RIBBIT vs Fartcoin

Fartcoin (FARTCOIN) is 394.9× the size of RIBBIT (RBT) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 22.0 percentage points (RBT -33.9% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.49 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against RBT's 79%.

Correlation: 0.49
Size ratio: 1 : 394.9
Ahead over 30 days: FARTCOIN

RIBBITRBT

$7.746e-7

24h: +11.09%
Market cap: $315,348
Volume 24h: $2,078
Volatility (ann.): 79%

FartcoinFARTCOIN

$0.124557

24h: +3.26%
Market cap: $124.55M
Volume 24h: $15.89M
Volatility (ann.): 155%

RBT 0.3%Share of the two combined market caps99.7% FARTCOIN

Performance

RBTFARTCOIN

7 days+0.47%-6.26%RBT
30 days-33.90%-11.87%FARTCOIN

Correlation

0.49over 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	RBT	FARTCOIN
Max drawdown (400d)	-40.6%	-46.0%
Risk-adjusted return (90d)	-0.39	-0.08

Relative strength over 90 days: RBT outperformed FARTCOIN by 10.9% — measured on the RBT/FARTCOIN ratio, so it holds regardless of market direction.

RIBBIT →Fartcoin →