Qenis vs Fartcoin

Fartcoin (FARTCOIN) is 397.6× the size of Qenis (QENIS) by market capitalisation. Over the past 30 days, QENIS is ahead by 63.1 percentage points (QENIS +51.2% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.08 across 23 shared trading days). QENIS has been the more volatile of the two, at 569% annualised against FARTCOIN's 155%.

Correlation: 0.08
Size ratio: 1 : 397.6
Ahead over 30 days: QENIS

QenisQENIS

$0.000308

24h: -4.57%
Market cap: $296,950
Volume 24h: $13,307
Volatility (ann.): 569%

FartcoinFARTCOIN

$0.118091

24h: -3.66%
Market cap: $118.08M
Volume 24h: $14.20M
Volatility (ann.): 155%

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

Performance

QENISFARTCOIN

7 days+36.57%-6.26%QENIS
30 days+51.18%-11.87%QENIS

Correlation

0.08over 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	QENIS	FARTCOIN
Max drawdown (400d)	-63.9%	-46.0%
Risk-adjusted return (90d)	0.09	-0.08

Relative strength over 90 days: QENIS outperformed FARTCOIN by 172.7% — measured on the QENIS/FARTCOIN ratio, so it holds regardless of market direction.

Qenis →Fartcoin →