Naked Jim vs Fartcoin

Fartcoin (FARTCOIN) is 800.6× the size of Naked Jim ($JIM) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 18.5 percentage points ($JIM -30.4% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.19 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against $JIM's 89%.

Correlation: 0.19
Size ratio: 1 : 800.6
Ahead over 30 days: FARTCOIN

Naked Jim$JIM

$0.000156

24h: —
Market cap: $155,557
Volume 24h: $154
Volatility (ann.): 89%

FartcoinFARTCOIN

$0.124557

24h: +3.26%
Market cap: $124.55M
Volume 24h: $15.89M
Volatility (ann.): 155%

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

Performance

$JIMFARTCOIN

7 days-10.77%-6.26%FARTCOIN
30 days-30.41%-11.87%FARTCOIN

Correlation

0.19over 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	$JIM	FARTCOIN
Max drawdown (400d)	-39.0%	-46.0%
Risk-adjusted return (90d)	-0.42	-0.08

Relative strength over 90 days: $JIM outperformed FARTCOIN by 11.6% — measured on the $JIM/FARTCOIN ratio, so it holds regardless of market direction.

Naked Jim →Fartcoin →