DackieSwap [OLD] (DACKIE) and Rain (RAIN) compared side by side. Over the past 30 days, DACKIE is ahead by 49.4 percentage points (DACKIE -11.6% against RAIN -61.0%). Their daily returns move barely together (correlation 0.00 across 21 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against DACKIE's 73%.
DACKIERAIN
0.00over 21 shared trading days
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.
| Metric | DACKIE | RAIN |
|---|---|---|
| Max drawdown (400d) | -18.8% | -69.3% |
| Risk-adjusted return (90d) | -0.16 | -0.40 |
Relative strength over 90 days: DACKIE outperformed RAIN by 58.4% — measured on the DACKIE/RAIN ratio, so it holds regardless of market direction.