LIQUIDIOT vs Fartcoin

Fartcoin (FARTCOIN) is 2999.4× the size of LIQUIDIOT (IQUID) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 6.0 percentage points (IQUID -17.8% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.31 across 23 shared trading days). Both have run at a similar volatility, around 161% annualised.

Correlation: 0.31
Size ratio: 1 : 2999.4
Ahead over 30 days: FARTCOIN

LIQUIDIOTIQUID

$3.906e-5

24h: +2.59%
Market cap: $39,058
Volume 24h: $41
Volatility (ann.): 167%

FartcoinFARTCOIN

$0.117188

24h: -6.35%
Market cap: $117.15M
Volume 24h: $14.93M
Volatility (ann.): 155%

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

Performance

IQUIDFARTCOIN

7 days-13.02%-6.26%FARTCOIN
30 days-17.84%-11.87%FARTCOIN

Correlation

0.31over 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	IQUID	FARTCOIN
Max drawdown (400d)	-40.6%	-46.0%
Risk-adjusted return (90d)	-0.13	-0.08

Relative strength over 90 days: FARTCOIN outperformed IQUID by 0.6% — measured on the IQUID/FARTCOIN ratio, so it holds regardless of market direction.

LIQUIDIOT →Fartcoin →