no internet vs Fartcoin

Fartcoin (FARTCOIN) is 12088.6× the size of no internet (REX) by market capitalisation. Over the past 30 days, REX is ahead by 0.7 percentage points (REX -11.2% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.19 across 21 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against REX's 49%.

Correlation: 0.19
Size ratio: 1 : 12088.6
Ahead over 30 days: REX

no internetREX

$9.580e-6

24h: —
Market cap: $9,564
Volume 24h: $8
Volatility (ann.): 49%

FartcoinFARTCOIN

$0.115450

24h: -8.74%
Market cap: $115.62M
Volume 24h: $13.59M
Volatility (ann.): 155%

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

Performance

REXFARTCOIN

7 days-3.76%-6.26%REX
30 days-11.15%-11.87%REX

Correlation

0.19over 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	REX	FARTCOIN
Max drawdown (400d)	-15.9%	-46.0%
Risk-adjusted return (90d)	-0.20	-0.08

Relative strength over 90 days: REX outperformed FARTCOIN by 29.7% — measured on the REX/FARTCOIN ratio, so it holds regardless of market direction.

no internet →Fartcoin →