MPX6900 vs Fartcoin

Fartcoin (FARTCOIN) is 15013.1× the size of MPX6900 (MEME) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 8.4 percentage points (MEME -20.3% against FARTCOIN -11.9%). Their daily returns move closely together (correlation 0.65 across 22 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against MEME's 42%.

Correlation: 0.65
Size ratio: 1 : 15013.1
Ahead over 30 days: FARTCOIN

MPX6900MEME

$7.870e-6

24h: +3.59%
Market cap: $7,865
Volume 24h: $14
Volatility (ann.): 42%

FartcoinFARTCOIN

$0.118091

24h: -3.66%
Market cap: $118.08M
Volume 24h: $14.20M
Volatility (ann.): 155%

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

Performance

MEMEFARTCOIN

7 days-6.42%-6.26%FARTCOIN
30 days-20.25%-11.87%FARTCOIN

Correlation

0.65over 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	MEME	FARTCOIN
Max drawdown (400d)	-24.3%	-46.0%
Risk-adjusted return (90d)	-0.43	-0.08

Relative strength over 90 days: MEME outperformed FARTCOIN by 14.9% — measured on the MEME/FARTCOIN ratio, so it holds regardless of market direction.

MPX6900 →Fartcoin →