Rebirth and New Hope vs Fartcoin

Fartcoin (FARTCOIN) is 4427.1× the size of Rebirth and New Hope (REBIRTH) by market capitalisation. Over the past 30 days, REBIRTH is ahead by 4.2 percentage points (REBIRTH -17.9% against FARTCOIN -22.1%). Their daily returns move barely together (correlation 0.29 across 24 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against REBIRTH's 61%.

Correlation: 0.29
Size ratio: 1 : 4427.1
Ahead over 30 days: REBIRTH

Rebirth and New HopeREBIRTH

$2.671e-5

24h: -8.24%
Market cap: $26,505
Volume 24h: $378
Volatility (ann.): 61%

FartcoinFARTCOIN

$0.117347

24h: +1.60%
Market cap: $117.34M
Volume 24h: $12.09M
Volatility (ann.): 155%

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

Performance

REBIRTHFARTCOIN

7 days-12.38%-4.91%FARTCOIN
30 days-17.90%-22.08%REBIRTH

Correlation

0.29over 24 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	REBIRTH	FARTCOIN
Max drawdown (400d)	-20.1%	-47.4%
Risk-adjusted return (90d)	-0.30	-0.13

Relative strength over 90 days: REBIRTH outperformed FARTCOIN by 24.8% — measured on the REBIRTH/FARTCOIN ratio, so it holds regardless of market direction.

Rebirth and New Hope →Fartcoin →