Harold vs Fartcoin

Fartcoin (FARTCOIN) is 9.2× the size of Harold (HAROLD) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 83.1 percentage points (HAROLD -99.8% against FARTCOIN -16.8%). Their daily returns move loosely together (correlation 0.56 across 26 shared trading days). HAROLD has been the more volatile of the two, at 513% annualised against FARTCOIN's 156%.

Correlation: 0.56
Size ratio: 1 : 9.2
Ahead over 30 days: FARTCOIN

HaroldHAROLD

$0.013340

24h: +0.03%
Market cap: $13.34M
Volume 24h: $3,313
Volatility (ann.): 513%

FartcoinFARTCOIN

$0.122679

24h: +5.77%
Market cap: $122.67M
Volume 24h: $11.99M
Volatility (ann.): 156%

HAROLD 9.8%Share of the two combined market caps90.2% FARTCOIN

Performance

HAROLDFARTCOIN

7 days-99.97%-8.30%FARTCOIN
30 days-99.84%-16.75%FARTCOIN

Correlation

0.56over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5690d: 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)	-100.0%	-46.0%
Risk-adjusted return (90d)	-0.19	-0.11

Relative strength over 90 days: FARTCOIN outperformed HAROLD by 99.8% — measured on the HAROLD/FARTCOIN ratio, so it holds regardless of market direction.

Harold →Fartcoin →