IQ50 vs Fartcoin

Fartcoin (FARTCOIN) is 585.3× the size of IQ50 (IQ50) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 9.1 percentage points (IQ50 -21.0% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.21 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against IQ50's 52%.

Correlation: 0.21
Size ratio: 1 : 585.3
Ahead over 30 days: FARTCOIN

IQ50IQ50

$4.106e-7

24h: +4.06%
Market cap: $207,111
Volume 24h: $1
Volatility (ann.): 52%

FartcoinFARTCOIN

$0.121232

24h: +0.75%
Market cap: $121.22M
Volume 24h: $14.92M
Volatility (ann.): 155%

IQ50 0.2%Share of the two combined market caps99.8% FARTCOIN

Performance

IQ50FARTCOIN

7 days-5.06%-6.26%IQ50
30 days-20.98%-11.87%FARTCOIN

Correlation

0.21over 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	IQ50	FARTCOIN
Max drawdown (400d)	-24.5%	-46.0%
Risk-adjusted return (90d)	-0.37	-0.08

Relative strength over 90 days: IQ50 outperformed FARTCOIN by 16.1% — measured on the IQ50/FARTCOIN ratio, so it holds regardless of market direction.

IQ50 →Fartcoin →