Leo vs Fartcoin

Fartcoin (FARTCOIN) is 1899.4× the size of Leo (LEO) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 11.9 percentage points (LEO -23.8% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.23 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against LEO's 90%.

Correlation: 0.23
Size ratio: 1 : 1899.4
Ahead over 30 days: FARTCOIN

LeoLEO

$5.902e-5

24h: +3.96%
Market cap: $59,008
Volume 24h: $18
Volatility (ann.): 90%

FartcoinFARTCOIN

$0.112089

24h: -13.15%
Market cap: $112.08M
Volume 24h: $13.37M
Volatility (ann.): 155%

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

Performance

LEOFARTCOIN

7 days-12.45%-6.26%FARTCOIN
30 days-23.75%-11.87%FARTCOIN

Correlation

0.23over 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	LEO	FARTCOIN
Max drawdown (400d)	-33.4%	-46.0%
Risk-adjusted return (90d)	-0.34	-0.08

Relative strength over 90 days: LEO outperformed FARTCOIN by 20.6% — measured on the LEO/FARTCOIN ratio, so it holds regardless of market direction.

Leo →Fartcoin →