NEANDERTHAL vs Fartcoin

Fartcoin (FARTCOIN) is 25960.0× the size of NEANDERTHAL (NEAN) by market capitalisation. Over the past 30 days, NEAN is ahead by 13.9 percentage points (NEAN +2.0% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.15 across 21 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against NEAN's 49%.

Correlation: 0.15
Size ratio: 1 : 25960.0
Ahead over 30 days: NEAN

NEANDERTHALNEAN

$4.770e-6

24h: -0.24%
Market cap: $4,767
Volume 24h: $11
Volatility (ann.): 49%

FartcoinFARTCOIN

$0.123758

24h: +0.74%
Market cap: $123.75M
Volume 24h: $15.37M
Volatility (ann.): 155%

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

Performance

NEANFARTCOIN

7 days-6.78%-6.26%FARTCOIN
30 days+1.99%-11.87%NEAN

Correlation

0.15over 21 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	NEAN	FARTCOIN
Max drawdown (400d)	-11.7%	-46.0%
Risk-adjusted return (90d)	0.04	-0.08

Relative strength over 90 days: NEAN outperformed FARTCOIN by 15.2% — measured on the NEAN/FARTCOIN ratio, so it holds regardless of market direction.

NEANDERTHAL →Fartcoin →