APYSwap vs Rain

Rain (RAIN) is 39233.8× the size of APYSwap (APYS) by market capitalisation. Over the past 30 days, APYS is ahead by 78.0 percentage points (APYS +17.0% against RAIN -61.0%). Their daily returns move barely in opposite directions (correlation -0.07 across 21 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against APYS's 84%.

Correlation: -0.07
Size ratio: 1 : 39233.8
Ahead over 30 days: APYS

APYSwapAPYS

$0.002767

24h: +3.33%
Market cap: $110,368
Volume 24h: $473
Volatility (ann.): 84%

RainRAIN

$0.006061

24h: -2.26%
Market cap: $4.33B
Volume 24h: $13.58M
Volatility (ann.): 135%

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

Performance

APYSRAIN

7 days-19.55%-11.68%RAIN
30 days+17.02%-60.96%APYS

Correlation

-0.07over 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	APYS	RAIN
Max drawdown (400d)	-20.4%	-69.3%
Risk-adjusted return (90d)	0.34	-0.40

Relative strength over 90 days: APYS outperformed RAIN by 270.1% — measured on the APYS/RAIN ratio, so it holds regardless of market direction.

APYSwap →Rain →