V2EX vs Fartcoin

Fartcoin (FARTCOIN) is 61.0× the size of V2EX (V2EX) by market capitalisation. Over the past 30 days, V2EX is ahead by 1.5 percentage points (V2EX -15.3% against FARTCOIN -16.8%). Their daily returns move very closely together (correlation 0.92 across 31 shared trading days). FARTCOIN has been the more volatile of the two, at 156% annualised against V2EX's 95%.

Correlation: 0.92
Size ratio: 1 : 61.0
Ahead over 30 days: V2EX

V2EXV2EX

$0.001970

24h: -1.07%
Market cap: $1.97M
Volume 24h: $525
Volatility (ann.): 95%

FartcoinFARTCOIN

$0.120178

24h: +1.72%
Market cap: $120.13M
Volume 24h: $11.65M
Volatility (ann.): 156%

V2EX 1.6%Share of the two combined market caps98.4% FARTCOIN

Performance

V2EXFARTCOIN

7 days-7.58%-8.30%V2EX
30 days-15.28%-16.75%V2EX

Correlation

0.92over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.9290d: 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	V2EX	FARTCOIN
Max drawdown (400d)	-31.4%	-46.0%
Risk-adjusted return (90d)	-0.22	-0.11

Relative strength over 90 days: V2EX outperformed FARTCOIN by 20.1% — measured on the V2EX/FARTCOIN ratio, so it holds regardless of market direction.

V2EX →Fartcoin →