Ember Earn vs Rain

Rain (RAIN) is 3182.2× the size of Ember Earn (EEARN) by market capitalisation. Over the past 30 days, EEARN is ahead by 59.6 percentage points (EEARN +1.3% against RAIN -58.2%). Their daily returns move barely in opposite directions (correlation -0.23 across 26 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against EEARN's 6%.

Correlation: -0.23
Size ratio: 1 : 3182.2
Ahead over 30 days: EEARN

Ember EarnEEARN

$1.0550

24h: +0.02%
Market cap: $1.32M
Volume 24h: $46,204
Volatility (ann.): 6%

RainRAIN

$0.005876

24h: -6.69%
Market cap: $4.20B
Volume 24h: $12.93M
Volatility (ann.): 134%

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

Performance

EEARNRAIN

7 days+0.67%-8.29%EEARN
30 days+1.35%-58.25%EEARN

Correlation

-0.23over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2390d: 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	EEARN	RAIN
Max drawdown (400d)	-0.8%	-68.5%
Risk-adjusted return (90d)	0.21	-0.37

Relative strength over 90 days: EEARN outperformed RAIN by 158.4% — measured on the EEARN/RAIN ratio, so it holds regardless of market direction.

Ember Earn →Rain →