CheckDot vs Rain

Rain (RAIN) is 20230.0× the size of CheckDot (CDT) by market capitalisation. Over the past 30 days, CDT is ahead by 39.3 percentage points (CDT -21.7% against RAIN -61.0%). Their daily returns move barely in opposite directions (correlation -0.19 across 23 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against CDT's 49%.

Correlation: -0.19
Size ratio: 1 : 20230.0
Ahead over 30 days: CDT

CheckDotCDT

$0.022069

24h: +2.98%
Market cap: $208,861
Volume 24h: $108
Volatility (ann.): 49%

RainRAIN

$0.005914

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

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

Performance

CDTRAIN

7 days-3.96%-11.68%CDT
30 days-21.67%-60.96%CDT

Correlation

-0.19over 23 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	CDT	RAIN
Max drawdown (400d)	-25.4%	-69.3%
Risk-adjusted return (90d)	-0.44	-0.40

Relative strength over 90 days: CDT outperformed RAIN by 35.8% — measured on the CDT/RAIN ratio, so it holds regardless of market direction.

CheckDot →Rain →