LOOM vs Fartcoin

Fartcoin (FARTCOIN) is 12012.5× the size of LOOM (LOOM) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 30.2 percentage points (LOOM -42.1% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.04 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against LOOM's 110%.

Correlation: 0.04
Size ratio: 1 : 12012.5
Ahead over 30 days: FARTCOIN

LOOMLOOM

$9.770e-6

24h: +6.89%
Market cap: $9,449
Volume 24h: $57
Volatility (ann.): 110%

FartcoinFARTCOIN

$0.113520

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

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

Performance

LOOMFARTCOIN

7 days-23.83%-6.26%FARTCOIN
30 days-42.08%-11.87%FARTCOIN

Correlation

0.04over 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	LOOM	FARTCOIN
Max drawdown (400d)	-50.2%	-46.0%
Risk-adjusted return (90d)	-0.44	-0.08

Relative strength over 90 days: FARTCOIN outperformed LOOM by 16.4% — measured on the LOOM/FARTCOIN ratio, so it holds regardless of market direction.

LOOM →Fartcoin →