nothing vs Fartcoin

Fartcoin (FARTCOIN) is 19768.0× the size of nothing (NOTHING) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 12.7 percentage points (NOTHING -24.6% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.32 across 21 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against NOTHING's 44%.

Correlation: 0.32
Size ratio: 1 : 19768.0
Ahead over 30 days: FARTCOIN

nothingNOTHING

$5.980e-6

24h: +3.78%
Market cap: $5,973
Volume 24h: $9
Volatility (ann.): 44%

FartcoinFARTCOIN

$0.118091

24h: -3.66%
Market cap: $118.08M
Volume 24h: $14.20M
Volatility (ann.): 155%

NOTHING 0.0%Share of the two combined market caps100.0% FARTCOIN

Performance

NOTHINGFARTCOIN

7 days-8.90%-6.26%FARTCOIN
30 days-24.60%-11.87%FARTCOIN

Correlation

0.32over 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	NOTHING	FARTCOIN
Max drawdown (400d)	-26.7%	-46.0%
Risk-adjusted return (90d)	-0.55	-0.08

Relative strength over 90 days: NOTHING outperformed FARTCOIN by 8.7% — measured on the NOTHING/FARTCOIN ratio, so it holds regardless of market direction.

nothing →Fartcoin →