Solala vs Fartcoin

Fartcoin (FARTCOIN) is 11493.1× the size of Solala (SOLALA) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 3.8 percentage points (SOLALA -15.6% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.12 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against SOLALA's 80%.

Correlation: 0.12
Size ratio: 1 : 11493.1
Ahead over 30 days: FARTCOIN

SolalaSOLALA

$2.257e-5

24h: +4.42%
Market cap: $10,402
Volume 24h: $57
Volatility (ann.): 80%

FartcoinFARTCOIN

$0.119561

24h: -2.17%
Market cap: $119.55M
Volume 24h: $14.54M
Volatility (ann.): 155%

SOLALA 0.0%Share of the two combined market caps100.0% FARTCOIN

Performance

SOLALAFARTCOIN

7 days-4.04%-6.26%SOLALA
30 days-15.64%-11.87%FARTCOIN

Correlation

0.12over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SOLALA	FARTCOIN
Max drawdown (400d)	-18.8%	-46.0%
Risk-adjusted return (90d)	-0.15	-0.08

Relative strength over 90 days: SOLALA outperformed FARTCOIN by 18.9% — measured on the SOLALA/FARTCOIN ratio, so it holds regardless of market direction.

Solala →Fartcoin →