Luminous vs Fartcoin

Fartcoin (FARTCOIN) is 633.4× the size of Luminous (LUM) by market capitalisation. Over the past 30 days, LUM is ahead by 6.8 percentage points (LUM -5.0% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.26 across 23 shared trading days). LUM has been the more volatile of the two, at 179% annualised against FARTCOIN's 155%.

Correlation: 0.26
Size ratio: 1 : 633.4
Ahead over 30 days: LUM

LuminousLUM

$0.186413

24h: +17.04%
Market cap: $186,418
Volume 24h: $1,747
Volatility (ann.): 179%

FartcoinFARTCOIN

$0.118091

24h: -3.66%
Market cap: $118.08M
Volume 24h: $14.20M
Volatility (ann.): 155%

LUM 0.2%Share of the two combined market caps99.8% FARTCOIN

Performance

LUMFARTCOIN

7 days+11.39%-6.26%LUM
30 days-5.03%-11.87%LUM

Correlation

0.26over 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	LUM	FARTCOIN
Max drawdown (400d)	-37.0%	-46.0%
Risk-adjusted return (90d)	-0.07	-0.08

Relative strength over 90 days: LUM outperformed FARTCOIN by 26.5% — measured on the LUM/FARTCOIN ratio, so it holds regardless of market direction.

Luminous →Fartcoin →