Arrow vs Rain

Rain (RAIN) is 2309.8× the size of Arrow (ARROW) by market capitalisation. Over the past 30 days, RAIN is ahead by 41.8 percentage points (ARROW -100.0% against RAIN -58.2%). Their daily returns move loosely together (correlation 0.45 across 23 shared trading days). ARROW has been the more volatile of the two, at 606% annualised against RAIN's 134%.

Correlation: 0.45
Size ratio: 1 : 2309.8
Ahead over 30 days: RAIN

ArrowARROW

$0.200192

24h: -4.49%
Market cap: $1.80M
Volume 24h: $11,061
Volatility (ann.): 606%

RainRAIN

$0.005837

24h: -6.35%
Market cap: $4.17B
Volume 24h: $13.49M
Volatility (ann.): 134%

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

Performance

ARROWRAIN

7 days-100.00%-8.29%RAIN
30 days-100.00%-58.25%RAIN

Correlation

0.45over 23 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	ARROW	RAIN
Max drawdown (400d)	-100.0%	-68.5%
Risk-adjusted return (90d)	-0.17	-0.37

Relative strength over 90 days: RAIN outperformed ARROW by 100.0% — measured on the ARROW/RAIN ratio, so it holds regardless of market direction.

Arrow →Rain →