The Black Bull vs Fartcoin

Fartcoin (FARTCOIN) is 6.6× the size of The Black Bull (ANSEM) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 57.0 percentage points (ANSEM -73.8% against FARTCOIN -16.8%). Their daily returns move closely together (correlation 0.78 across 53 shared trading days). ANSEM has been the more volatile of the two, at 217% annualised against FARTCOIN's 156%.

Correlation: 0.78
Size ratio: 1 : 6.6
Ahead over 30 days: FARTCOIN

The Black BullANSEM

$0.043162

24h: +6.52%
Market cap: $18.09M
Volume 24h: $2.40M
Volatility (ann.): 217%

FartcoinFARTCOIN

$0.119847

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

ANSEM 13.1%Share of the two combined market caps86.9% FARTCOIN

Performance

ANSEMFARTCOIN

7 days-37.74%-8.30%FARTCOIN
30 days-73.75%-16.75%FARTCOIN

Correlation

0.78over 53 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7890d: 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	ANSEM	FARTCOIN
Max drawdown (400d)	-89.6%	-46.0%
Risk-adjusted return (90d)	-0.38	-0.11

Relative strength over 90 days: FARTCOIN outperformed ANSEM by 76.7% — measured on the ANSEM/FARTCOIN ratio, so it holds regardless of market direction.

The Black Bull →Fartcoin →