You’ll Own Nothing and Be Happy vs Fartcoin

Fartcoin (FARTCOIN) is 825.0× the size of You’ll Own Nothing and Be Happy (NOTHING) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 40.9 percentage points (NOTHING -52.8% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.38 across 28 shared trading days). NOTHING has been the more volatile of the two, at 248% annualised against FARTCOIN's 155%.

Correlation: 0.38
Size ratio: 1 : 825.0
Ahead over 30 days: FARTCOIN

You’ll Own Nothing and Be HappyNOTHING

$0.000151

24h: +3.97%
Market cap: $150,970
Volume 24h: $28,499
Volatility (ann.): 248%

FartcoinFARTCOIN

$0.124557

24h: +3.26%
Market cap: $124.55M
Volume 24h: $15.89M
Volatility (ann.): 155%

NOTHING 0.1%Share of the two combined market caps99.9% FARTCOIN

Performance

NOTHINGFARTCOIN

7 days+0.95%-6.26%NOTHING
30 days-52.77%-11.87%FARTCOIN

Correlation

0.38over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3890d: 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	NOTHING	FARTCOIN
Max drawdown (400d)	-70.0%	-46.0%
Risk-adjusted return (90d)	-0.25	-0.08

Relative strength over 90 days: FARTCOIN outperformed NOTHING by 46.7% — measured on the NOTHING/FARTCOIN ratio, so it holds regardless of market direction.

You’ll Own Nothing and Be Happy →Fartcoin →