PINO vs Fartcoin

Fartcoin (FARTCOIN) is 314.5× the size of PINO (PINO) by market capitalisation. Over the past 30 days, PINO is ahead by 2273.7 percentage points (PINO +2256.9% against FARTCOIN -16.8%). Their daily returns move barely in opposite directions (correlation -0.20 across 22 shared trading days). PINO has been the more volatile of the two, at 42865% annualised against FARTCOIN's 156%.

Correlation: -0.20
Size ratio: 1 : 314.5
Ahead over 30 days: PINO

PINOPINO

$0.000392

24h: -0.44%
Market cap: $387,867
Volume 24h: $287
Volatility (ann.): 42865%

FartcoinFARTCOIN

$0.121999

24h: +2.19%
Market cap: $121.99M
Volume 24h: $11.72M
Volatility (ann.): 156%

PINO 0.3%Share of the two combined market caps99.7% FARTCOIN

Performance

PINOFARTCOIN

7 days-72.99%-8.30%FARTCOIN
30 days+2256.94%-16.75%PINO

Correlation

-0.20over 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	PINO	FARTCOIN
Max drawdown (400d)	-90.5%	-46.0%
Risk-adjusted return (90d)	0.01	-0.11

Relative strength over 90 days: PINO outperformed FARTCOIN by 3389.7% — measured on the PINO/FARTCOIN ratio, so it holds regardless of market direction.

PINO →Fartcoin →