Tapcoin vs Fartcoin

Fartcoin (FARTCOIN) is 1073.5× the size of Tapcoin (TAP) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 38.2 percentage points (TAP -50.1% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.14 across 28 shared trading days). TAP has been the more volatile of the two, at 695% annualised against FARTCOIN's 155%.

Correlation: 0.14
Size ratio: 1 : 1073.5
Ahead over 30 days: FARTCOIN

TapcoinTAP

$0.000121

24h: +1.76%
Market cap: $115,985
Volume 24h: $421
Volatility (ann.): 695%

FartcoinFARTCOIN

$0.124528

24h: +7.35%
Market cap: $124.51M
Volume 24h: $17.32M
Volatility (ann.): 155%

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

Performance

TAPFARTCOIN

7 days-5.52%-6.26%TAP
30 days-50.12%-11.87%FARTCOIN

Correlation

0.14over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1490d: 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	TAP	FARTCOIN
Max drawdown (400d)	-86.5%	-46.0%
Risk-adjusted return (90d)	-0.09	-0.08

Relative strength over 90 days: FARTCOIN outperformed TAP by 57.2% — measured on the TAP/FARTCOIN ratio, so it holds regardless of market direction.

Tapcoin →Fartcoin →