WAR [OLD] vs Fartcoin

Fartcoin (FARTCOIN) is 359.7× the size of WAR [OLD] (WAR) by market capitalisation. Over the past 30 days, WAR is ahead by 3.9 percentage points (WAR -18.1% against FARTCOIN -22.1%). Their daily returns move barely in opposite directions (correlation -0.28 across 24 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against WAR's 55%.

Correlation: -0.28
Size ratio: 1 : 359.7
Ahead over 30 days: WAR

WAR [OLD]WAR

$0.000334

24h: -21.97%
Market cap: $334,224
Volume 24h: $1,680
Volatility (ann.): 55%

FartcoinFARTCOIN

$0.120222

24h: -3.16%
Market cap: $120.21M
Volume 24h: $17.15M
Volatility (ann.): 155%

WAR 0.3%Share of the two combined market caps99.7% FARTCOIN

Performance

WARFARTCOIN

7 days+7.28%-4.91%WAR
30 days-18.13%-22.08%WAR

Correlation

-0.28over 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	WAR	FARTCOIN
Max drawdown (400d)	-25.1%	-47.4%
Risk-adjusted return (90d)	-0.34	-0.13

Relative strength over 90 days: WAR outperformed FARTCOIN by 18.1% — measured on the WAR/FARTCOIN ratio, so it holds regardless of market direction.

WAR [OLD] →Fartcoin →