Luce vs Fartcoin

Fartcoin (FARTCOIN) is 415.1× the size of Luce (LUCE) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 7.7 percentage points (LUCE -19.6% against FARTCOIN -11.9%). Their daily returns move very closely together (correlation 0.88 across 28 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against LUCE's 93%.

Correlation: 0.88
Size ratio: 1 : 415.1
Ahead over 30 days: FARTCOIN

LuceLUCE

$0.000298

24h: +5.67%
Market cap: $298,548
Volume 24h: $28,306
Volatility (ann.): 93%

FartcoinFARTCOIN

$0.123931

24h: +2.43%
Market cap: $123.92M
Volume 24h: $15.50M
Volatility (ann.): 155%

LUCE 0.2%Share of the two combined market caps99.8% FARTCOIN

Performance

LUCEFARTCOIN

7 days-7.16%-6.26%FARTCOIN
30 days-19.61%-11.87%FARTCOIN

Correlation

0.88over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8890d: 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	LUCE	FARTCOIN
Max drawdown (400d)	-33.9%	-46.0%
Risk-adjusted return (90d)	-0.21	-0.08

Relative strength over 90 days: LUCE outperformed FARTCOIN by 9.9% — measured on the LUCE/FARTCOIN ratio, so it holds regardless of market direction.

Luce →Fartcoin →