Mubarakah vs Fartcoin

Fartcoin (FARTCOIN) is 331.7× the size of Mubarakah (MUBARAKAH) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 15.0 percentage points (MUBARAKAH -26.9% against FARTCOIN -11.9%). Their daily returns move closely together (correlation 0.81 across 28 shared trading days). MUBARAKAH has been the more volatile of the two, at 186% annualised against FARTCOIN's 155%.

Correlation: 0.81
Size ratio: 1 : 331.7
Ahead over 30 days: FARTCOIN

MubarakahMUBARAKAH

$0.000375

24h: +5.32%
Market cap: $374,529
Volume 24h: $27,081
Volatility (ann.): 186%

FartcoinFARTCOIN

$0.124248

24h: +2.38%
Market cap: $124.24M
Volume 24h: $15.53M
Volatility (ann.): 155%

MUBARAKAH 0.3%Share of the two combined market caps99.7% FARTCOIN

Performance

MUBARAKAHFARTCOIN

7 days-11.03%-6.26%FARTCOIN
30 days-26.90%-11.87%FARTCOIN

Correlation

0.81over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8190d: 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	MUBARAKAH	FARTCOIN
Max drawdown (400d)	-47.1%	-46.0%
Risk-adjusted return (90d)	0.02	-0.08

Relative strength over 90 days: MUBARAKAH outperformed FARTCOIN by 41.1% — measured on the MUBARAKAH/FARTCOIN ratio, so it holds regardless of market direction.

Mubarakah →Fartcoin →