Grassito vs Fartcoin

Fartcoin (FARTCOIN) is 1551.6× the size of Grassito (GRASSITO) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 17.1 percentage points (GRASSITO -28.9% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.34 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against GRASSITO's 47%.

Correlation: 0.34
Size ratio: 1 : 1551.6
Ahead over 30 days: FARTCOIN

GrassitoGRASSITO

$1.784e-7

24h: +4.29%
Market cap: $74,001
Volume 24h: $296
Volatility (ann.): 47%

FartcoinFARTCOIN

$0.114829

24h: -11.41%
Market cap: $114.82M
Volume 24h: $12.90M
Volatility (ann.): 155%

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

Performance

GRASSITOFARTCOIN

7 days-13.75%-6.26%FARTCOIN
30 days-28.93%-11.87%FARTCOIN

Correlation

0.34over 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	GRASSITO	FARTCOIN
Max drawdown (400d)	-32.5%	-46.0%
Risk-adjusted return (90d)	-0.61	-0.08

Relative strength over 90 days: GRASSITO outperformed FARTCOIN by 6.5% — measured on the GRASSITO/FARTCOIN ratio, so it holds regardless of market direction.

Grassito →Fartcoin →