IKUN vs Fartcoin

Fartcoin (FARTCOIN) is 1947.8× the size of IKUN (IKUN) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 32.9 percentage points (IKUN -44.7% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.42 across 28 shared trading days). IKUN has been the more volatile of the two, at 201% annualised against FARTCOIN's 155%.

Correlation: 0.42
Size ratio: 1 : 1947.8
Ahead over 30 days: FARTCOIN

IKUNIKUN

$5.936e-5

24h: +4.25%
Market cap: $59,359
Volume 24h: $25,901
Volatility (ann.): 201%

FartcoinFARTCOIN

$0.115450

24h: -8.74%
Market cap: $115.62M
Volume 24h: $13.59M
Volatility (ann.): 155%

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

Performance

IKUNFARTCOIN

7 days-11.04%-6.26%FARTCOIN
30 days-44.75%-11.87%FARTCOIN

Correlation

0.42over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4290d: 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	IKUN	FARTCOIN
Max drawdown (400d)	-61.0%	-46.0%
Risk-adjusted return (90d)	-0.15	-0.08

Relative strength over 90 days: FARTCOIN outperformed IKUN by 5.4% — measured on the IKUN/FARTCOIN ratio, so it holds regardless of market direction.

IKUN →Fartcoin →