Flipr.bet vs Rain

Rain (RAIN) is 31978.1× the size of Flipr.bet (FLIPR) by market capitalisation. Over the past 30 days, FLIPR is ahead by 46.6 percentage points (FLIPR -14.3% against RAIN -61.0%). Their daily returns move loosely together (correlation 0.60 across 27 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against FLIPR's 72%.

Correlation: 0.60
Size ratio: 1 : 31978.1
Ahead over 30 days: FLIPR

Flipr.betFLIPR

$0.001892

24h: +7.56%
Market cap: $135,890
Volume 24h: $15,011
Volatility (ann.): 72%

RainRAIN

$0.006083

24h: -1.97%
Market cap: $4.35B
Volume 24h: $13.84M
Volatility (ann.): 135%

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

Performance

FLIPRRAIN

7 days-0.21%-11.68%FLIPR
30 days-14.33%-60.96%FLIPR

Correlation

0.60over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6090d: 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	FLIPR	RAIN
Max drawdown (400d)	-25.5%	-69.3%
Risk-adjusted return (90d)	-0.20	-0.40

Relative strength over 90 days: FLIPR outperformed RAIN by 135.7% — measured on the FLIPR/RAIN ratio, so it holds regardless of market direction.

Flipr.bet →Rain →