Fodl Finance vs Rain

Rain (RAIN) is 36851.8× the size of Fodl Finance (FODL) by market capitalisation. Over the past 30 days, FODL is ahead by 50.3 percentage points (FODL -10.7% against RAIN -61.0%). Their daily returns move barely together (correlation 0.07 across 24 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against FODL's 30%.

Correlation: 0.07
Size ratio: 1 : 36851.8
Ahead over 30 days: FODL

Fodl FinanceFODL

$0.000296

24h: +2.61%
Market cap: $112,265
Volume 24h: $651
Volatility (ann.): 30%

RainRAIN

$0.005792

24h: -6.06%
Market cap: $4.14B
Volume 24h: $12.98M
Volatility (ann.): 135%

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

Performance

FODLRAIN

7 days+0.78%-11.68%FODL
30 days-10.69%-60.96%FODL

Correlation

0.07over 24 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	FODL	RAIN
Max drawdown (400d)	-13.6%	-69.3%
Risk-adjusted return (90d)	-0.37	-0.40

Relative strength over 90 days: FODL outperformed RAIN by 52.6% — measured on the FODL/RAIN ratio, so it holds regardless of market direction.

Fodl Finance →Rain →