Forty Two DAO Token vs Rain

Rain (RAIN) is 23008.4× the size of Forty Two DAO Token (FTD) by market capitalisation. Over the past 30 days, FTD is ahead by 27.2 percentage points (FTD -33.8% against RAIN -61.0%). Their daily returns move barely together (correlation 0.03 across 23 shared trading days). Both have run at a similar volatility, around 145% annualised.

Correlation: 0.03
Size ratio: 1 : 23008.4
Ahead over 30 days: FTD

Forty Two DAO TokenFTD

$0.001836

24h: -0.61%
Market cap: $183,640
Volume 24h: $4
Volatility (ann.): 154%

RainRAIN

$0.005914

24h: -5.42%
Market cap: $4.23B
Volume 24h: $13.05M
Volatility (ann.): 135%

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

Performance

FTDRAIN

7 days-10.52%-11.68%FTD
30 days-33.79%-60.96%FTD

Correlation

0.03over 23 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	FTD	RAIN
Max drawdown (400d)	-49.7%	-69.3%
Risk-adjusted return (90d)	-0.22	-0.40

Relative strength over 90 days: FTD outperformed RAIN by 12.2% — measured on the FTD/RAIN ratio, so it holds regardless of market direction.

Forty Two DAO Token →Rain →