SAFEMOON vs Fartcoin

Fartcoin (FARTCOIN) is 32321.6× the size of SAFEMOON (SFM) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 38.8 percentage points (SFM -50.7% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.40 across 27 shared trading days). SFM has been the more volatile of the two, at 438% annualised against FARTCOIN's 155%.

Correlation: 0.40
Size ratio: 1 : 32321.6
Ahead over 30 days: FARTCOIN

SAFEMOONSFM

$3.980e-6

24h: +2.41%
Market cap: $3,909
Volume 24h: $17
Volatility (ann.): 438%

FartcoinFARTCOIN

$0.126342

24h: +9.14%
Market cap: $126.36M
Volume 24h: $16.65M
Volatility (ann.): 155%

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

Performance

SFMFARTCOIN

7 days-38.93%-6.26%FARTCOIN
30 days-50.67%-11.87%FARTCOIN

Correlation

0.40over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 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	SFM	FARTCOIN
Max drawdown (400d)	-93.6%	-46.0%
Risk-adjusted return (90d)	-0.21	-0.08

Relative strength over 90 days: FARTCOIN outperformed SFM by 91.2% — measured on the SFM/FARTCOIN ratio, so it holds regardless of market direction.

SAFEMOON →Fartcoin →