Pigeon Doctor vs Fartcoin

Fartcoin (FARTCOIN) is 5676.5× the size of Pigeon Doctor (PIGEON) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 48.0 percentage points (PIGEON -59.9% against FARTCOIN -11.9%). Their daily returns move closely together (correlation 0.63 across 23 shared trading days). Both have run at a similar volatility, around 150% annualised.

Correlation: 0.63
Size ratio: 1 : 5676.5
Ahead over 30 days: FARTCOIN

Pigeon DoctorPIGEON

$2.065e-5

24h: +1.06%
Market cap: $20,642
Volume 24h: $78
Volatility (ann.): 146%

FartcoinFARTCOIN

$0.117177

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

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

Performance

PIGEONFARTCOIN

7 days-29.67%-6.26%FARTCOIN
30 days-59.92%-11.87%FARTCOIN

Correlation

0.63over 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	PIGEON	FARTCOIN
Max drawdown (400d)	-62.0%	-46.0%
Risk-adjusted return (90d)	-0.40	-0.08

Relative strength over 90 days: FARTCOIN outperformed PIGEON by 40.4% — measured on the PIGEON/FARTCOIN ratio, so it holds regardless of market direction.

Pigeon Doctor →Fartcoin →