Bitcoin Bank vs Rain

Rain (RAIN) is 538095.8× the size of Bitcoin Bank (BTCBANK) by market capitalisation. Over the past 30 days, BTCBANK is ahead by 31.1 percentage points (BTCBANK -29.9% against RAIN -61.0%). Their daily returns move barely in opposite directions (correlation -0.07 across 24 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against BTCBANK's 64%.

Correlation: -0.07
Size ratio: 1 : 538095.8
Ahead over 30 days: BTCBANK

Bitcoin BankBTCBANK

$7.630e-6

24h: +3.15%
Market cap: $7,632
Volume 24h: $8
Volatility (ann.): 64%

RainRAIN

$0.005749

24h: -1.14%
Market cap: $4.11B
Volume 24h: $10.85M
Volatility (ann.): 135%

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

Performance

BTCBANKRAIN

7 days-5.33%-11.68%BTCBANK
30 days-29.88%-60.96%BTCBANK

Correlation

-0.07over 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	BTCBANK	RAIN
Max drawdown (400d)	-36.9%	-69.3%
Risk-adjusted return (90d)	-0.49	-0.40

Relative strength over 90 days: BTCBANK outperformed RAIN by 40.3% — measured on the BTCBANK/RAIN ratio, so it holds regardless of market direction.

Bitcoin Bank →Rain →