Moonvember vs Fartcoin

Fartcoin (FARTCOIN) is 7766.3× the size of Moonvember ($MVB) by market capitalisation. Over the past 30 days, $MVB is ahead by 19.5 percentage points ($MVB +7.7% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.05 across 23 shared trading days). $MVB has been the more volatile of the two, at 262% annualised against FARTCOIN's 155%.

Correlation: 0.05
Size ratio: 1 : 7766.3
Ahead over 30 days: $MVB

Moonvember$MVB

$0.000391

24h: +30.98%
Market cap: $14,667
Volume 24h: $1,204
Volatility (ann.): 262%

FartcoinFARTCOIN

$0.113916

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

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

Performance

$MVBFARTCOIN

7 days+16.35%-6.26%$MVB
30 days+7.67%-11.87%$MVB

Correlation

0.05over 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	$MVB	FARTCOIN
Max drawdown (400d)	-62.9%	-46.0%
Risk-adjusted return (90d)	-0.19	-0.08

Relative strength over 90 days: $MVB outperformed FARTCOIN by 53.3% — measured on the $MVB/FARTCOIN ratio, so it holds regardless of market direction.

Moonvember →Fartcoin →