HAMI vs Fartcoin

Fartcoin (FARTCOIN) is 729.1× the size of HAMI ($HAMI) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 14.1 percentage points ($HAMI -26.0% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.50 across 22 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against $HAMI's 58%.

Correlation: 0.50
Size ratio: 1 : 729.1
Ahead over 30 days: FARTCOIN

HAMI$HAMI

$0.000172

24h: +5.05%
Market cap: $171,593
Volume 24h: $111
Volatility (ann.): 58%

FartcoinFARTCOIN

$0.125097

24h: +1.57%
Market cap: $125.11M
Volume 24h: $14.81M
Volatility (ann.): 155%

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

Performance

$HAMIFARTCOIN

7 days-6.95%-6.26%FARTCOIN
30 days-25.99%-11.87%FARTCOIN

Correlation

0.50over 22 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	$HAMI	FARTCOIN
Max drawdown (400d)	-28.6%	-46.0%
Risk-adjusted return (90d)	-0.39	-0.08

Relative strength over 90 days: $HAMI outperformed FARTCOIN by 16.4% — measured on the $HAMI/FARTCOIN ratio, so it holds regardless of market direction.

HAMI →Fartcoin →