The White Whale vs Fartcoin

Fartcoin (FARTCOIN) is 151.7× the size of The White Whale (WHITEWHALE) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 26.0 percentage points (WHITEWHALE -42.8% against FARTCOIN -16.8%). Their daily returns move barely in opposite directions (correlation -0.02 across 27 shared trading days). WHITEWHALE has been the more volatile of the two, at 72503% annualised against FARTCOIN's 156%.

Correlation: -0.02
Size ratio: 1 : 151.7
Ahead over 30 days: FARTCOIN

The White WhaleWHITEWHALE

$0.000793

24h: +0.41%
Market cap: $792,889
Volume 24h: $29,280
Volatility (ann.): 72503%

FartcoinFARTCOIN

$0.120362

24h: +1.36%
Market cap: $120.29M
Volume 24h: $11.83M
Volatility (ann.): 156%

WHITEWHALE 0.7%Share of the two combined market caps99.3% FARTCOIN

Performance

WHITEWHALEFARTCOIN

7 days+16.50%-8.30%WHITEWHALE
30 days-42.79%-16.75%FARTCOIN

Correlation

-0.02over 27 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	WHITEWHALE	FARTCOIN
Max drawdown (400d)	-99.8%	-46.0%
Risk-adjusted return (90d)	0.00	-0.11

Relative strength over 90 days: FARTCOIN outperformed WHITEWHALE by 13.1% — measured on the WHITEWHALE/FARTCOIN ratio, so it holds regardless of market direction.

The White Whale →Fartcoin →