Meat Proxy Official vs Fartcoin

Fartcoin (FARTCOIN) is 14610.7× the size of Meat Proxy Official (MEAT) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 2.3 percentage points (MEAT -14.2% against FARTCOIN -11.9%). Their daily returns move barely in opposite directions (correlation -0.03 across 22 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against MEAT's 132%.

Correlation: -0.03
Size ratio: 1 : 14610.7
Ahead over 30 days: FARTCOIN

Meat Proxy OfficialMEAT

$8.560e-6

24h: +5.48%
Market cap: $8,318
Volume 24h: $4
Volatility (ann.): 132%

FartcoinFARTCOIN

$0.121535

24h: +0.81%
Market cap: $121.52M
Volume 24h: $14.78M
Volatility (ann.): 155%

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

Performance

MEATFARTCOIN

7 days+1.16%-6.26%MEAT
30 days-14.19%-11.87%FARTCOIN

Correlation

-0.03over 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	MEAT	FARTCOIN
Max drawdown (400d)	-24.4%	-46.0%
Risk-adjusted return (90d)	-0.14	-0.08

Relative strength over 90 days: MEAT outperformed FARTCOIN by 24.8% — measured on the MEAT/FARTCOIN ratio, so it holds regardless of market direction.

Meat Proxy Official →Fartcoin →