SUMMER vs Fartcoin

Fartcoin (FARTCOIN) is 527.2× the size of SUMMER (SUMMER) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 1.8 percentage points (SUMMER -18.6% against FARTCOIN -16.8%). Their daily returns move barely in opposite directions (correlation -0.22 across 22 shared trading days). SUMMER has been the more volatile of the two, at 331% annualised against FARTCOIN's 156%.

Correlation: -0.22
Size ratio: 1 : 527.2
Ahead over 30 days: FARTCOIN

SUMMERSUMMER

$0.000246

24h: +4.29%
Market cap: $246,332
Volume 24h: $1,622
Volatility (ann.): 331%

FartcoinFARTCOIN

$0.129880

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

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

Performance

SUMMERFARTCOIN

7 days-12.03%-8.30%FARTCOIN
30 days-18.57%-16.75%FARTCOIN

Correlation

-0.22over 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	SUMMER	FARTCOIN
Max drawdown (400d)	-43.2%	-46.0%
Risk-adjusted return (90d)	-0.07	-0.11

Relative strength over 90 days: SUMMER outperformed FARTCOIN by 16.4% — measured on the SUMMER/FARTCOIN ratio, so it holds regardless of market direction.

SUMMER →Fartcoin →