Palu vs Fartcoin

Fartcoin (FARTCOIN) is 124.2× the size of Palu (PALU) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 21.2 percentage points (PALU -37.9% against FARTCOIN -16.8%). Their daily returns move barely together (correlation 0.21 across 29 shared trading days). PALU has been the more volatile of the two, at 201% annualised against FARTCOIN's 156%.

Correlation: 0.21
Size ratio: 1 : 124.2
Ahead over 30 days: FARTCOIN

PaluPALU

$0.001009

24h: -0.56%
Market cap: $1.01M
Volume 24h: $374,120
Volatility (ann.): 201%

FartcoinFARTCOIN

$0.125311

24h: +6.05%
Market cap: $125.31M
Volume 24h: $17.46M
Volatility (ann.): 156%

PALU 0.8%Share of the two combined market caps99.2% FARTCOIN

Performance

PALUFARTCOIN

7 days-18.78%-8.30%FARTCOIN
30 days-37.92%-16.75%FARTCOIN

Correlation

0.21over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	PALU	FARTCOIN
Max drawdown (400d)	-51.7%	-46.0%
Risk-adjusted return (90d)	-0.09	-0.11

Relative strength over 90 days: PALU outperformed FARTCOIN by 21.6% — measured on the PALU/FARTCOIN ratio, so it holds regardless of market direction.

Palu →Fartcoin →