Weedcoin vs Fartcoin

Fartcoin (FARTCOIN) is 1161.0× the size of Weedcoin (WEEDCOIN) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 26.8 percentage points (WEEDCOIN -38.7% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.20 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against WEEDCOIN's 80%.

Correlation: 0.20
Size ratio: 1 : 1161.0
Ahead over 30 days: FARTCOIN

WeedcoinWEEDCOIN

$0.000105

24h: +6.10%
Market cap: $104,676
Volume 24h: $2,188
Volatility (ann.): 80%

FartcoinFARTCOIN

$0.121535

24h: +0.81%
Market cap: $121.52M
Volume 24h: $14.78M
Volatility (ann.): 155%

WEEDCOIN 0.1%Share of the two combined market caps99.9% FARTCOIN

Performance

WEEDCOINFARTCOIN

7 days-3.67%-6.26%WEEDCOIN
30 days-38.65%-11.87%FARTCOIN

Correlation

0.20over 23 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	WEEDCOIN	FARTCOIN
Max drawdown (400d)	-45.6%	-46.0%
Risk-adjusted return (90d)	-0.49	-0.08

Relative strength over 90 days: FARTCOIN outperformed WEEDCOIN by 13.4% — measured on the WEEDCOIN/FARTCOIN ratio, so it holds regardless of market direction.

Weedcoin →Fartcoin →