Moosecoin vs Fartcoin

Fartcoin (FARTCOIN) is 8300.5× the size of Moosecoin (MOOSE) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 5.1 percentage points (MOOSE -27.1% against FARTCOIN -22.1%). Their daily returns move barely together (correlation 0.33 across 21 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against MOOSE's 58%.

Correlation: 0.33
Size ratio: 1 : 8300.5
Ahead over 30 days: FARTCOIN

MoosecoinMOOSE

$1.423e-5

24h: —
Market cap: $14,208
Volume 24h: $15
Volatility (ann.): 58%

FartcoinFARTCOIN

$0.117947

24h: -5.87%
Market cap: $117.94M
Volume 24h: $15.96M
Volatility (ann.): 155%

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

Performance

MOOSEFARTCOIN

7 days-8.13%-4.91%FARTCOIN
30 days-27.14%-22.08%FARTCOIN

Correlation

0.33over 21 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	MOOSE	FARTCOIN
Max drawdown (400d)	-33.5%	-47.4%
Risk-adjusted return (90d)	-0.57	-0.13

Relative strength over 90 days: MOOSE outperformed FARTCOIN by 25.7% — measured on the MOOSE/FARTCOIN ratio, so it holds regardless of market direction.

Moosecoin →Fartcoin →