RONNIE vs Fartcoin

Fartcoin (FARTCOIN) is 108.7× the size of RONNIE (RONNIE) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 83.1 percentage points (RONNIE -99.9% against FARTCOIN -16.8%). Their daily returns move closely together (correlation 0.69 across 24 shared trading days). RONNIE has been the more volatile of the two, at 349% annualised against FARTCOIN's 156%.

Correlation: 0.69
Size ratio: 1 : 108.7
Ahead over 30 days: FARTCOIN

RONNIERONNIE

$0.001129

24h: +0.02%
Market cap: $1.13M
Volume 24h: $171
Volatility (ann.): 349%

FartcoinFARTCOIN

$0.122775

24h: +5.94%
Market cap: $122.76M
Volume 24h: $11.89M
Volatility (ann.): 156%

RONNIE 0.9%Share of the two combined market caps99.1% FARTCOIN

Performance

RONNIEFARTCOIN

7 days-99.89%-8.30%FARTCOIN
30 days-99.89%-16.75%FARTCOIN

Correlation

0.69over 24 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	RONNIE	FARTCOIN
Max drawdown (400d)	-99.9%	-46.0%
Risk-adjusted return (90d)	-0.29	-0.11

Relative strength over 90 days: FARTCOIN outperformed RONNIE by 99.8% — measured on the RONNIE/FARTCOIN ratio, so it holds regardless of market direction.

RONNIE →Fartcoin →