Murad vs Fartcoin

Fartcoin (FARTCOIN) is 1635.5× the size of Murad (MURAD) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 8.8 percentage points (MURAD -20.7% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.43 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against MURAD's 48%.

Correlation: 0.43
Size ratio: 1 : 1635.5
Ahead over 30 days: FARTCOIN

MuradMURAD

$7.434e-5

24h: +3.68%
Market cap: $74,305
Volume 24h: $30
Volatility (ann.): 48%

FartcoinFARTCOIN

$0.121535

24h: +0.81%
Market cap: $121.52M
Volume 24h: $14.78M
Volatility (ann.): 155%

MURAD 0.1%Share of the two combined market caps99.9% FARTCOIN

Performance

MURADFARTCOIN

7 days-4.57%-6.26%MURAD
30 days-20.66%-11.87%FARTCOIN

Correlation

0.43over 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	MURAD	FARTCOIN
Max drawdown (400d)	-25.0%	-46.0%
Risk-adjusted return (90d)	-0.42	-0.08

Relative strength over 90 days: MURAD outperformed FARTCOIN by 17.0% — measured on the MURAD/FARTCOIN ratio, so it holds regardless of market direction.

Murad →Fartcoin →