BANX vs Rain

Rain (RAIN) is 192129.4× the size of BANX (BANX) by market capitalisation. Over the past 30 days, RAIN is ahead by 43.3 percentage points (BANX -99.9% against RAIN -56.5%). Their daily returns move barely together (correlation 0.26 across 30 shared trading days). BANX has been the more volatile of the two, at 4246% annualised against RAIN's 134%.

Correlation: 0.26
Size ratio: 1 : 192129.4
Ahead over 30 days: RAIN

BANXBANX

$1.520e-6

24h: —
Market cap: $22,855
Volume 24h: —
Volatility (ann.): 4246%

RainRAIN

$0.006147

24h: +2.60%
Market cap: $4.39B
Volume 24h: $8.09M
Volatility (ann.): 134%

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

Performance

BANXRAIN

7 days-20.52%-7.92%RAIN
30 days-99.87%-56.54%RAIN

Correlation

0.26over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2690d: 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	BANX	RAIN
Max drawdown (400d)	-99.9%	-69.3%
Risk-adjusted return (90d)	-0.02	-0.39

Relative strength over 90 days: RAIN outperformed BANX by 99.7% — measured on the BANX/RAIN ratio, so it holds regardless of market direction.

BANX →Rain →