Automatic Treasury Machine vs Rain

Rain (RAIN) is 740840.7× the size of Automatic Treasury Machine (ATM) by market capitalisation. Over the past 30 days, ATM is ahead by 38.2 percentage points (ATM -22.8% against RAIN -61.0%). Their daily returns move loosely in opposite directions (correlation -0.37 across 21 shared trading days). ATM has been the more volatile of the two, at 208% annualised against RAIN's 135%.

Correlation: -0.37
Size ratio: 1 : 740840.7
Ahead over 30 days: ATM

Automatic Treasury MachineATM

$5.910e-6

24h: -1.20%
Market cap: $5,879
Volume 24h: $4
Volatility (ann.): 208%

RainRAIN

$0.006110

24h: -1.89%
Market cap: $4.36B
Volume 24h: $13.89M
Volatility (ann.): 135%

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

Performance

ATMRAIN

7 days-5.10%-11.68%ATM
30 days-22.78%-60.96%ATM

Correlation

-0.37over 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	ATM	RAIN
Max drawdown (400d)	-32.2%	-69.3%
Risk-adjusted return (90d)	-0.10	-0.40

Relative strength over 90 days: ATM outperformed RAIN by 46.1% — measured on the ATM/RAIN ratio, so it holds regardless of market direction.

Automatic Treasury Machine →Rain →