BNQ GLOBAL vs Rain

Rain (RAIN) is 4997.2× the size of BNQ GLOBAL (BNQ) by market capitalisation. Over the past 30 days, RAIN is ahead by 3.4 percentage points (BNQ -61.6% against RAIN -58.2%). Their daily returns move barely together (correlation 0.32 across 28 shared trading days). BNQ has been the more volatile of the two, at 159% annualised against RAIN's 134%.

Correlation: 0.32
Size ratio: 1 : 4997.2
Ahead over 30 days: RAIN

BNQ GLOBALBNQ

$0.000862

24h: -11.68%
Market cap: $861,648
Volume 24h: $3,621
Volatility (ann.): 159%

RainRAIN

$0.006027

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

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

Performance

BNQRAIN

7 days-7.34%-8.29%BNQ
30 days-61.65%-58.25%RAIN

Correlation

0.32over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	BNQ	RAIN
Max drawdown (400d)	-81.3%	-68.5%
Risk-adjusted return (90d)	-0.51	-0.37

Relative strength over 90 days: RAIN outperformed BNQ by 52.4% — measured on the BNQ/RAIN ratio, so it holds regardless of market direction.

BNQ GLOBAL →Rain →