Rich Quack vs Fartcoin

Fartcoin (FARTCOIN) is 102.3× the size of Rich Quack (QUACK) by market capitalisation. Over the past 30 days, QUACK is ahead by 5.7 percentage points (QUACK -11.0% against FARTCOIN -16.8%). Their daily returns move barely together (correlation 0.31 across 22 shared trading days). FARTCOIN has been the more volatile of the two, at 156% annualised against QUACK's 113%.

Correlation: 0.31
Size ratio: 1 : 102.3
Ahead over 30 days: QUACK

Rich QuackQUACK

$2.631e-11

24h: -3.91%
Market cap: $1.18M
Volume 24h: $44
Volatility (ann.): 113%

FartcoinFARTCOIN

$0.120527

24h: +1.92%
Market cap: $120.54M
Volume 24h: $11.86M
Volatility (ann.): 156%

QUACK 1.0%Share of the two combined market caps99.0% FARTCOIN

Performance

QUACKFARTCOIN

7 days-19.66%-8.30%FARTCOIN
30 days-11.04%-16.75%QUACK

Correlation

0.31over 22 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	QUACK	FARTCOIN
Max drawdown (400d)	-27.5%	-46.0%
Risk-adjusted return (90d)	-0.13	-0.11

Relative strength over 90 days: QUACK outperformed FARTCOIN by 0.1% — measured on the QUACK/FARTCOIN ratio, so it holds regardless of market direction.

Rich Quack →Fartcoin →