ratio: 1 : 774.0
Ahead over 30 days: GM

Good Morning!GM

$0.000157

24h: +5.01%
Market cap: $156,609
Volume 24h: $275
Volatility (ann.): 73%

FartcoinFARTCOIN

$0.121232

24h: +0.75%
Market cap: $121.22M
Volume 24h: $14.92M
Volatility (ann.): 155%

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

Performance

GMFARTCOIN

7 days+0.91%-6.26%GM
30 days+13.30%-11.87%GM

Correlation

0.25over 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	GM	FARTCOIN
Max drawdown (400d)	-11.5%	-46.0%
Risk-adjusted return (90d)	0.22	-0.08

Relative strength over 90 days: GM outperformed FARTCOIN by 30.9% — measured on the GM/FARTCOIN ratio, so it holds regardless of market direction.

Good Morning! →Fartcoin →