EverRise vs Rain

Rain (RAIN) is 306604.8× the size of EverRise (RISE) by market capitalisation. Over the past 30 days, RISE is ahead by 368.3 percentage points (RISE +310.1% against RAIN -58.2%). Their daily returns move barely together (correlation 0.30 across 26 shared trading days). RISE has been the more volatile of the two, at 23515% annualised against RAIN's 134%.

Correlation: 0.30
Size ratio: 1 : 306604.8
Ahead over 30 days: RISE

EverRiseRISE

$1.940e-7

24h: —
Market cap: $13,890
Volume 24h: —
Volatility (ann.): 23515%

RainRAIN

$0.005961

24h: -7.78%
Market cap: $4.26B
Volume 24h: $14.29M
Volatility (ann.): 134%

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

Performance

RISERAIN

7 days+312.70%-8.29%RISE
30 days+310.07%-58.25%RISE

Correlation

0.30over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3090d: 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	RISE	RAIN
Max drawdown (400d)	-98.8%	-68.5%
Risk-adjusted return (90d)	0.01	-0.37

Relative strength over 90 days: RISE outperformed RAIN by 941.6% — measured on the RISE/RAIN ratio, so it holds regardless of market direction.

EverRise →Rain →