Libra vs Fartcoin

Fartcoin (FARTCOIN) is 164.9× the size of Libra (LIBRA) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 26.8 percentage points (LIBRA -43.5% against FARTCOIN -16.8%). Their daily returns move closely together (correlation 0.60 across 29 shared trading days). LIBRA has been the more volatile of the two, at 238% annualised against FARTCOIN's 156%.

Correlation: 0.60
Size ratio: 1 : 164.9
Ahead over 30 days: FARTCOIN

LibraLIBRA

$0.002487

24h: —
Market cap: $746,088
Volume 24h: $7
Volatility (ann.): 238%

FartcoinFARTCOIN

$0.123005

24h: +6.90%
Market cap: $123.00M
Volume 24h: $12.05M
Volatility (ann.): 156%

LIBRA 0.6%Share of the two combined market caps99.4% FARTCOIN

Performance

LIBRAFARTCOIN

7 days+1.71%-8.30%LIBRA
30 days-43.53%-16.75%FARTCOIN

Correlation

0.60over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6090d: 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	LIBRA	FARTCOIN
Max drawdown (400d)	-74.6%	-46.0%
Risk-adjusted return (90d)	-0.25	-0.11

Relative strength over 90 days: FARTCOIN outperformed LIBRA by 40.7% — measured on the LIBRA/FARTCOIN ratio, so it holds regardless of market direction.

Libra →Fartcoin →