The Petros Token vs Fartcoin

Fartcoin (FARTCOIN) is 1171.1× the size of The Petros Token ($TPT) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 16.6 percentage points ($TPT -28.5% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.36 across 23 shared trading days). Both have run at a similar volatility, around 147% annualised.

Correlation: 0.36
Size ratio: 1 : 1171.1
Ahead over 30 days: FARTCOIN

The Petros Token$TPT

$0.001388

24h: -10.23%
Market cap: $95,708
Volume 24h: $1,110
Volatility (ann.): 140%

FartcoinFARTCOIN

$0.112089

24h: -13.15%
Market cap: $112.08M
Volume 24h: $13.37M
Volatility (ann.): 155%

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

Performance

$TPTFARTCOIN

7 days-17.80%-6.26%FARTCOIN
30 days-28.45%-11.87%FARTCOIN

Correlation

0.36over 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	$TPT	FARTCOIN
Max drawdown (400d)	-43.0%	-46.0%
Risk-adjusted return (90d)	-0.18	-0.08

Relative strength over 90 days: FARTCOIN outperformed $TPT by 4.5% — measured on the $TPT/FARTCOIN ratio, so it holds regardless of market direction.

The Petros Token →Fartcoin →