OwO Solana vs Fartcoin

Fartcoin (FARTCOIN) is 2602.8× the size of OwO Solana (OWO) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 56.6 percentage points (OWO -68.5% against FARTCOIN -11.9%). Their daily returns move barely in opposite directions (correlation -0.27 across 23 shared trading days). Both have run at a similar volatility, around 164% annualised.

Correlation: -0.27
Size ratio: 1 : 2602.8
Ahead over 30 days: FARTCOIN

OwO SolanaOWO

$4.643e-5

24h: +3.26%
Market cap: $43,611
Volume 24h: $55
Volatility (ann.): 173%

FartcoinFARTCOIN

$0.113520

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

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

Performance

OWOFARTCOIN

7 days-6.15%-6.26%OWO
30 days-68.52%-11.87%FARTCOIN

Correlation

-0.27over 23 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	OWO	FARTCOIN
Max drawdown (400d)	-71.3%	-46.0%
Risk-adjusted return (90d)	-0.34	-0.08

Relative strength over 90 days: FARTCOIN outperformed OWO by 26.7% — measured on the OWO/FARTCOIN ratio, so it holds regardless of market direction.

OwO Solana →Fartcoin →