xmas cult vs Fartcoin

Fartcoin (FARTCOIN) is 629.7× the size of xmas cult (XMAS) by market capitalisation. Over the past 30 days, XMAS is ahead by 158.5 percentage points (XMAS +146.6% against FARTCOIN -11.9%). Their daily returns move barely together (correlation 0.31 across 23 shared trading days). XMAS has been the more volatile of the two, at 222% annualised against FARTCOIN's 155%.

Correlation: 0.31
Size ratio: 1 : 629.7
Ahead over 30 days: XMAS

xmas cultXMAS

$0.000186

24h: +25.02%
Market cap: $181,897
Volume 24h: $9,208
Volatility (ann.): 222%

FartcoinFARTCOIN

$0.114543

24h: -8.64%
Market cap: $114.53M
Volume 24h: $14.01M
Volatility (ann.): 155%

XMAS 0.2%Share of the two combined market caps99.8% FARTCOIN

Performance

XMASFARTCOIN

7 days+139.54%-6.26%XMAS
30 days+146.62%-11.87%XMAS

Correlation

0.31over 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	XMAS	FARTCOIN
Max drawdown (400d)	-18.9%	-46.0%
Risk-adjusted return (90d)	1.02	-0.08

Relative strength over 90 days: XMAS outperformed FARTCOIN by 243.0% — measured on the XMAS/FARTCOIN ratio, so it holds regardless of market direction.

xmas cult →Fartcoin →