nunu vs Fartcoin

Fartcoin (FARTCOIN) is 12472.5× the size of nunu (NUNU) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 17.3 percentage points (NUNU -29.2% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.08 across 20 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against NUNU's 45%.

Correlation: 0.08
Size ratio: 1 : 12472.5
Ahead over 30 days: FARTCOIN

nunuNUNU

$9.100e-6

24h: +2.96%
Market cap: $9,101
Volume 24h: $190
Volatility (ann.): 45%

FartcoinFARTCOIN

$0.113520

24h: -9.39%
Market cap: $113.51M
Volume 24h: $13.81M
Volatility (ann.): 155%

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

Performance

NUNUFARTCOIN

7 days-11.68%-6.26%FARTCOIN
30 days-29.22%-11.87%FARTCOIN

Correlation

0.08over 20 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	NUNU	FARTCOIN
Max drawdown (400d)	-29.2%	-46.0%
Risk-adjusted return (90d)	-0.63	-0.08

Relative strength over 90 days: NUNU outperformed FARTCOIN by 6.7% — measured on the NUNU/FARTCOIN ratio, so it holds regardless of market direction.

nunu →Fartcoin →