PETRO PENGUINS vs Fartcoin

Fartcoin (FARTCOIN) is 163.2× the size of PETRO PENGUINS (PENGO) by market capitalisation. Over the past 30 days, PENGO is ahead by 65.5 percentage points (PENGO +48.7% against FARTCOIN -16.8%). Their daily returns move barely together (correlation 0.33 across 22 shared trading days). PENGO has been the more volatile of the two, at 180% annualised against FARTCOIN's 156%.

Correlation: 0.33
Size ratio: 1 : 163.2
Ahead over 30 days: PENGO

PETRO PENGUINSPENGO

$0.000736

24h: +12.95%
Market cap: $736,258
Volume 24h: $25,138
Volatility (ann.): 180%

FartcoinFARTCOIN

$0.120178

24h: +1.72%
Market cap: $120.13M
Volume 24h: $11.65M
Volatility (ann.): 156%

PENGO 0.6%Share of the two combined market caps99.4% FARTCOIN

Performance

PENGOFARTCOIN

7 days-0.30%-8.30%PENGO
30 days+48.70%-16.75%PENGO

Correlation

0.33over 22 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	PENGO	FARTCOIN
Max drawdown (400d)	-31.0%	-46.0%
Risk-adjusted return (90d)	0.27	-0.11

Relative strength over 90 days: PENGO outperformed FARTCOIN by 92.7% — measured on the PENGO/FARTCOIN ratio, so it holds regardless of market direction.

PETRO PENGUINS →Fartcoin →