Ucan fix life in1day vs Fartcoin

Fartcoin (FARTCOIN) is 427.3× the size of Ucan fix life in1day (1) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 26.8 percentage points (1 -38.7% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.33 across 28 shared trading days). 1 has been the more volatile of the two, at 181% annualised against FARTCOIN's 155%.

Correlation: 0.33
Size ratio: 1 : 427.3
Ahead over 30 days: FARTCOIN

Ucan fix life in1day1

$0.000290

24h: -2.27%
Market cap: $290,025
Volume 24h: $1,324
Volatility (ann.): 181%

FartcoinFARTCOIN

$0.123931

24h: +2.43%
Market cap: $123.92M
Volume 24h: $15.50M
Volatility (ann.): 155%

1 0.2%Share of the two combined market caps99.8% FARTCOIN

Performance

1FARTCOIN

7 days-9.31%-6.26%FARTCOIN
30 days-38.66%-11.87%FARTCOIN

Correlation

0.33over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	1	FARTCOIN
Max drawdown (400d)	-55.0%	-46.0%
Risk-adjusted return (90d)	-0.17	-0.08

Relative strength over 90 days: FARTCOIN outperformed 1 by 5.2% — measured on the 1/FARTCOIN ratio, so it holds regardless of market direction.

Ucan fix life in1day →Fartcoin →