Trump Oil Reserve vs Fartcoin

Fartcoin (FARTCOIN) is 962.2× the size of Trump Oil Reserve (OIL) by market capitalisation. Over the past 30 days, OIL is ahead by 59.5 percentage points (OIL +37.4% against FARTCOIN -22.1%). Their daily returns move barely together (correlation 0.03 across 24 shared trading days). OIL has been the more volatile of the two, at 205% annualised against FARTCOIN's 155%.

Correlation: 0.03
Size ratio: 1 : 962.2
Ahead over 30 days: OIL

Trump Oil ReserveOIL

$0.000122

24h: +1.99%
Market cap: $121,956
Volume 24h: $703
Volatility (ann.): 205%

FartcoinFARTCOIN

$0.117347

24h: +1.60%
Market cap: $117.34M
Volume 24h: $12.09M
Volatility (ann.): 155%

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

Performance

OILFARTCOIN

7 days-24.88%-4.91%FARTCOIN
30 days+37.44%-22.08%OIL

Correlation

0.03over 24 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	OIL	FARTCOIN
Max drawdown (400d)	-36.9%	-47.4%
Risk-adjusted return (90d)	0.54	-0.13

Relative strength over 90 days: OIL outperformed FARTCOIN by 41.3% — measured on the OIL/FARTCOIN ratio, so it holds regardless of market direction.

Trump Oil Reserve →Fartcoin →