RETURN TO MEMES vs Fartcoin

Fartcoin (FARTCOIN) is 976.3× the size of RETURN TO MEMES (RTM) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 33.5 percentage points (RTM -45.4% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.06 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against RTM's 123%.

Correlation: 0.06
Size ratio: 1 : 976.3
Ahead over 30 days: FARTCOIN

RETURN TO MEMESRTM

$0.000138

24h: -0.59%
Market cap: $126,773
Volume 24h: $6,312
Volatility (ann.): 123%

FartcoinFARTCOIN

$0.123776

24h: +0.67%
Market cap: $123.77M
Volume 24h: $14.63M
Volatility (ann.): 155%

RTM 0.1%Share of the two combined market caps99.9% FARTCOIN

Performance

RTMFARTCOIN

7 days-6.82%-6.26%FARTCOIN
30 days-45.42%-11.87%FARTCOIN

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	RTM	FARTCOIN
Max drawdown (400d)	-54.4%	-46.0%
Risk-adjusted return (90d)	-0.27	-0.08

Relative strength over 90 days: FARTCOIN outperformed RTM by 14.4% — measured on the RTM/FARTCOIN ratio, so it holds regardless of market direction.

RETURN TO MEMES →Fartcoin →