ARROWS vs Rain

Rain (RAIN) is 333385.0× the size of ARROWS (ARROWS) by market capitalisation. Over the past 30 days, RAIN is ahead by 23.7 percentage points (ARROWS -84.7% against RAIN -61.0%). Their daily returns move barely together (correlation 0.12 across 22 shared trading days). ARROWS has been the more volatile of the two, at 273% annualised against RAIN's 135%.

Correlation: 0.12
Size ratio: 1 : 333385.0
Ahead over 30 days: RAIN

ARROWSARROWS

$1.402e-5

24h: —
Market cap: $12,674
Volume 24h: $165
Volatility (ann.): 273%

RainRAIN

$0.005914

24h: -5.42%
Market cap: $4.23B
Volume 24h: $13.05M
Volatility (ann.): 135%

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

Performance

ARROWSRAIN

7 days-1.55%-11.68%ARROWS
30 days-84.70%-60.96%RAIN

Correlation

0.12over 22 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	ARROWS	RAIN
Max drawdown (400d)	-87.3%	-69.3%
Risk-adjusted return (90d)	-0.31	-0.40

Relative strength over 90 days: RAIN outperformed ARROWS by 12.9% — measured on the ARROWS/RAIN ratio, so it holds regardless of market direction.

ARROWS →Rain →