World Strategic Oil Supply vs Fartcoin

Fartcoin (FARTCOIN) is 6603.0× the size of World Strategic Oil Supply (WSOS) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 87.6 percentage points (WSOS -99.4% against FARTCOIN -11.9%). Their daily returns move barely in opposite directions (correlation -0.08 across 23 shared trading days). WSOS has been the more volatile of the two, at 743% annualised against FARTCOIN's 155%.

Correlation: -0.08
Size ratio: 1 : 6603.0
Ahead over 30 days: FARTCOIN

World Strategic Oil SupplyWSOS

$1.893e-5

24h: -29.91%
Market cap: $18,929
Volume 24h: $4,295
Volatility (ann.): 743%

FartcoinFARTCOIN

$0.125002

24h: +6.67%
Market cap: $124.99M
Volume 24h: $17.56M
Volatility (ann.): 155%

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

Performance

WSOSFARTCOIN

7 days-24.87%-6.26%FARTCOIN
30 days-99.43%-11.87%FARTCOIN

Correlation

-0.08over 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	WSOS	FARTCOIN
Max drawdown (400d)	-99.7%	-46.0%
Risk-adjusted return (90d)	-0.13	-0.08

Relative strength over 90 days: FARTCOIN outperformed WSOS by 16.6% — measured on the WSOS/FARTCOIN ratio, so it holds regardless of market direction.

World Strategic Oil Supply →Fartcoin →