The Machine Economy vs Fartcoin

Fartcoin (FARTCOIN) is 1707.3× the size of The Machine Economy (TME) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 38.6 percentage points (TME -50.5% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.05 across 23 shared trading days). TME has been the more volatile of the two, at 223% annualised against FARTCOIN's 155%.

Correlation: 0.05
Size ratio: 1 : 1707.3
Ahead over 30 days: FARTCOIN

The Machine EconomyTME

$7.118e-5

24h: +5.54%
Market cap: $71,180
Volume 24h: $1,197
Volatility (ann.): 223%

FartcoinFARTCOIN

$0.121535

24h: +0.81%
Market cap: $121.52M
Volume 24h: $14.78M
Volatility (ann.): 155%

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

Performance

TMEFARTCOIN

7 days+25.16%-6.26%TME
30 days-50.52%-11.87%FARTCOIN

Correlation

0.05over 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	TME	FARTCOIN
Max drawdown (400d)	-68.7%	-46.0%
Risk-adjusted return (90d)	-0.24	-0.08

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

The Machine Economy →Fartcoin →