Shit Piss Skin Can vs Fartcoin

Fartcoin (FARTCOIN) is 755.3× the size of Shit Piss Skin Can (SPSC) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 12.1 percentage points (SPSC -23.9% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.04 across 28 shared trading days). SPSC has been the more volatile of the two, at 367% annualised against FARTCOIN's 155%.

Correlation: 0.04
Size ratio: 1 : 755.3
Ahead over 30 days: FARTCOIN

Shit Piss Skin CanSPSC

$0.000165

24h: -6.15%
Market cap: $164,907
Volume 24h: $29,803
Volatility (ann.): 367%

FartcoinFARTCOIN

$0.124557

24h: +3.26%
Market cap: $124.55M
Volume 24h: $15.89M
Volatility (ann.): 155%

SPSC 0.1%Share of the two combined market caps99.9% FARTCOIN

Performance

SPSCFARTCOIN

7 days-11.37%-6.26%FARTCOIN
30 days-23.94%-11.87%FARTCOIN

Correlation

0.04over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0490d: 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	SPSC	FARTCOIN
Max drawdown (400d)	-55.8%	-46.0%
Risk-adjusted return (90d)	0.00	-0.08

Relative strength over 90 days: SPSC outperformed FARTCOIN by 38.4% — measured on the SPSC/FARTCOIN ratio, so it holds regardless of market direction.

Shit Piss Skin Can →Fartcoin →