Wise Monkey vs Fartcoin

Fartcoin (FARTCOIN) is 418.3× the size of Wise Monkey (MONKY) by market capitalisation. Over the past 30 days, MONKY is ahead by 1.4 percentage points (MONKY -10.5% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.27 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against MONKY's 42%.

Correlation: 0.27
Size ratio: 1 : 418.3
Ahead over 30 days: MONKY

Wise MonkeyMONKY

$3.503e-8

24h: +3.38%
Market cap: $297,713
Volume 24h: $73
Volatility (ann.): 42%

FartcoinFARTCOIN

$0.124557

24h: +3.26%
Market cap: $124.55M
Volume 24h: $15.89M
Volatility (ann.): 155%

MONKY 0.2%Share of the two combined market caps99.8% FARTCOIN

Performance

MONKYFARTCOIN

7 days-5.18%-6.26%MONKY
30 days-10.52%-11.87%MONKY

Correlation

0.27over 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	MONKY	FARTCOIN
Max drawdown (400d)	-12.9%	-46.0%
Risk-adjusted return (90d)	-0.19	-0.08

Relative strength over 90 days: MONKY outperformed FARTCOIN by 24.9% — measured on the MONKY/FARTCOIN ratio, so it holds regardless of market direction.

Wise Monkey →Fartcoin →