Useless Coin vs Fartcoin

Useless Coin (USELESS) is 1.1× the size of Fartcoin (FARTCOIN) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 23.8 percentage points (USELESS -35.6% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.48 across 58 shared trading days). USELESS has been the more volatile of the two, at 286% annualised against FARTCOIN's 155%.

Correlation: 0.48
Size ratio: 1.1×
Ahead over 30 days: FARTCOIN

Useless CoinUSELESS

$0.140270

24h: +4.42%
Market cap: $140.26M
Volume 24h: $16.81M
Volatility (ann.): 286%

FartcoinFARTCOIN

$0.124557

24h: +3.26%
Market cap: $124.55M
Volume 24h: $15.89M
Volatility (ann.): 155%

USELESS 53.0%Share of the two combined market caps47.0% FARTCOIN

Performance

USELESSFARTCOIN

7 days-16.56%-6.26%FARTCOIN
30 days-35.65%-11.87%FARTCOIN

Correlation

0.48over 58 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7790d: 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	USELESS	FARTCOIN
Max drawdown (400d)	-58.8%	-46.0%
Risk-adjusted return (90d)	0.85	-0.08

Relative strength over 90 days: USELESS outperformed FARTCOIN by 296.1% — measured on the USELESS/FARTCOIN ratio, so it holds regardless of market direction.

Useless Coin →Fartcoin →