Touch Grass vs Fartcoin

Fartcoin (FARTCOIN) is 327.5× the size of Touch Grass (TOUCHGRASS) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 6.6 percentage points (TOUCHGRASS -18.4% against FARTCOIN -11.9%). Their daily returns move closely together (correlation 0.71 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against TOUCHGRASS's 51%.

Correlation: 0.71
Size ratio: 1 : 327.5
Ahead over 30 days: FARTCOIN

Touch GrassTOUCHGRASS

$0.000394

24h: +4.16%
Market cap: $385,813
Volume 24h: $196
Volatility (ann.): 51%

FartcoinFARTCOIN

$0.126342

24h: +9.14%
Market cap: $126.36M
Volume 24h: $16.65M
Volatility (ann.): 155%

TOUCHGRASS 0.3%Share of the two combined market caps99.7% FARTCOIN

Performance

TOUCHGRASSFARTCOIN

7 days-3.76%-6.26%TOUCHGRASS
30 days-18.43%-11.87%FARTCOIN

Correlation

0.71over 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	TOUCHGRASS	FARTCOIN
Max drawdown (400d)	-24.6%	-46.0%
Risk-adjusted return (90d)	-0.28	-0.08

Relative strength over 90 days: TOUCHGRASS outperformed FARTCOIN by 16.7% — measured on the TOUCHGRASS/FARTCOIN ratio, so it holds regardless of market direction.

Touch Grass →Fartcoin →