NO vs Fartcoin

Fartcoin (FARTCOIN) is 1397.1× the size of NO (NO) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 2.8 percentage points (NO -14.7% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.04 across 23 shared trading days). NO has been the more volatile of the two, at 262% annualised against FARTCOIN's 155%.

Correlation: 0.04
Size ratio: 1 : 1397.1
Ahead over 30 days: FARTCOIN

NONO

$8.220e-5

24h: +8.30%
Market cap: $82,182
Volume 24h: $2,018
Volatility (ann.): 262%

FartcoinFARTCOIN

$0.114829

24h: -11.41%
Market cap: $114.82M
Volume 24h: $12.90M
Volatility (ann.): 155%

NO 0.1%Share of the two combined market caps99.9% FARTCOIN

Performance

NOFARTCOIN

7 days-31.32%-6.26%FARTCOIN
30 days-14.67%-11.87%FARTCOIN

Correlation

0.04over 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	NO	FARTCOIN
Max drawdown (400d)	-62.7%	-46.0%
Risk-adjusted return (90d)	-0.03	-0.08

Relative strength over 90 days: FARTCOIN outperformed NO by 7.2% — measured on the NO/FARTCOIN ratio, so it holds regardless of market direction.

NO →Fartcoin →