rexbt by Virtuals vs Fartcoin

Fartcoin (FARTCOIN) is 5430.3× the size of rexbt by Virtuals (REXBT) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 13.6 percentage points (REXBT -25.5% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.35 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against REXBT's 54%.

Correlation: 0.35
Size ratio: 1 : 5430.3
Ahead over 30 days: FARTCOIN

rexbt by VirtualsREXBT

$2.098e-5

24h: +2.65%
Market cap: $20,976
Volume 24h: $17
Volatility (ann.): 54%

FartcoinFARTCOIN

$0.113916

24h: -8.70%
Market cap: $113.91M
Volume 24h: $15.21M
Volatility (ann.): 155%

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

Performance

REXBTFARTCOIN

7 days-7.32%-6.26%FARTCOIN
30 days-25.48%-11.87%FARTCOIN

Correlation

0.35over 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	REXBT	FARTCOIN
Max drawdown (400d)	-26.9%	-46.0%
Risk-adjusted return (90d)	-0.41	-0.08

Relative strength over 90 days: REXBT outperformed FARTCOIN by 11.3% — measured on the REXBT/FARTCOIN ratio, so it holds regardless of market direction.

rexbt by Virtuals →Fartcoin →