Fartcoin (FARTCOIN) is 4066.8× the size of REGENT (REGENT) by market capitalisation. Their daily returns move very closely together (correlation 0.87 across 32 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against REGENT's 83%.
REGENTFARTCOIN
0.87over 32 shared trading days
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.
| Metric | REGENT | FARTCOIN |
|---|---|---|
| Max drawdown (400d) | -55.2% | -47.4% |
| Risk-adjusted return (90d) | 0.36 | -0.13 |
Relative strength over 90 days: REGENT outperformed FARTCOIN by 49.9% — measured on the REGENT/FARTCOIN ratio, so it holds regardless of market direction.