Scuba vs Fartcoin

Fartcoin (FARTCOIN) is 6145.3× the size of Scuba (SCUBA) by market capitalisation. Over the past 30 days, SCUBA is ahead by 5.0 percentage points (SCUBA -6.9% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.29 across 21 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against SCUBA's 51%.

Correlation: 0.29
Size ratio: 1 : 6145.3
Ahead over 30 days: SCUBA

ScubaSCUBA

$1.847e-5

24h: +4.03%
Market cap: $18,471
Volume 24h: $9
Volatility (ann.): 51%

FartcoinFARTCOIN

$0.113520

24h: -9.39%
Market cap: $113.51M
Volume 24h: $13.81M
Volatility (ann.): 155%

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

Performance

SCUBAFARTCOIN

7 days+4.76%-6.26%SCUBA
30 days-6.91%-11.87%SCUBA

Correlation

0.29over 21 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	SCUBA	FARTCOIN
Max drawdown (400d)	-17.7%	-46.0%
Risk-adjusted return (90d)	-0.11	-0.08

Relative strength over 90 days: SCUBA outperformed FARTCOIN by 24.6% — measured on the SCUBA/FARTCOIN ratio, so it holds regardless of market direction.

Scuba →Fartcoin →