We're the Same vs Fartcoin

Fartcoin (FARTCOIN) is 45107.4× the size of We're the Same (SAME) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 11.9 percentage points (SAME -23.7% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.49 across 20 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against SAME's 53%.

Correlation: 0.49
Size ratio: 1 : 45107.4
Ahead over 30 days: FARTCOIN

We're the SameSAME

$2.790e-6

24h: +4.40%
Market cap: $2,759
Volume 24h: $6
Volatility (ann.): 53%

FartcoinFARTCOIN

$0.124455

24h: +7.03%
Market cap: $124.44M
Volume 24h: $17.03M
Volatility (ann.): 155%

SAME 0.0%Share of the two combined market caps100.0% FARTCOIN

Performance

SAMEFARTCOIN

7 days-7.35%-6.26%FARTCOIN
30 days-23.74%-11.87%FARTCOIN

Correlation

0.49over 20 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	SAME	FARTCOIN
Max drawdown (400d)	-27.9%	-46.0%
Risk-adjusted return (90d)	-0.44	-0.08

Relative strength over 90 days: FARTCOIN outperformed SAME by 0.9% — measured on the SAME/FARTCOIN ratio, so it holds regardless of market direction.

We're the Same →Fartcoin →