SMOOTHIE.com vs Fake World Assets

Fake World Assets (FWA) is 157.3× the size of SMOOTHIE.com (SMOOTHIE.COM) by market capitalisation. Over the past 30 days, SMOOTHIE.COM is ahead by 64.0 percentage points (SMOOTHIE.COM +0.7% against FWA -63.3%). Their daily returns move barely in opposite directions (correlation -0.10 across 28 shared trading days). FWA has been the more volatile of the two, at 359% annualised against SMOOTHIE.COM's 15%.

Correlation: -0.10
Size ratio: 1 : 157.3
Ahead over 30 days: SMOOTHIE.COM

SMOOTHIE.comSMOOTHIE.COM

$0.216312

24h: +10.33%
Market cap: $31,674
Volume 24h: $11,604
Volatility (ann.): 15%

Fake World AssetsFWA

$0.005036

24h: +9.54%
Market cap: $4.98M
Volume 24h: $70,433
Volatility (ann.): 359%

SMOOTHIE.COM 0.6%Share of the two combined market caps99.4% FWA

Performance

SMOOTHIE.COMFWA

7 days+1.32%-28.32%SMOOTHIE.COM
30 days+0.69%-63.30%SMOOTHIE.COM

Correlation

-0.10over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	SMOOTHIE.COM	FWA
Max drawdown (400d)	-1.9%	-80.2%
Risk-adjusted return (90d)	0.05	-0.20

Relative strength over 90 days: FWA outperformed SMOOTHIE.COM by 29.1% — measured on the SMOOTHIE.COM/FWA ratio, so it holds regardless of market direction.

SMOOTHIE.com →Fake World Assets →