KING Coin vs Fartcoin

Fartcoin (FARTCOIN) is 1489.3× the size of KING Coin (KING) by market capitalisation. Over the past 30 days, KING is ahead by 18.3 percentage points (KING +6.4% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.04 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against KING's 15%.

Correlation: 0.04
Size ratio: 1 : 1489.3
Ahead over 30 days: KING

KING CoinKING

$8.030e-6

24h: +0.02%
Market cap: $80,271
Volume 24h: $4
Volatility (ann.): 15%

FartcoinFARTCOIN

$0.119561

24h: -2.17%
Market cap: $119.55M
Volume 24h: $14.54M
Volatility (ann.): 155%

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

Performance

KINGFARTCOIN

7 days+0.89%-6.26%KING
30 days+6.39%-11.87%KING

Correlation

0.04over 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	KING	FARTCOIN
Max drawdown (400d)	-0.8%	-46.0%
Risk-adjusted return (90d)	0.49	-0.08

Relative strength over 90 days: KING outperformed FARTCOIN by 37.2% — measured on the KING/FARTCOIN ratio, so it holds regardless of market direction.

KING Coin →Fartcoin →