Looby by Stephen Bliss vs Fartcoin

Fartcoin (FARTCOIN) is 5192.9× the size of Looby by Stephen Bliss (LOOBY) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 69.2 percentage points (LOOBY -81.0% against FARTCOIN -11.9%). Their daily returns move barely in opposite directions (correlation -0.16 across 23 shared trading days). LOOBY has been the more volatile of the two, at 280% annualised against FARTCOIN's 155%.

Correlation: -0.16
Size ratio: 1 : 5192.9
Ahead over 30 days: FARTCOIN

Looby by Stephen BlissLOOBY

$2.186e-5

24h: -17.67%
Market cap: $21,859
Volume 24h: $2,856
Volatility (ann.): 280%

FartcoinFARTCOIN

$0.113520

24h: -9.39%
Market cap: $113.51M
Volume 24h: $13.81M
Volatility (ann.): 155%

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

Performance

LOOBYFARTCOIN

7 days-74.31%-6.26%FARTCOIN
30 days-81.03%-11.87%FARTCOIN

Correlation

-0.16over 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	LOOBY	FARTCOIN
Max drawdown (400d)	-86.1%	-46.0%
Risk-adjusted return (90d)	-0.29	-0.08

Relative strength over 90 days: FARTCOIN outperformed LOOBY by 78.2% — measured on the LOOBY/FARTCOIN ratio, so it holds regardless of market direction.

Looby by Stephen Bliss →Fartcoin →