JOBCOIN vs Fartcoin

Fartcoin (FARTCOIN) is 33.4× the size of JOBCOIN (JOBCOIN) by market capitalisation. Over the past 30 days, JOBCOIN is ahead by 9.3 percentage points (JOBCOIN -7.4% against FARTCOIN -16.8%). Their daily returns move closely together (correlation 0.83 across 31 shared trading days). FARTCOIN has been the more volatile of the two, at 156% annualised against JOBCOIN's 113%.

Correlation: 0.83
Size ratio: 1 : 33.4
Ahead over 30 days: JOBCOIN

JOBCOINJOBCOIN

$0.003673

24h: -1.72%
Market cap: $3.67M
Volume 24h: $13,139
Volatility (ann.): 113%

FartcoinFARTCOIN

$0.122635

24h: +5.85%
Market cap: $122.62M
Volume 24h: $12.04M
Volatility (ann.): 156%

JOBCOIN 2.9%Share of the two combined market caps97.1% FARTCOIN

Performance

JOBCOINFARTCOIN

7 days-13.04%-8.30%FARTCOIN
30 days-7.44%-16.75%JOBCOIN

Correlation

0.83over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8390d: 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	JOBCOIN	FARTCOIN
Max drawdown (400d)	-32.2%	-46.0%
Risk-adjusted return (90d)	-0.19	-0.11

Relative strength over 90 days: JOBCOIN outperformed FARTCOIN by 18.0% — measured on the JOBCOIN/FARTCOIN ratio, so it holds regardless of market direction.

JOBCOIN →Fartcoin →