Sage Universe vs Fartcoin

Fartcoin (FARTCOIN) is 2350.1× the size of Sage Universe (SAGE) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 55.7 percentage points (SAGE -67.6% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.24 across 23 shared trading days). Both have run at a similar volatility, around 165% annualised.

Correlation: 0.24
Size ratio: 1 : 2350.1
Ahead over 30 days: FARTCOIN

Sage UniverseSAGE

$4.920e-5

24h: -5.15%
Market cap: $49,197
Volume 24h: $893
Volatility (ann.): 175%

FartcoinFARTCOIN

$0.115450

24h: -8.74%
Market cap: $115.62M
Volume 24h: $13.59M
Volatility (ann.): 155%

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

Performance

SAGEFARTCOIN

7 days-37.20%-6.26%FARTCOIN
30 days-67.61%-11.87%FARTCOIN

Correlation

0.24over 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	SAGE	FARTCOIN
Max drawdown (400d)	-68.2%	-46.0%
Risk-adjusted return (90d)	-0.35	-0.08

Relative strength over 90 days: FARTCOIN outperformed SAGE by 36.3% — measured on the SAGE/FARTCOIN ratio, so it holds regardless of market direction.

Sage Universe →Fartcoin →