The Runner vs Fartcoin

Fartcoin (FARTCOIN) is 7115.3× the size of The Runner (SAMBA) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 62.7 percentage points (SAMBA -74.6% against FARTCOIN -11.9%). Their daily returns move barely in opposite directions (correlation -0.27 across 22 shared trading days). SAMBA has been the more volatile of the two, at 362% annualised against FARTCOIN's 155%.

Correlation: -0.27
Size ratio: 1 : 7115.3
Ahead over 30 days: FARTCOIN

The RunnerSAMBA

$1.660e-5

24h: +25.38%
Market cap: $16,595
Volume 24h: $902
Volatility (ann.): 362%

FartcoinFARTCOIN

$0.118091

24h: -3.66%
Market cap: $118.08M
Volume 24h: $14.20M
Volatility (ann.): 155%

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

Performance

SAMBAFARTCOIN

7 days+3.10%-6.26%SAMBA
30 days-74.58%-11.87%FARTCOIN

Correlation

-0.27over 22 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	SAMBA	FARTCOIN
Max drawdown (400d)	-79.9%	-46.0%
Risk-adjusted return (90d)	-0.20	-0.08

Relative strength over 90 days: FARTCOIN outperformed SAMBA by 51.5% — measured on the SAMBA/FARTCOIN ratio, so it holds regardless of market direction.

The Runner →Fartcoin →