Harold vs Fartcoin

Fartcoin (FARTCOIN) is 3489.7× the size of Harold (HAROLD) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 16.6 percentage points (HAROLD -28.5% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.42 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against HAROLD's 56%.

Correlation: 0.42
Size ratio: 1 : 3489.7
Ahead over 30 days: FARTCOIN

HaroldHAROLD

$3.405e-5

24h: +4.53%
Market cap: $33,570
Volume 24h: $1
Volatility (ann.): 56%

FartcoinFARTCOIN

$0.117188

24h: -6.35%
Market cap: $117.15M
Volume 24h: $14.93M
Volatility (ann.): 155%

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

Performance

HAROLDFARTCOIN

7 days-11.90%-6.26%FARTCOIN
30 days-28.49%-11.87%FARTCOIN

Correlation

0.42over 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	HAROLD	FARTCOIN
Max drawdown (400d)	-33.3%	-46.0%
Risk-adjusted return (90d)	-0.55	-0.08

Relative strength over 90 days: HAROLD outperformed FARTCOIN by 4.7% — measured on the HAROLD/FARTCOIN ratio, so it holds regardless of market direction.

Harold →Fartcoin →