Knight Core vs Fartcoin

Fartcoin (FARTCOIN) is 243.6× the size of Knight Core (KNIGHT) by market capitalisation. Over the past 30 days, KNIGHT is ahead by 67.4 percentage points (KNIGHT +55.5% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.17 across 28 shared trading days). KNIGHT has been the more volatile of the two, at 346% annualised against FARTCOIN's 155%.

Correlation: 0.17
Size ratio: 1 : 243.6
Ahead over 30 days: KNIGHT

Knight CoreKNIGHT

$0.000533

24h: -0.24%
Market cap: $508,756
Volume 24h: $4,032
Volatility (ann.): 346%

FartcoinFARTCOIN

$0.123931

24h: +2.43%
Market cap: $123.92M
Volume 24h: $15.50M
Volatility (ann.): 155%

KNIGHT 0.4%Share of the two combined market caps99.6% FARTCOIN

Performance

KNIGHTFARTCOIN

7 days-18.84%-6.26%FARTCOIN
30 days+55.53%-11.87%KNIGHT

Correlation

0.17over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	KNIGHT	FARTCOIN
Max drawdown (400d)	-49.9%	-46.0%
Risk-adjusted return (90d)	0.07	-0.08

Relative strength over 90 days: KNIGHT outperformed FARTCOIN by 69.4% — measured on the KNIGHT/FARTCOIN ratio, so it holds regardless of market direction.

Knight Core →Fartcoin →