Gravity Finance [OLD] vs Rain

Rain (RAIN) is 143356.8× the size of Gravity Finance [OLD] (GFI) by market capitalisation. Over the past 30 days, GFI is ahead by 57.4 percentage points (GFI -3.6% against RAIN -61.0%). Their daily returns move barely in opposite directions (correlation -0.16 across 24 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against GFI's 19%.

Correlation: -0.16
Size ratio: 1 : 143356.8
Ahead over 30 days: GFI

Gravity Finance [OLD]GFI

$8.808e-5

24h: +3.33%
Market cap: $31,026
Volume 24h: $117
Volatility (ann.): 19%

RainRAIN

$0.006226

24h: +4.30%
Market cap: $4.45B
Volume 24h: $13.98M
Volatility (ann.): 135%

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

Performance

GFIRAIN

7 days+1.05%-11.68%GFI
30 days-3.55%-60.96%GFI

Correlation

-0.16over 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	GFI	RAIN
Max drawdown (400d)	-7.1%	-69.3%
Risk-adjusted return (90d)	-0.18	-0.40

Relative strength over 90 days: GFI outperformed RAIN by 62.9% — measured on the GFI/RAIN ratio, so it holds regardless of market direction.

Gravity Finance [OLD] →Rain →