BinStarter vs Rain

Rain (RAIN) is 11376.8× the size of BinStarter (BSR) by market capitalisation. Over the past 30 days, BSR is ahead by 53.8 percentage points (BSR -7.2% against RAIN -61.0%). Their daily returns move barely in opposite directions (correlation -0.09 across 24 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against BSR's 37%.

Correlation: -0.09
Size ratio: 1 : 11376.8
Ahead over 30 days: BSR

BinStarterBSR

$0.006360

24h: +2.70%
Market cap: $371,395
Volume 24h: $768
Volatility (ann.): 37%

RainRAIN

$0.005914

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

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

Performance

BSRRAIN

7 days-3.67%-11.68%BSR
30 days-7.17%-60.96%BSR

Correlation

-0.09over 24 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	BSR	RAIN
Max drawdown (400d)	-10.7%	-69.3%
Risk-adjusted return (90d)	-0.16	-0.40

Relative strength over 90 days: BSR outperformed RAIN by 59.7% — measured on the BSR/RAIN ratio, so it holds regardless of market direction.

BinStarter →Rain →