peg vs Fartcoin

Fartcoin (FARTCOIN) is 28907.4× the size of peg (PEG) by market capitalisation. Over the past 30 days, PEG is ahead by 79.2 percentage points (PEG +67.3% against FARTCOIN -11.9%). Their daily returns move barely in opposite directions (correlation -0.11 across 21 shared trading days). PEG has been the more volatile of the two, at 2406% annualised against FARTCOIN's 155%.

Correlation: -0.11
Size ratio: 1 : 28907.4
Ahead over 30 days: PEG

pegPEG

$4.280e-6

24h: —
Market cap: $4,281
Volume 24h: —
Volatility (ann.): 2406%

FartcoinFARTCOIN

$0.123758

24h: +0.74%
Market cap: $123.75M
Volume 24h: $15.37M
Volatility (ann.): 155%

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

Performance

PEGFARTCOIN

7 days-63.30%-6.26%FARTCOIN
30 days+67.33%-11.87%PEG

Correlation

-0.11over 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	PEG	FARTCOIN
Max drawdown (400d)	-84.0%	-46.0%
Risk-adjusted return (90d)	0.01	-0.08

Relative strength over 90 days: PEG outperformed FARTCOIN by 6.4% — measured on the PEG/FARTCOIN ratio, so it holds regardless of market direction.

peg →Fartcoin →