Nasduck vs Fartcoin

Fartcoin (FARTCOIN) is 3397.1× the size of Nasduck (NASDUCK) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 63.0 percentage points (NASDUCK -79.8% against FARTCOIN -16.8%). Their daily returns move barely together (correlation 0.02 across 22 shared trading days). NASDUCK has been the more volatile of the two, at 218% annualised against FARTCOIN's 156%.

Correlation: 0.02
Size ratio: 1 : 3397.1
Ahead over 30 days: FARTCOIN

NasduckNASDUCK

$3.678e-5

24h: -5.51%
Market cap: $35,363
Volume 24h: $665
Volatility (ann.): 218%

FartcoinFARTCOIN

$0.120178

24h: +1.72%
Market cap: $120.13M
Volume 24h: $11.65M
Volatility (ann.): 156%

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

Performance

NASDUCKFARTCOIN

7 days-49.06%-8.30%FARTCOIN
30 days-79.76%-16.75%FARTCOIN

Correlation

0.02over 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	NASDUCK	FARTCOIN
Max drawdown (400d)	-85.0%	-46.0%
Risk-adjusted return (90d)	-0.39	-0.11

Relative strength over 90 days: FARTCOIN outperformed NASDUCK by 64.9% — measured on the NASDUCK/FARTCOIN ratio, so it holds regardless of market direction.

Nasduck →Fartcoin →