The Bitcoin Bull vs Fartcoin

Fartcoin (FARTCOIN) is 32.1× the size of The Bitcoin Bull (TBB) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 37.8 percentage points (TBB -54.6% against FARTCOIN -16.8%). Their daily returns move barely in opposite directions (correlation -0.03 across 33 shared trading days). TBB has been the more volatile of the two, at 198% annualised against FARTCOIN's 156%.

Correlation: -0.03
Size ratio: 1 : 32.1
Ahead over 30 days: FARTCOIN

The Bitcoin BullTBB

$0.003729

24h: +3.62%
Market cap: $3.73M
Volume 24h: $32,518
Volatility (ann.): 198%

FartcoinFARTCOIN

$0.119847

24h: +1.70%
Market cap: $119.84M
Volume 24h: $11.77M
Volatility (ann.): 156%

TBB 3.0%Share of the two combined market caps97.0% FARTCOIN

Performance

TBBFARTCOIN

7 days-36.98%-8.30%FARTCOIN
30 days-54.56%-16.75%FARTCOIN

Correlation

-0.03over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0290d: 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	TBB	FARTCOIN
Max drawdown (400d)	-71.4%	-46.0%
Risk-adjusted return (90d)	-0.30	-0.11

Relative strength over 90 days: FARTCOIN outperformed TBB by 32.2% — measured on the TBB/FARTCOIN ratio, so it holds regardless of market direction.

The Bitcoin Bull →Fartcoin →