oil inu vs Fartcoin

Fartcoin (FARTCOIN) is 12242.5× the size of oil inu (OILINU) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 5.2 percentage points (OILINU -27.3% against FARTCOIN -22.1%). Their daily returns move barely together (correlation 0.18 across 24 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against OILINU's 84%.

Correlation: 0.18
Size ratio: 1 : 12242.5
Ahead over 30 days: FARTCOIN

oil inuOILINU

$9.570e-6

24h: +9.98%
Market cap: $9,565
Volume 24h: $313
Volatility (ann.): 84%

FartcoinFARTCOIN

$0.117140

24h: -6.07%
Market cap: $117.10M
Volume 24h: $15.86M
Volatility (ann.): 155%

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

Performance

OILINUFARTCOIN

7 days-23.54%-4.91%FARTCOIN
30 days-27.31%-22.08%FARTCOIN

Correlation

0.18over 24 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	OILINU	FARTCOIN
Max drawdown (400d)	-27.7%	-47.4%
Risk-adjusted return (90d)	-0.31	-0.13

Relative strength over 90 days: OILINU outperformed FARTCOIN by 16.8% — measured on the OILINU/FARTCOIN ratio, so it holds regardless of market direction.

oil inu →Fartcoin →