StupidCoin vs Fartcoin

Fartcoin (FARTCOIN) is 508.9× the size of StupidCoin (STUPID) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 24.3 percentage points (STUPID -36.2% against FARTCOIN -11.9%). Their daily returns move closely together (correlation 0.78 across 28 shared trading days). Both have run at a similar volatility, around 165% annualised.

Correlation: 0.78
Size ratio: 1 : 508.9
Ahead over 30 days: FARTCOIN

StupidCoinSTUPID

$0.000245

24h: +4.30%
Market cap: $243,517
Volume 24h: $28,447
Volatility (ann.): 175%

FartcoinFARTCOIN

$0.123931

24h: +2.43%
Market cap: $123.92M
Volume 24h: $15.50M
Volatility (ann.): 155%

STUPID 0.2%Share of the two combined market caps99.8% FARTCOIN

Performance

STUPIDFARTCOIN

7 days-0.25%-6.26%STUPID
30 days-36.16%-11.87%FARTCOIN

Correlation

0.78over 28 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	STUPID	FARTCOIN
Max drawdown (400d)	-54.3%	-46.0%
Risk-adjusted return (90d)	-0.21	-0.08

Relative strength over 90 days: FARTCOIN outperformed STUPID by 13.0% — measured on the STUPID/FARTCOIN ratio, so it holds regardless of market direction.

StupidCoin →Fartcoin →