M3M3 vs Fartcoin

Fartcoin (FARTCOIN) is 1395.3× the size of M3M3 (M3M3) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 6.1 percentage points (M3M3 -28.2% against FARTCOIN -22.1%). Their daily returns move loosely together (correlation 0.37 across 24 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against M3M3's 50%.

Correlation: 0.37
Size ratio: 1 : 1395.3
Ahead over 30 days: FARTCOIN

M3M3M3M3

$8.615e-5

24h: -6.18%
Market cap: $86,152
Volume 24h: $34
Volatility (ann.): 50%

FartcoinFARTCOIN

$0.120222

24h: -3.16%
Market cap: $120.21M
Volume 24h: $17.15M
Volatility (ann.): 155%

M3M3 0.1%Share of the two combined market caps99.9% FARTCOIN

Performance

M3M3FARTCOIN

7 days-10.04%-4.91%FARTCOIN
30 days-28.19%-22.08%FARTCOIN

Correlation

0.37over 24 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	M3M3	FARTCOIN
Max drawdown (400d)	-30.3%	-47.4%
Risk-adjusted return (90d)	-0.58	-0.13

Relative strength over 90 days: M3M3 outperformed FARTCOIN by 14.7% — measured on the M3M3/FARTCOIN ratio, so it holds regardless of market direction.

M3M3 →Fartcoin →