Tanox vs Fartcoin

Fartcoin (FARTCOIN) is 997.3× the size of Tanox (LTX) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 63.0 percentage points (LTX -74.8% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.43 across 23 shared trading days). LTX has been the more volatile of the two, at 292% annualised against FARTCOIN's 155%.

Correlation: 0.43
Size ratio: 1 : 997.3
Ahead over 30 days: FARTCOIN

TanoxLTX

$1.550e-6

24h: +3.70%
Market cap: $124,252
Volume 24h: $185
Volatility (ann.): 292%

FartcoinFARTCOIN

$0.123931

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

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

Performance

LTXFARTCOIN

7 days+32.90%-6.26%LTX
30 days-74.84%-11.87%FARTCOIN

Correlation

0.43over 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	LTX	FARTCOIN
Max drawdown (400d)	-85.2%	-46.0%
Risk-adjusted return (90d)	-0.26	-0.08

Relative strength over 90 days: FARTCOIN outperformed LTX by 61.5% — measured on the LTX/FARTCOIN ratio, so it holds regardless of market direction.

Tanox →Fartcoin →