Alloca vs Rain

Rain (RAIN) is 143835.5× the size of Alloca (ALLOCA) by market capitalisation. Over the past 30 days, ALLOCA is ahead by 2.4 percentage points (ALLOCA -58.6% against RAIN -61.0%). Their daily returns move barely in opposite directions (correlation -0.32 across 21 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against ALLOCA's 104%.

Correlation: -0.32
Size ratio: 1 : 143835.5
Ahead over 30 days: ALLOCA

AllocaALLOCA

$0.000537

24h: +5.83%
Market cap: $30,227
Volume 24h: $11
Volatility (ann.): 104%

RainRAIN

$0.006086

24h: -0.83%
Market cap: $4.35B
Volume 24h: $13.62M
Volatility (ann.): 135%

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

Performance

ALLOCARAIN

7 days-19.30%-11.68%RAIN
30 days-58.57%-60.96%ALLOCA

Correlation

-0.32over 21 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	ALLOCA	RAIN
Max drawdown (400d)	-58.6%	-69.3%
Risk-adjusted return (90d)	-0.52	-0.40

Relative strength over 90 days: RAIN outperformed ALLOCA by 1.8% — measured on the ALLOCA/RAIN ratio, so it holds regardless of market direction.

Alloca →Rain →