Memecoindao vs Fartcoin

Fartcoin (FARTCOIN) is 5925.1× the size of Memecoindao ($MEMES) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 1.3 percentage points ($MEMES -13.2% against FARTCOIN -11.9%). Their daily returns move closely together (correlation 0.68 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against $MEMES's 26%.

Correlation: 0.68
Size ratio: 1 : 5925.1
Ahead over 30 days: FARTCOIN

Memecoindao$MEMES

$0.000192

24h: +2.86%
Market cap: $19,224
Volume 24h: $392
Volatility (ann.): 26%

FartcoinFARTCOIN

$0.113916

24h: -8.70%
Market cap: $113.91M
Volume 24h: $15.21M
Volatility (ann.): 155%

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

Performance

$MEMESFARTCOIN

7 days-4.61%-6.26%$MEMES
30 days-13.21%-11.87%FARTCOIN

Correlation

0.68over 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	$MEMES	FARTCOIN
Max drawdown (400d)	-14.9%	-46.0%
Risk-adjusted return (90d)	-0.47	-0.08

Relative strength over 90 days: $MEMES outperformed FARTCOIN by 20.3% — measured on the $MEMES/FARTCOIN ratio, so it holds regardless of market direction.

Memecoindao →Fartcoin →