Success Kid vs Fartcoin

Fartcoin (FARTCOIN) is 1056.7× the size of Success Kid (SKID) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 17.0 percentage points (SKID -28.9% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.56 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against SKID's 58%.

Correlation: 0.56
Size ratio: 1 : 1056.7
Ahead over 30 days: FARTCOIN

Success KidSKID

$0.001318

24h: +4.45%
Market cap: $117,126
Volume 24h: $34
Volatility (ann.): 58%

FartcoinFARTCOIN

$0.123776

24h: +0.67%
Market cap: $123.77M
Volume 24h: $14.63M
Volatility (ann.): 155%

SKID 0.1%Share of the two combined market caps99.9% FARTCOIN

Performance

SKIDFARTCOIN

7 days+2.56%-6.26%SKID
30 days-28.88%-11.87%FARTCOIN

Correlation

0.56over 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	SKID	FARTCOIN
Max drawdown (400d)	-36.3%	-46.0%
Risk-adjusted return (90d)	-0.45	-0.08

Relative strength over 90 days: SKID outperformed FARTCOIN by 6.0% — measured on the SKID/FARTCOIN ratio, so it holds regardless of market direction.

Success Kid →Fartcoin →