SOLLE vs Fartcoin

Fartcoin (FARTCOIN) is 16131.5× the size of SOLLE (SOLLE) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 57.5 percentage points (SOLLE -79.6% against FARTCOIN -22.1%). Their daily returns move barely together (correlation 0.20 across 22 shared trading days). SOLLE has been the more volatile of the two, at 307% annualised against FARTCOIN's 155%.

Correlation: 0.20
Size ratio: 1 : 16131.5
Ahead over 30 days: FARTCOIN

SOLLESOLLE

$7.310e-6

24h: +1.00%
Market cap: $7,311
Volume 24h: $150
Volatility (ann.): 307%

FartcoinFARTCOIN

$0.117947

24h: -5.87%
Market cap: $117.94M
Volume 24h: $15.96M
Volatility (ann.): 155%

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

Performance

SOLLEFARTCOIN

7 days-15.08%-4.91%FARTCOIN
30 days-79.58%-22.08%FARTCOIN

Correlation

0.20over 22 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	SOLLE	FARTCOIN
Max drawdown (400d)	-81.4%	-47.4%
Risk-adjusted return (90d)	-0.26	-0.13

Relative strength over 90 days: SOLLE outperformed FARTCOIN by 33.6% — measured on the SOLLE/FARTCOIN ratio, so it holds regardless of market direction.

SOLLE →Fartcoin →