SolAngeles vs Fartcoin

Fartcoin (FARTCOIN) is 281.8× the size of SolAngeles (SOLANGELES) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 14.2 percentage points (SOLANGELES -30.9% against FARTCOIN -16.8%). Their daily returns move closely together (correlation 0.78 across 29 shared trading days). SOLANGELES has been the more volatile of the two, at 315% annualised against FARTCOIN's 156%.

Correlation: 0.78
Size ratio: 1 : 281.8
Ahead over 30 days: FARTCOIN

SolAngelesSOLANGELES

$0.000461

24h: +1.62%
Market cap: $460,780
Volume 24h: $30,206
Volatility (ann.): 315%

FartcoinFARTCOIN

$0.129880

24h: +9.57%
Market cap: $129.87M
Volume 24h: $16.51M
Volatility (ann.): 156%

SOLANGELES 0.4%Share of the two combined market caps99.6% FARTCOIN

Performance

SOLANGELESFARTCOIN

7 days-3.33%-8.30%SOLANGELES
30 days-30.93%-16.75%FARTCOIN

Correlation

0.78over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7890d: 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	SOLANGELES	FARTCOIN
Max drawdown (400d)	-71.6%	-46.0%
Risk-adjusted return (90d)	-0.19	-0.11

Relative strength over 90 days: FARTCOIN outperformed SOLANGELES by 40.9% — measured on the SOLANGELES/FARTCOIN ratio, so it holds regardless of market direction.

SolAngeles →Fartcoin →