Wobbles vs Fartcoin

Fartcoin (FARTCOIN) is 132.1× the size of Wobbles (WOBBLES) by market capitalisation. Over the past 30 days, WOBBLES is ahead by 86.5 percentage points (WOBBLES +69.8% against FARTCOIN -16.8%). Their daily returns move barely in opposite directions (correlation -0.02 across 29 shared trading days). WOBBLES has been the more volatile of the two, at 284% annualised against FARTCOIN's 156%.

Correlation: -0.02
Size ratio: 1 : 132.1
Ahead over 30 days: WOBBLES

WobblesWOBBLES

$0.000926

24h: +2.90%
Market cap: $923,130
Volume 24h: $13,919
Volatility (ann.): 284%

FartcoinFARTCOIN

$0.121999

24h: +2.19%
Market cap: $121.99M
Volume 24h: $11.72M
Volatility (ann.): 156%

WOBBLES 0.8%Share of the two combined market caps99.2% FARTCOIN

Performance

WOBBLESFARTCOIN

7 days+3.72%-8.30%WOBBLES
30 days+69.77%-16.75%WOBBLES

Correlation

-0.02over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0290d: 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	WOBBLES	FARTCOIN
Max drawdown (400d)	-32.5%	-46.0%
Risk-adjusted return (90d)	0.25	-0.11

Relative strength over 90 days: WOBBLES outperformed FARTCOIN by 154.2% — measured on the WOBBLES/FARTCOIN ratio, so it holds regardless of market direction.

Wobbles →Fartcoin →