TOESCOIN vs Fartcoin

Fartcoin (FARTCOIN) is 1852.3× the size of TOESCOIN (TOES) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 81.9 percentage points (TOES -98.7% against FARTCOIN -16.8%). Their daily returns move loosely in opposite directions (correlation -0.39 across 26 shared trading days). TOES has been the more volatile of the two, at 334% annualised against FARTCOIN's 156%.

Correlation: -0.39
Size ratio: 1 : 1852.3
Ahead over 30 days: FARTCOIN

TOESCOINTOES

$6.503e-5

24h: -1.32%
Market cap: $65,024
Volume 24h: $702
Volatility (ann.): 334%

FartcoinFARTCOIN

$0.120457

24h: +1.24%
Market cap: $120.45M
Volume 24h: $11.85M
Volatility (ann.): 156%

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

Performance

TOESFARTCOIN

7 days-68.20%-8.30%FARTCOIN
30 days-98.68%-16.75%FARTCOIN

Correlation

-0.39over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3990d: 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	TOES	FARTCOIN
Max drawdown (400d)	-99.0%	-46.0%
Risk-adjusted return (90d)	-0.30	-0.11

Relative strength over 90 days: FARTCOIN outperformed TOES by 98.4% — measured on the TOES/FARTCOIN ratio, so it holds regardless of market direction.

TOESCOIN →Fartcoin →