Galaxy USDT Quality vs Rain

Rain (RAIN) is 393.0× the size of Galaxy USDT Quality (ETH:GUSDTQ) by market capitalisation. Over the past 30 days, ETH:GUSDTQ is ahead by 61.3 percentage points (ETH:GUSDTQ +0.3% against RAIN -61.0%). Their daily returns move barely together (correlation 0.13 across 22 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against ETH:GUSDTQ's 2%.

Correlation: 0.13
Size ratio: 1 : 393.0
Ahead over 30 days: ETH:GUSDTQ

Galaxy USDT QualityETH:GUSDTQ

$1.0180

24h: +0.02%
Market cap: $10.87M
Volume 24h: —
Volatility (ann.): 2%

RainRAIN

$0.005979

24h: -7.72%
Market cap: $4.27B
Volume 24h: $14.44M
Volatility (ann.): 135%

ETH:GUSDTQ 0.3%Share of the two combined market caps99.7% RAIN

Performance

ETH:GUSDTQRAIN

7 days+0.10%-11.68%ETH:GUSDTQ
30 days+0.30%-60.96%ETH:GUSDTQ

Correlation

0.13over 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	ETH:GUSDTQ	RAIN
Max drawdown (400d)	-0.2%	-69.3%
Risk-adjusted return (90d)	0.17	-0.40

Relative strength over 90 days: ETH:GUSDTQ outperformed RAIN by 38.9% — measured on the ETH:GUSDTQ/RAIN ratio, so it holds regardless of market direction.

Galaxy USDT Quality →Rain →