ARMOR vs Rain

Rain (RAIN) is 30135.3× the size of ARMOR (ARMOR) by market capitalisation. Over the past 30 days, ARMOR is ahead by 52.0 percentage points (ARMOR -8.9% against RAIN -61.0%). Their daily returns move barely in opposite directions (correlation -0.24 across 24 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against ARMOR's 49%.

Correlation: -0.24
Size ratio: 1 : 30135.3
Ahead over 30 days: ARMOR

ARMORARMOR

$0.000204

24h: +4.74%
Market cap: $146,948
Volume 24h: $56
Volatility (ann.): 49%

RainRAIN

$0.006213

24h: -0.25%
Market cap: $4.43B
Volume 24h: $14.26M
Volatility (ann.): 135%

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

Performance

ARMORRAIN

7 days+2.58%-11.68%ARMOR
30 days-8.93%-60.96%ARMOR

Correlation

-0.24over 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	ARMOR	RAIN
Max drawdown (400d)	-16.3%	-69.3%
Risk-adjusted return (90d)	-0.18	-0.40

Relative strength over 90 days: ARMOR outperformed RAIN by 59.6% — measured on the ARMOR/RAIN ratio, so it holds regardless of market direction.

ARMOR →Rain →