Ajna Protocol vs Rain

Rain (RAIN) is 5336.5× the size of Ajna Protocol (AJNA) by market capitalisation. Over the past 30 days, AJNA is ahead by 3.7 percentage points (AJNA -54.6% against RAIN -58.2%). Their daily returns move loosely together (correlation 0.55 across 28 shared trading days). AJNA has been the more volatile of the two, at 324% annualised against RAIN's 134%.

Correlation: 0.55
Size ratio: 1 : 5336.5
Ahead over 30 days: AJNA

Ajna ProtocolAJNA

$0.001022

24h: -1.13%
Market cap: $807,824
Volume 24h: $17
Volatility (ann.): 324%

RainRAIN

$0.006034

24h: -3.76%
Market cap: $4.31B
Volume 24h: $13.33M
Volatility (ann.): 134%

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

Performance

AJNARAIN

7 days-49.06%-8.29%RAIN
30 days-54.57%-58.25%AJNA

Correlation

0.55over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5590d: 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	AJNA	RAIN
Max drawdown (400d)	-75.9%	-68.5%
Risk-adjusted return (90d)	-0.19	-0.37

Relative strength over 90 days: RAIN outperformed AJNA by 0.4% — measured on the AJNA/RAIN ratio, so it holds regardless of market direction.

Ajna Protocol →Rain →