Official FO vs Fartcoin

Fartcoin (FARTCOIN) is 19.0× the size of Official FO (FO) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 58.2 percentage points (FO -75.0% against FARTCOIN -16.8%). Their daily returns move barely together (correlation 0.19 across 33 shared trading days). FO has been the more volatile of the two, at 194% annualised against FARTCOIN's 156%.

Correlation: 0.19
Size ratio: 1 : 19.0
Ahead over 30 days: FARTCOIN

Official FOFO

$0.057338

24h: +5.65%
Market cap: $6.69M
Volume 24h: $100,134
Volatility (ann.): 194%

FartcoinFARTCOIN

$0.127286

24h: +7.81%
Market cap: $127.27M
Volume 24h: $15.85M
Volatility (ann.): 156%

FO 5.0%Share of the two combined market caps95.0% FARTCOIN

Performance

FOFARTCOIN

7 days-22.80%-8.30%FARTCOIN
30 days-74.97%-16.75%FARTCOIN

Correlation

0.19over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	FO	FARTCOIN
Max drawdown (400d)	-81.9%	-46.0%
Risk-adjusted return (90d)	-0.41	-0.11

Relative strength over 90 days: FARTCOIN outperformed FO by 67.8% — measured on the FO/FARTCOIN ratio, so it holds regardless of market direction.

Official FO →Fartcoin →