Law Of Attraction vs Fartcoin

Fartcoin (FARTCOIN) is 592.3× the size of Law Of Attraction (LOA) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 29.3 percentage points (LOA -41.1% against FARTCOIN -11.9%). Their daily returns move closely together (correlation 0.72 across 28 shared trading days). LOA has been the more volatile of the two, at 194% annualised against FARTCOIN's 155%.

Correlation: 0.72
Size ratio: 1 : 592.3
Ahead over 30 days: FARTCOIN

Law Of AttractionLOA

$0.000209

24h: +6.94%
Market cap: $209,214
Volume 24h: $1,693
Volatility (ann.): 194%

FartcoinFARTCOIN

$0.123931

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

LOA 0.2%Share of the two combined market caps99.8% FARTCOIN

Performance

LOAFARTCOIN

7 days-10.56%-6.26%FARTCOIN
30 days-41.15%-11.87%FARTCOIN

Correlation

0.72over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7290d: 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)	-63.5%	-46.0%
Risk-adjusted return (90d)	-0.31	-0.08

Relative strength over 90 days: FARTCOIN outperformed LOA by 45.6% — measured on the LOA/FARTCOIN ratio, so it holds regardless of market direction.

Law Of Attraction →Fartcoin →