IS THIS NOT INSANE? vs Fartcoin

Fartcoin (FARTCOIN) is 27092.8× the size of IS THIS NOT INSANE? (HELLO?) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 21.7 percentage points (HELLO? -33.6% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.34 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against HELLO?'s 51%.

Correlation: 0.34
Size ratio: 1 : 27092.8
Ahead over 30 days: FARTCOIN

IS THIS NOT INSANE?HELLO?

$4.200e-6

24h: —
Market cap: $4,190
Volume 24h: —
Volatility (ann.): 51%

FartcoinFARTCOIN

$0.113520

24h: -9.39%
Market cap: $113.51M
Volume 24h: $13.81M
Volatility (ann.): 155%

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

Performance

HELLO?FARTCOIN

7 days-9.01%-6.26%FARTCOIN
30 days-33.59%-11.87%FARTCOIN

Correlation

0.34over 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	HELLO?	FARTCOIN
Max drawdown (400d)	-36.2%	-46.0%
Risk-adjusted return (90d)	-0.63	-0.08

Relative strength over 90 days: FARTCOIN outperformed HELLO? by 0.1% — measured on the HELLO?/FARTCOIN ratio, so it holds regardless of market direction.

IS THIS NOT INSANE? →Fartcoin →