Omega vs Fartcoin

Fartcoin (FARTCOIN) is 4518.3× the size of Omega (OMEGA) by market capitalisation. Over the past 30 days, OMEGA is ahead by 15.4 percentage points (OMEGA -6.7% against FARTCOIN -22.1%). Their daily returns move barely together (correlation 0.13 across 21 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against OMEGA's 75%.

Correlation: 0.13
Size ratio: 1 : 4518.3
Ahead over 30 days: OMEGA

OmegaOMEGA

$2.611e-5

24h: —
Market cap: $26,102
Volume 24h: $18
Volatility (ann.): 75%

FartcoinFARTCOIN

$0.117947

24h: -5.87%
Market cap: $117.94M
Volume 24h: $15.96M
Volatility (ann.): 155%

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

Performance

OMEGAFARTCOIN

7 days+12.30%-4.91%OMEGA
30 days-6.69%-22.08%OMEGA

Correlation

0.13over 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	OMEGA	FARTCOIN
Max drawdown (400d)	-18.4%	-47.4%
Risk-adjusted return (90d)	-0.08	-0.13

Relative strength over 90 days: OMEGA outperformed FARTCOIN by 46.8% — measured on the OMEGA/FARTCOIN ratio, so it holds regardless of market direction.

Omega →Fartcoin →