Fartcoin (FARTCOIN) is 5188.9× the size of Lets Get This Bread (LGTB) by market capitalisation. Their daily returns move very closely together (correlation 0.85 across 22 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against LGTB's 108%.
LGTBFARTCOIN
0.85over 22 shared trading days
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.
| Metric | LGTB | FARTCOIN |
|---|---|---|
| Max drawdown (400d) | -73.9% | -46.0% |
| Risk-adjusted return (90d) | 0.08 | -0.08 |
Relative strength over 90 days: LGTB outperformed FARTCOIN by 44.9% — measured on the LGTB/FARTCOIN ratio, so it holds regardless of market direction.