loom vs Fartcoin

Fartcoin (FARTCOIN) is 1496.0× the size of loom (LOOM) by market capitalisation. Over the past 30 days, LOOM is ahead by 6056.1 percentage points (LOOM +6039.4% against FARTCOIN -16.8%). Their daily returns move barely together (correlation 0.08 across 22 shared trading days). LOOM has been the more volatile of the two, at 34127% annualised against FARTCOIN's 156%.

Correlation: 0.08
Size ratio: 1 : 1496.0
Ahead over 30 days: LOOM

loomLOOM

$8.473e-5

24h: +4.02%
Market cap: $82,061
Volume 24h: $2,287
Volatility (ann.): 34127%

FartcoinFARTCOIN

$0.122775

24h: +5.94%
Market cap: $122.76M
Volume 24h: $11.89M
Volatility (ann.): 156%

LOOM 0.1%Share of the two combined market caps99.9% FARTCOIN

Performance

LOOMFARTCOIN

7 days+80.16%-8.30%LOOM
30 days+6039.37%-16.75%LOOM

Correlation

0.08over 22 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)	-98.8%	-46.0%
Risk-adjusted return (90d)	0.00	-0.11

Relative strength over 90 days: LOOM outperformed FARTCOIN by 77.5% — measured on the LOOM/FARTCOIN ratio, so it holds regardless of market direction.

loom →Fartcoin →