Gooner vs Fartcoin

Fartcoin (FARTCOIN) is 16380.8× the size of Gooner (GOONER) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 63.0 percentage points (GOONER -74.8% against FARTCOIN -11.9%). Their daily returns move barely in opposite directions (correlation -0.18 across 23 shared trading days). GOONER has been the more volatile of the two, at 397% annualised against FARTCOIN's 155%.

Correlation: -0.18
Size ratio: 1 : 16380.8
Ahead over 30 days: FARTCOIN

GoonerGOONER

$7.070e-6

24h: —
Market cap: $7,049
Volume 24h: —
Volatility (ann.): 397%

FartcoinFARTCOIN

$0.115489

24h: -7.86%
Market cap: $115.46M
Volume 24h: $14.28M
Volatility (ann.): 155%

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

Performance

GOONERFARTCOIN

7 days-22.73%-6.26%FARTCOIN
30 days-74.83%-11.87%FARTCOIN

Correlation

-0.18over 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	GOONER	FARTCOIN
Max drawdown (400d)	-78.3%	-46.0%
Risk-adjusted return (90d)	-0.16	-0.08

Relative strength over 90 days: FARTCOIN outperformed GOONER by 2.3% — measured on the GOONER/FARTCOIN ratio, so it holds regardless of market direction.

Gooner →Fartcoin →