Pedro the Raccoon vs Fartcoin

Fartcoin (FARTCOIN) is 6080.9× the size of Pedro the Raccoon (PEDRO) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 12.6 percentage points (PEDRO -24.4% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.57 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against PEDRO's 49%.

Correlation: 0.57
Size ratio: 1 : 6080.9
Ahead over 30 days: FARTCOIN

Pedro the RaccoonPEDRO

$0.000193

24h: +3.49%
Market cap: $19,269
Volume 24h: $90
Volatility (ann.): 49%

FartcoinFARTCOIN

$0.117177

24h: -6.51%
Market cap: $117.18M
Volume 24h: $15.03M
Volatility (ann.): 155%

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

Performance

PEDROFARTCOIN

7 days-10.85%-6.26%FARTCOIN
30 days-24.44%-11.87%FARTCOIN

Correlation

0.57over 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	PEDRO	FARTCOIN
Max drawdown (400d)	-27.6%	-46.0%
Risk-adjusted return (90d)	-0.47	-0.08

Relative strength over 90 days: PEDRO outperformed FARTCOIN by 8.1% — measured on the PEDRO/FARTCOIN ratio, so it holds regardless of market direction.

Pedro the Raccoon →Fartcoin →