Fartcoin (FARTCOIN) is 7401.4× the size of Shrubius Maximus (SHRUBIUS) by market capitalisation. Their daily returns move barely together (correlation 0.15 across 41 shared trading days). SHRUBIUS has been the more volatile of the two, at 196% annualised against FARTCOIN's 155%.
SHRUBIUSFARTCOIN
0.15over 41 shared trading days
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.
| Metric | SHRUBIUS | FARTCOIN |
|---|---|---|
| Max drawdown (400d) | -56.4% | -46.0% |
| Risk-adjusted return (90d) | 0.23 | -0.08 |
Relative strength over 90 days: SHRUBIUS outperformed FARTCOIN by 56.1% — measured on the SHRUBIUS/FARTCOIN ratio, so it holds regardless of market direction.