Sombrero Memes vs Fartcoin

Fartcoin (FARTCOIN) is 8651.6× the size of Sombrero Memes (SOMBRERO) by market capitalisation. Over the past 30 days, SOMBRERO is ahead by 5.9 percentage points (SOMBRERO -6.0% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.04 across 21 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against SOMBRERO's 57%.

Correlation: 0.04
Size ratio: 1 : 8651.6
Ahead over 30 days: SOMBRERO

Sombrero MemesSOMBRERO

$1.318e-5

24h: +0.01%
Market cap: $13,120
Volume 24h: $1
Volatility (ann.): 57%

FartcoinFARTCOIN

$0.113520

24h: -9.39%
Market cap: $113.51M
Volume 24h: $13.81M
Volatility (ann.): 155%

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

Performance

SOMBREROFARTCOIN

7 days-2.16%-6.26%SOMBRERO
30 days-5.96%-11.87%SOMBRERO

Correlation

0.04over 21 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	SOMBRERO	FARTCOIN
Max drawdown (400d)	-13.0%	-46.0%
Risk-adjusted return (90d)	-0.11	-0.08

Relative strength over 90 days: SOMBRERO outperformed FARTCOIN by 26.4% — measured on the SOMBRERO/FARTCOIN ratio, so it holds regardless of market direction.

Sombrero Memes →Fartcoin →