The African Bull vs Fartcoin

Fartcoin (FARTCOIN) is 8599.7× the size of The African Bull (SUNUSI) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 30.4 percentage points (SUNUSI -52.4% against FARTCOIN -22.1%). Their daily returns move barely together (correlation 0.24 across 24 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against SUNUSI's 107%.

Correlation: 0.24
Size ratio: 1 : 8599.7
Ahead over 30 days: FARTCOIN

The African BullSUNUSI

$1.438e-5

24h: -2.08%
Market cap: $13,714
Volume 24h: $137
Volatility (ann.): 107%

FartcoinFARTCOIN

$0.117947

24h: -5.87%
Market cap: $117.94M
Volume 24h: $15.96M
Volatility (ann.): 155%

SUNUSI 0.0%Share of the two combined market caps100.0% FARTCOIN

Performance

SUNUSIFARTCOIN

7 days-4.87%-4.91%SUNUSI
30 days-52.43%-22.08%FARTCOIN

Correlation

0.24over 24 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	SUNUSI	FARTCOIN
Max drawdown (400d)	-57.6%	-47.4%
Risk-adjusted return (90d)	-0.54	-0.13

Relative strength over 90 days: FARTCOIN outperformed SUNUSI by 13.9% — measured on the SUNUSI/FARTCOIN ratio, so it holds regardless of market direction.

The African Bull →Fartcoin →