Fartcoin (FARTCOIN) is 5156.2× the size of モモ太 (MOMOTA) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 11.0 percentage points (MOMOTA -24.6% against FARTCOIN -13.6%). Their daily returns move barely together (correlation 0.26 across 25 shared trading days). Both have run at a similar volatility, around 149% annualised.
MOMOTAFARTCOIN
0.26over 25 shared trading days
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.
| Metric | MOMOTA | FARTCOIN |
|---|---|---|
| Max drawdown (400d) | -40.4% | -47.4% |
| Risk-adjusted return (90d) | -0.19 | -0.12 |
Relative strength over 90 days: MOMOTA outperformed FARTCOIN by 6.0% — measured on the MOMOTA/FARTCOIN ratio, so it holds regardless of market direction.