MOONVEMBER vs Fartcoin

Fartcoin (FARTCOIN) is 16478.8× the size of MOONVEMBER (MOONVEMBER) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 64.4 percentage points (MOONVEMBER -76.3% against FARTCOIN -11.9%). Their daily returns move barely in opposite directions (correlation -0.15 across 22 shared trading days). MOONVEMBER has been the more volatile of the two, at 232% annualised against FARTCOIN's 155%.

Correlation: -0.15
Size ratio: 1 : 16478.8
Ahead over 30 days: FARTCOIN

MOONVEMBERMOONVEMBER

$7.020e-6

24h: +14.72%
Market cap: $7,007
Volume 24h: $649
Volatility (ann.): 232%

FartcoinFARTCOIN

$0.115489

24h: -7.86%
Market cap: $115.46M
Volume 24h: $14.28M
Volatility (ann.): 155%

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

Performance

MOONVEMBERFARTCOIN

7 days-61.36%-6.26%FARTCOIN
30 days-76.30%-11.87%FARTCOIN

Correlation

-0.15over 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	MOONVEMBER	FARTCOIN
Max drawdown (400d)	-78.1%	-46.0%
Risk-adjusted return (90d)	-0.33	-0.08

Relative strength over 90 days: FARTCOIN outperformed MOONVEMBER by 55.2% — measured on the MOONVEMBER/FARTCOIN ratio, so it holds regardless of market direction.

MOONVEMBER →Fartcoin →