Law of Attraction vs Fartcoin

Fartcoin (FARTCOIN) is 14055.8× the size of Law of Attraction (LOA) by market capitalisation. Over the past 30 days, LOA is ahead by 10.8 percentage points (LOA -1.1% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.16 across 20 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against LOA's 2%.

Correlation: 0.16
Size ratio: 1 : 14055.8
Ahead over 30 days: LOA

Law of AttractionLOA

$1.203e-5

24h: —
Market cap: $8,796
Volume 24h: $3
Volatility (ann.): 2%

FartcoinFARTCOIN

$0.123643

24h: +0.19%
Market cap: $123.63M
Volume 24h: $14.94M
Volatility (ann.): 155%

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

Performance

LOAFARTCOIN

7 days-0.08%-6.26%LOA
30 days-1.07%-11.87%LOA

Correlation

0.16over 20 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	LOA	FARTCOIN
Max drawdown (400d)	-1.1%	-46.0%
Risk-adjusted return (90d)	-0.50	-0.08

Relative strength over 90 days: LOA outperformed FARTCOIN by 28.4% — measured on the LOA/FARTCOIN ratio, so it holds regardless of market direction.

Law of Attraction →Fartcoin →