8lends vs Rain

Rain (RAIN) is 5879.9× the size of 8lends (8LNDS) by market capitalisation. Over the past 30 days, 8LNDS is ahead by 40.6 percentage points (8LNDS -17.7% against RAIN -58.2%). Their daily returns move barely together (correlation 0.30 across 24 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against 8LNDS's 47%.

Correlation: 0.30
Size ratio: 1 : 5879.9
Ahead over 30 days: 8LNDS

8lends8LNDS

$0.017035

24h: —
Market cap: $757,474
Volume 24h: —
Volatility (ann.): 47%

RainRAIN

$0.006234

24h: +0.50%
Market cap: $4.45B
Volume 24h: $14.97M
Volatility (ann.): 134%

8LNDS 0.0%Share of the two combined market caps100.0% RAIN

Performance

8LNDSRAIN

7 days-9.33%-8.29%RAIN
30 days-17.65%-58.25%8LNDS

Correlation

0.30over 24 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	8LNDS	RAIN
Max drawdown (400d)	-19.3%	-68.5%
Risk-adjusted return (90d)	-0.31	-0.37

Relative strength over 90 days: 8LNDS outperformed RAIN by 126.2% — measured on the 8LNDS/RAIN ratio, so it holds regardless of market direction.

8lends →Rain →