maxxing vs Fartcoin

Fartcoin (FARTCOIN) is 537.8× the size of maxxing (MAXXING) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 87.2 percentage points (MAXXING -99.1% against FARTCOIN -11.9%). Their daily returns move closely together (correlation 0.73 across 23 shared trading days). MAXXING has been the more volatile of the two, at 367% annualised against FARTCOIN's 155%.

Correlation: 0.73
Size ratio: 1 : 537.8
Ahead over 30 days: FARTCOIN

maxxingMAXXING

$0.000231

24h: +13.29%
Market cap: $230,745
Volume 24h: $34,648
Volatility (ann.): 367%

FartcoinFARTCOIN

$0.124179

24h: +1.27%
Market cap: $124.09M
Volume 24h: $15.04M
Volatility (ann.): 155%

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

Performance

MAXXINGFARTCOIN

7 days-98.95%-6.26%FARTCOIN
30 days-99.07%-11.87%FARTCOIN

Correlation

0.73over 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	MAXXING	FARTCOIN
Max drawdown (400d)	-99.2%	-46.0%
Risk-adjusted return (90d)	-0.27	-0.08

Relative strength over 90 days: FARTCOIN outperformed MAXXING by 98.8% — measured on the MAXXING/FARTCOIN ratio, so it holds regardless of market direction.

maxxing →Fartcoin →