Siren vs Fartcoin

Fartcoin (FARTCOIN) is 5.4× the size of Siren (SIREN) by market capitalisation. Over the past 30 days, SIREN is ahead by 3.1 percentage points (SIREN -13.6% against FARTCOIN -16.8%). Their daily returns move barely in opposite directions (correlation -0.22 across 34 shared trading days). SIREN has been the more volatile of the two, at 342% annualised against FARTCOIN's 156%.

Correlation: -0.22
Size ratio: 1 : 5.4
Ahead over 30 days: SIREN

SirenSIREN

$0.030756

24h: -6.29%
Market cap: $22.23M
Volume 24h: $1.43M
Volatility (ann.): 342%

FartcoinFARTCOIN

$0.120457

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

SIREN 15.6%Share of the two combined market caps84.4% FARTCOIN

Performance

SIRENFARTCOIN

7 days-28.01%-8.30%FARTCOIN
30 days-13.63%-16.75%SIREN

Correlation

-0.22over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2390d: 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	SIREN	FARTCOIN
Max drawdown (400d)	-39.3%	-46.0%
Risk-adjusted return (90d)	-0.04	-0.11

Relative strength over 90 days: SIREN outperformed FARTCOIN by 41.1% — measured on the SIREN/FARTCOIN ratio, so it holds regardless of market direction.

Siren →Fartcoin →