Xing Xing vs Fartcoin

Fartcoin (FARTCOIN) is 1221.4× the size of Xing Xing (XING) by market capitalisation. Over the past 30 days, XING is ahead by 18.9 percentage points (XING +7.0% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.52 across 23 shared trading days). XING has been the more volatile of the two, at 189% annualised against FARTCOIN's 155%.

Correlation: 0.52
Size ratio: 1 : 1221.4
Ahead over 30 days: XING

Xing XingXING

$9.699e-5

24h: +4.85%
Market cap: $95,933
Volume 24h: $10
Volatility (ann.): 189%

FartcoinFARTCOIN

$0.117177

24h: -6.51%
Market cap: $117.18M
Volume 24h: $15.03M
Volatility (ann.): 155%

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

Performance

XINGFARTCOIN

7 days-19.16%-6.26%FARTCOIN
30 days+7.04%-11.87%XING

Correlation

0.52over 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	XING	FARTCOIN
Max drawdown (400d)	-23.2%	-46.0%
Risk-adjusted return (90d)	0.05	-0.08

Relative strength over 90 days: XING outperformed FARTCOIN by 45.0% — measured on the XING/FARTCOIN ratio, so it holds regardless of market direction.

Xing Xing →Fartcoin →