Greenwood vs Rain

Rain (RAIN) is 22055.4× the size of Greenwood (GWOOD) by market capitalisation. Over the past 30 days, GWOOD is ahead by 22.8 percentage points (GWOOD -35.5% against RAIN -58.2%). Their daily returns move barely together (correlation 0.27 across 22 shared trading days). GWOOD has been the more volatile of the two, at 215% annualised against RAIN's 134%.

Correlation: 0.27
Size ratio: 1 : 22055.4
Ahead over 30 days: GWOOD

GreenwoodGWOOD

$0.000483

24h: —
Market cap: $193,230
Volume 24h: $10
Volatility (ann.): 215%

RainRAIN

$0.005972

24h: -9.49%
Market cap: $4.26B
Volume 24h: $9.51M
Volatility (ann.): 134%

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

Performance

GWOODRAIN

7 days-18.18%-8.29%RAIN
30 days-35.45%-58.25%GWOOD

Correlation

0.27over 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	GWOOD	RAIN
Max drawdown (400d)	-53.4%	-68.5%
Risk-adjusted return (90d)	-0.25	-0.37

Relative strength over 90 days: RAIN outperformed GWOOD by 8.5% — measured on the GWOOD/RAIN ratio, so it holds regardless of market direction.

Greenwood →Rain →