JustAnEgg vs Fartcoin

Fartcoin (FARTCOIN) is 375.1× the size of JustAnEgg (EGG) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 12.6 percentage points (EGG -24.5% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.30 across 22 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against EGG's 46%.

Correlation: 0.30
Size ratio: 1 : 375.1
Ahead over 30 days: FARTCOIN

JustAnEggEGG

$0.000831

24h: —
Market cap: $331,851
Volume 24h: $23
Volatility (ann.): 46%

FartcoinFARTCOIN

$0.124486

24h: +6.55%
Market cap: $124.48M
Volume 24h: $17.03M
Volatility (ann.): 155%

EGG 0.3%Share of the two combined market caps99.7% FARTCOIN

Performance

EGGFARTCOIN

7 days-6.40%-6.26%FARTCOIN
30 days-24.49%-11.87%FARTCOIN

Correlation

0.30over 22 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	EGG	FARTCOIN
Max drawdown (400d)	-27.0%	-46.0%
Risk-adjusted return (90d)	-0.50	-0.08

Relative strength over 90 days: EGG outperformed FARTCOIN by 15.0% — measured on the EGG/FARTCOIN ratio, so it holds regardless of market direction.

JustAnEgg →Fartcoin →