Fartcoin (FARTCOIN) is 4116.1× the size of NAINCY (NAINCY) by market capitalisation. Their daily returns move closely together (correlation 0.73 across 32 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against NAINCY's 111%.
NAINCYFARTCOIN
0.73over 32 shared trading days
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.
| Metric | NAINCY | FARTCOIN |
|---|---|---|
| Max drawdown (400d) | -51.4% | -47.4% |
| Risk-adjusted return (90d) | -0.29 | -0.13 |
Relative strength over 90 days: FARTCOIN outperformed NAINCY by 1.2% — measured on the NAINCY/FARTCOIN ratio, so it holds regardless of market direction.