Welcome Back Homie vs Fartcoin

Fartcoin (FARTCOIN) is 29155.5× the size of Welcome Back Homie (HOMIE) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 7.4 percentage points (HOMIE -19.3% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.48 across 20 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against HOMIE's 55%.

Correlation: 0.48
Size ratio: 1 : 29155.5
Ahead over 30 days: FARTCOIN

Welcome Back HomieHOMIE

$4.020e-6

24h: +2.64%
Market cap: $4,019
Volume 24h: $2
Volatility (ann.): 55%

FartcoinFARTCOIN

$0.117177

24h: -6.51%
Market cap: $117.18M
Volume 24h: $15.03M
Volatility (ann.): 155%

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

Performance

HOMIEFARTCOIN

7 days-9.37%-6.26%FARTCOIN
30 days-19.32%-11.87%FARTCOIN

Correlation

0.48over 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	HOMIE	FARTCOIN
Max drawdown (400d)	-25.2%	-46.0%
Risk-adjusted return (90d)	-0.35	-0.08

Relative strength over 90 days: HOMIE outperformed FARTCOIN by 6.7% — measured on the HOMIE/FARTCOIN ratio, so it holds regardless of market direction.

Welcome Back Homie →Fartcoin →