Areal Finance vs Rain

Rain (RAIN) is 121570.8× the size of Areal Finance (ARL) by market capitalisation. Over the past 30 days, ARL is ahead by 98.5 percentage points (ARL +37.6% against RAIN -61.0%). Their daily returns move closely in opposite directions (correlation -0.70 across 26 shared trading days). ARL has been the more volatile of the two, at 500% annualised against RAIN's 135%.

Correlation: -0.70
Size ratio: 1 : 121570.8
Ahead over 30 days: ARL

Areal FinanceARL

$0.001945

24h: —
Market cap: $36,586
Volume 24h: $30
Volatility (ann.): 500%

RainRAIN

$0.006226

24h: +4.30%
Market cap: $4.45B
Volume 24h: $13.98M
Volatility (ann.): 135%

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

Performance

ARLRAIN

7 days+48.64%-11.68%ARL
30 days+37.58%-60.96%ARL

Correlation

-0.70over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.7090d: 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	ARL	RAIN
Max drawdown (400d)	-89.5%	-69.3%
Risk-adjusted return (90d)	-0.09	-0.40

Relative strength over 90 days: ARL outperformed RAIN by 225.2% — measured on the ARL/RAIN ratio, so it holds regardless of market direction.

Areal Finance →Rain →