Evolve PRO vs Rain

Rain (RAIN) is 3338.3× the size of Evolve PRO (EVOP) by market capitalisation. Over the past 30 days, EVOP is ahead by 1592.9 percentage points (EVOP +1531.9% against RAIN -61.0%). Their daily returns move barely in opposite directions (correlation -0.05 across 22 shared trading days). EVOP has been the more volatile of the two, at 24374% annualised against RAIN's 135%.

Correlation: -0.05
Size ratio: 1 : 3338.3
Ahead over 30 days: EVOP

Evolve PROEVOP

$0.024974

24h: —
Market cap: $1.25M
Volume 24h: $95
Volatility (ann.): 24374%

RainRAIN

$0.005835

24h: -4.73%
Market cap: $4.17B
Volume 24h: $13.08M
Volatility (ann.): 135%

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

Performance

EVOPRAIN

7 days+2135.13%-11.68%EVOP
30 days+1531.93%-60.96%EVOP

Correlation

-0.05over 22 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	EVOP	RAIN
Max drawdown (400d)	-98.3%	-69.3%
Risk-adjusted return (90d)	0.06	-0.40

Relative strength over 90 days: EVOP outperformed RAIN by 5282.9% — measured on the EVOP/RAIN ratio, so it holds regardless of market direction.

Evolve PRO →Rain →