Shoggoth vs Fartcoin

Fartcoin (FARTCOIN) is 167.5× the size of Shoggoth (SHOGGOTH) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 82.7 percentage points (SHOGGOTH -99.5% against FARTCOIN -16.8%). Their daily returns move barely together (correlation 0.06 across 28 shared trading days). SHOGGOTH has been the more volatile of the two, at 58055% annualised against FARTCOIN's 156%.

Correlation: 0.06
Size ratio: 1 : 167.5
Ahead over 30 days: FARTCOIN

ShoggothSHOGGOTH

$0.000719

24h: +3.80%
Market cap: $719,122
Volume 24h: $15,524
Volatility (ann.): 58055%

FartcoinFARTCOIN

$0.120457

24h: +1.24%
Market cap: $120.45M
Volume 24h: $11.85M
Volatility (ann.): 156%

SHOGGOTH 0.6%Share of the two combined market caps99.4% FARTCOIN

Performance

SHOGGOTHFARTCOIN

7 days-99.54%-8.30%FARTCOIN
30 days-99.47%-16.75%FARTCOIN

Correlation

0.06over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	SHOGGOTH	FARTCOIN
Max drawdown (400d)	-99.6%	-46.0%
Risk-adjusted return (90d)	0.00	-0.11

Relative strength over 90 days: FARTCOIN outperformed SHOGGOTH by 99.2% — measured on the SHOGGOTH/FARTCOIN ratio, so it holds regardless of market direction.

Shoggoth →Fartcoin →