Nothing vs Fartcoin

Fartcoin (FARTCOIN) is 3034.0× the size of Nothing (VOID) by market capitalisation. Over the past 30 days, VOID is ahead by 14.7 percentage points (VOID +2.8% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.14 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against VOID's 130%.

Correlation: 0.14
Size ratio: 1 : 3034.0
Ahead over 30 days: VOID

NothingVOID

$3.866e-5

24h: +4.16%
Market cap: $38,612
Volume 24h: $60
Volatility (ann.): 130%

FartcoinFARTCOIN

$0.117188

24h: -6.35%
Market cap: $117.15M
Volume 24h: $14.93M
Volatility (ann.): 155%

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

Performance

VOIDFARTCOIN

7 days-19.97%-6.26%FARTCOIN
30 days+2.84%-11.87%VOID

Correlation

0.14over 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	VOID	FARTCOIN
Max drawdown (400d)	-24.7%	-46.0%
Risk-adjusted return (90d)	0.03	-0.08

Relative strength over 90 days: VOID outperformed FARTCOIN by 47.5% — measured on the VOID/FARTCOIN ratio, so it holds regardless of market direction.

Nothing →Fartcoin →