Beethoven X (Legacy) vs Rain

Rain (RAIN) is 2484.5× the size of Beethoven X (Legacy) (BEETS-LEGACY) by market capitalisation. Over the past 30 days, BEETS-LEGACY is ahead by 78.2 percentage points (BEETS-LEGACY +20.0% against RAIN -58.2%). Their daily returns move barely in opposite directions (correlation -0.31 across 27 shared trading days). BEETS-LEGACY has been the more volatile of the two, at 165% annualised against RAIN's 134%.

Correlation: -0.31
Size ratio: 1 : 2484.5
Ahead over 30 days: BEETS-LEGACY

Beethoven X (Legacy)BEETS-LEGACY

$0.007224

24h: -11.76%
Market cap: $1.73M
Volume 24h: $52
Volatility (ann.): 165%

RainRAIN

$0.006027

24h: -5.90%
Market cap: $4.31B
Volume 24h: $13.30M
Volatility (ann.): 134%

BEETS-LEGACY 0.0%Share of the two combined market caps100.0% RAIN

Performance

BEETS-LEGACYRAIN

7 days-18.56%-8.29%RAIN
30 days+19.97%-58.25%BEETS-LEGACY

Correlation

-0.31over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3190d: 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	BEETS-LEGACY	RAIN
Max drawdown (400d)	-25.4%	-68.5%
Risk-adjusted return (90d)	0.20	-0.37

Relative strength over 90 days: BEETS-LEGACY outperformed RAIN by 239.1% — measured on the BEETS-LEGACY/RAIN ratio, so it holds regardless of market direction.

Beethoven X (Legacy) →Rain →