Harmonix Finance vs Rain

Rain (RAIN) is 6507.4× the size of Harmonix Finance (HAR) by market capitalisation. Over the past 30 days, HAR is ahead by 32.1 percentage points (HAR -26.2% against RAIN -58.2%). Their daily returns move barely together (correlation 0.10 across 27 shared trading days). HAR has been the more volatile of the two, at 964% annualised against RAIN's 134%.

Correlation: 0.10
Size ratio: 1 : 6507.4
Ahead over 30 days: HAR

Harmonix FinanceHAR

$0.002067

24h: -2.00%
Market cap: $660,837
Volume 24h: $1,328
Volatility (ann.): 964%

RainRAIN

$0.006019

24h: -4.99%
Market cap: $4.30B
Volume 24h: $12.57M
Volatility (ann.): 134%

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

Performance

HARRAIN

7 days-58.30%-8.29%RAIN
30 days-26.17%-58.25%HAR

Correlation

0.10over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	HAR	RAIN
Max drawdown (400d)	-78.5%	-68.5%
Risk-adjusted return (90d)	-0.03	-0.37

Relative strength over 90 days: HAR outperformed RAIN by 85.0% — measured on the HAR/RAIN ratio, so it holds regardless of market direction.

Harmonix Finance →Rain →