Quantum Gospel vs Fartcoin

Fartcoin (FARTCOIN) is 6696.7× the size of Quantum Gospel (QOAT) by market capitalisation. Over the past 30 days, QOAT is ahead by 12.4 percentage points (QOAT +0.5% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.06 across 23 shared trading days). QOAT has been the more volatile of the two, at 480% annualised against FARTCOIN's 155%.

Correlation: 0.06
Size ratio: 1 : 6696.7
Ahead over 30 days: QOAT

Quantum GospelQOAT

$1.697e-5

24h: —
Market cap: $16,950
Volume 24h: $2
Volatility (ann.): 480%

FartcoinFARTCOIN

$0.113520

24h: -9.39%
Market cap: $113.51M
Volume 24h: $13.81M
Volatility (ann.): 155%

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

Performance

QOATFARTCOIN

7 days-14.75%-6.26%FARTCOIN
30 days+0.55%-11.87%QOAT

Correlation

0.06over 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	QOAT	FARTCOIN
Max drawdown (400d)	-64.4%	-46.0%
Risk-adjusted return (90d)	0.00	-0.08

Relative strength over 90 days: FARTCOIN outperformed QOAT by 6.2% — measured on the QOAT/FARTCOIN ratio, so it holds regardless of market direction.

Quantum Gospel →Fartcoin →