Plumber vs Fartcoin

Fartcoin (FARTCOIN) is 6535.8× the size of Plumber (PLUMBER) by market capitalisation. Over the past 30 days, PLUMBER is ahead by 667.0 percentage points (PLUMBER +650.3% against FARTCOIN -16.8%). Their daily returns move barely together (correlation 0.11 across 21 shared trading days). PLUMBER has been the more volatile of the two, at 16834% annualised against FARTCOIN's 156%.

Correlation: 0.11
Size ratio: 1 : 6535.8
Ahead over 30 days: PLUMBER

PlumberPLUMBER

$2.024e-5

24h: +9.60%
Market cap: $19,331
Volume 24h: $710
Volatility (ann.): 16834%

FartcoinFARTCOIN

$0.126329

24h: +7.12%
Market cap: $126.34M
Volume 24h: $16.91M
Volatility (ann.): 156%

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

Performance

PLUMBERFARTCOIN

7 days-60.84%-8.30%FARTCOIN
30 days+650.29%-16.75%PLUMBER

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	PLUMBER	FARTCOIN
Max drawdown (400d)	-81.3%	-46.0%
Risk-adjusted return (90d)	0.04	-0.11

Relative strength over 90 days: PLUMBER outperformed FARTCOIN by 964.3% — measured on the PLUMBER/FARTCOIN ratio, so it holds regardless of market direction.

Plumber →Fartcoin →