Slerf [OLD] vs Fartcoin

Fartcoin (FARTCOIN) is 13.5× the size of Slerf [OLD] (SLERF) by market capitalisation. Over the past 30 days, SLERF is ahead by 8.5 percentage points (SLERF -8.3% against FARTCOIN -16.8%). Their daily returns move very closely together (correlation 0.92 across 33 shared trading days). FARTCOIN has been the more volatile of the two, at 156% annualised against SLERF's 80%.

Correlation: 0.92
Size ratio: 1 : 13.5
Ahead over 30 days: SLERF

Slerf [OLD]SLERF

$0.017885

24h: -0.41%
Market cap: $8.94M
Volume 24h: $200
Volatility (ann.): 80%

FartcoinFARTCOIN

$0.120527

24h: +1.92%
Market cap: $120.54M
Volume 24h: $11.86M
Volatility (ann.): 156%

SLERF 6.9%Share of the two combined market caps93.1% FARTCOIN

Performance

SLERFFARTCOIN

7 days-8.29%-8.30%SLERF
30 days-8.27%-16.75%SLERF

Correlation

0.92over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.9490d: 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	SLERF	FARTCOIN
Max drawdown (400d)	-26.6%	-46.0%
Risk-adjusted return (90d)	-0.12	-0.11

Relative strength over 90 days: SLERF outperformed FARTCOIN by 47.8% — measured on the SLERF/FARTCOIN ratio, so it holds regardless of market direction.

Slerf [OLD] →Fartcoin →