GUANO vs Fartcoin

Fartcoin (FARTCOIN) is 1239.7× the size of GUANO (GUANO) by market capitalisation. Over the past 30 days, GUANO is ahead by 26.8 percentage points (GUANO +14.9% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.19 across 23 shared trading days). GUANO has been the more volatile of the two, at 461% annualised against FARTCOIN's 155%.

Correlation: 0.19
Size ratio: 1 : 1239.7
Ahead over 30 days: GUANO

GUANOGUANO

$0.000127

24h: +7.84%
Market cap: $90,411
Volume 24h: $2,724
Volatility (ann.): 461%

FartcoinFARTCOIN

$0.112089

24h: -13.15%
Market cap: $112.08M
Volume 24h: $13.37M
Volatility (ann.): 155%

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

Performance

GUANOFARTCOIN

7 days-0.72%-6.26%GUANO
30 days+14.93%-11.87%GUANO

Correlation

0.19over 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	GUANO	FARTCOIN
Max drawdown (400d)	-59.6%	-46.0%
Risk-adjusted return (90d)	0.06	-0.08

Relative strength over 90 days: FARTCOIN outperformed GUANO by 43.9% — measured on the GUANO/FARTCOIN ratio, so it holds regardless of market direction.

GUANO →Fartcoin →