Wizard Gang vs Fartcoin

Fartcoin (FARTCOIN) is 1465.5× the size of Wizard Gang (WIZARD) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 2.2 percentage points (WIZARD -24.2% against FARTCOIN -22.1%). Their daily returns move loosely together (correlation 0.45 across 24 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against WIZARD's 64%.

Correlation: 0.45
Size ratio: 1 : 1465.5
Ahead over 30 days: FARTCOIN

Wizard GangWIZARD

$8.064e-5

24h: +1.70%
Market cap: $80,619
Volume 24h: $46
Volatility (ann.): 64%

FartcoinFARTCOIN

$0.118167

24h: +0.34%
Market cap: $118.14M
Volume 24h: $10.16M
Volatility (ann.): 155%

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

Performance

WIZARDFARTCOIN

7 days-3.29%-4.91%WIZARD
30 days-24.24%-22.08%FARTCOIN

Correlation

0.45over 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	WIZARD	FARTCOIN
Max drawdown (400d)	-26.4%	-47.4%
Risk-adjusted return (90d)	-0.38	-0.13

Relative strength over 90 days: WIZARD outperformed FARTCOIN by 17.9% — measured on the WIZARD/FARTCOIN ratio, so it holds regardless of market direction.

Wizard Gang →Fartcoin →