World Water Reserve vs Fartcoin

Fartcoin (FARTCOIN) is 15448.9× the size of World Water Reserve (WWR) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 83.1 percentage points (WWR -99.8% against FARTCOIN -16.8%). Their daily returns move barely together (correlation 0.22 across 29 shared trading days). WWR has been the more volatile of the two, at 426% annualised against FARTCOIN's 156%.

Correlation: 0.22
Size ratio: 1 : 15448.9
Ahead over 30 days: FARTCOIN

World Water ReserveWWR

$7.800e-6

24h: -0.09%
Market cap: $7,796
Volume 24h: $10
Volatility (ann.): 426%

FartcoinFARTCOIN

$0.120457

24h: +1.24%
Market cap: $120.45M
Volume 24h: $11.85M
Volatility (ann.): 156%

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

Performance

WWRFARTCOIN

7 days-66.29%-8.30%FARTCOIN
30 days-99.82%-16.75%FARTCOIN

Correlation

0.22over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	WWR	FARTCOIN
Max drawdown (400d)	-99.9%	-46.0%
Risk-adjusted return (90d)	-0.23	-0.11

Relative strength over 90 days: FARTCOIN outperformed WWR by 99.7% — measured on the WWR/FARTCOIN ratio, so it holds regardless of market direction.

World Water Reserve →Fartcoin →