Fartcoin (FARTCOIN) is 7.4× the size of Tutorial (TUT) by market capitalisation. Their daily returns move loosely together (correlation 0.46 across 57 shared trading days). TUT has been the more volatile of the two, at 255% annualised against FARTCOIN's 156%.
TUTFARTCOIN
0.46over 57 shared trading days
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.
| Metric | TUT | FARTCOIN |
|---|---|---|
| Max drawdown (400d) | -92.0% | -46.0% |
| Risk-adjusted return (90d) | -0.08 | -0.11 |
| Best 30 days (past year) | +1638.0% | — |
| Worst 30 days (past year) | -88.0% | — |
Relative strength over 90 days: FARTCOIN outperformed TUT by 55.1% — measured on the TUT/FARTCOIN ratio, so it holds regardless of market direction.