World Collective Oil Reserve vs Fartcoin

Fartcoin (FARTCOIN) is 1527.7× the size of World Collective Oil Reserve (WCOR) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 10.5 percentage points (WCOR -22.4% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.45 across 23 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against WCOR's 75%.

Correlation: 0.45
Size ratio: 1 : 1527.7
Ahead over 30 days: FARTCOIN

World Collective Oil ReserveWCOR

$7.568e-5

24h: -2.97%
Market cap: $75,678
Volume 24h: $206
Volatility (ann.): 75%

FartcoinFARTCOIN

$0.115450

24h: -8.74%
Market cap: $115.62M
Volume 24h: $13.59M
Volatility (ann.): 155%

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

Performance

WCORFARTCOIN

7 days-12.98%-6.26%FARTCOIN
30 days-22.41%-11.87%FARTCOIN

Correlation

0.45over 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	WCOR	FARTCOIN
Max drawdown (400d)	-23.7%	-46.0%
Risk-adjusted return (90d)	-0.09	-0.08

Relative strength over 90 days: WCOR outperformed FARTCOIN by 7.8% — measured on the WCOR/FARTCOIN ratio, so it holds regardless of market direction.

World Collective Oil Reserve →Fartcoin →