Concilium vs Rain

Rain (RAIN) is 6322.9× the size of Concilium (CONCILIUM) by market capitalisation. Over the past 30 days, CONCILIUM is ahead by 32.2 percentage points (CONCILIUM -26.1% against RAIN -58.2%). Their daily returns move barely together (correlation 0.33 across 28 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against CONCILIUM's 64%.

Correlation: 0.33
Size ratio: 1 : 6322.9
Ahead over 30 days: CONCILIUM

ConciliumCONCILIUM

$0.263753

24h: -1.71%
Market cap: $673,277
Volume 24h: $8,557
Volatility (ann.): 64%

RainRAIN

$0.005959

24h: -8.27%
Market cap: $4.26B
Volume 24h: $13.82M
Volatility (ann.): 134%

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

Performance

CONCILIUMRAIN

7 days-9.61%-8.29%RAIN
30 days-26.09%-58.25%CONCILIUM

Correlation

0.33over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	CONCILIUM	RAIN
Max drawdown (400d)	-34.0%	-68.5%
Risk-adjusted return (90d)	-0.53	-0.37

Relative strength over 90 days: CONCILIUM outperformed RAIN by 68.3% — measured on the CONCILIUM/RAIN ratio, so it holds regardless of market direction.

Concilium →Rain →