SAAR vs Fartcoin

Fartcoin (FARTCOIN) is 501.1× the size of SAAR (SAAR) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 50.1 percentage points (SAAR -66.9% against FARTCOIN -16.8%). Their daily returns move barely together (correlation 0.16 across 23 shared trading days). SAAR has been the more volatile of the two, at 563% annualised against FARTCOIN's 156%.

Correlation: 0.16
Size ratio: 1 : 501.1
Ahead over 30 days: FARTCOIN

SAARSAAR

$0.000267

24h: +24.91%
Market cap: $252,106
Volume 24h: $59,251
Volatility (ann.): 563%

FartcoinFARTCOIN

$0.126329

24h: +7.12%
Market cap: $126.34M
Volume 24h: $16.91M
Volatility (ann.): 156%

SAAR 0.2%Share of the two combined market caps99.8% FARTCOIN

Performance

SAARFARTCOIN

7 days-30.43%-8.30%FARTCOIN
30 days-66.86%-16.75%FARTCOIN

Correlation

0.16over 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	SAAR	FARTCOIN
Max drawdown (400d)	-90.9%	-46.0%
Risk-adjusted return (90d)	-0.13	-0.11

Relative strength over 90 days: FARTCOIN outperformed SAAR by 59.5% — measured on the SAAR/FARTCOIN ratio, so it holds regardless of market direction.

SAAR →Fartcoin →