Midterm Elections vs Fartcoin

Fartcoin (FARTCOIN) is 52065.2× the size of Midterm Elections (MIDTERMS) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 42.0 percentage points (MIDTERMS -53.9% against FARTCOIN -11.9%). Their daily returns move barely in opposite directions (correlation -0.21 across 20 shared trading days). Both have run at a similar volatility, around 158% annualised.

Correlation: -0.21
Size ratio: 1 : 52065.2
Ahead over 30 days: FARTCOIN

Midterm ElectionsMIDTERMS

$2.480e-6

24h: -19.64%
Market cap: $2,391
Volume 24h: $328
Volatility (ann.): 162%

FartcoinFARTCOIN

$0.124486

24h: +6.55%
Market cap: $124.48M
Volume 24h: $17.03M
Volatility (ann.): 155%

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

Performance

MIDTERMSFARTCOIN

7 days-49.16%-6.26%FARTCOIN
30 days-53.90%-11.87%FARTCOIN

Correlation

-0.21over 20 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	MIDTERMS	FARTCOIN
Max drawdown (400d)	-58.5%	-46.0%
Risk-adjusted return (90d)	-0.33	-0.08

Relative strength over 90 days: FARTCOIN outperformed MIDTERMS by 33.4% — measured on the MIDTERMS/FARTCOIN ratio, so it holds regardless of market direction.

Midterm Elections →Fartcoin →