Helder vs Rain

Rain (RAIN) is 8456.6× the size of Helder (HLDR) by market capitalisation. Over the past 30 days, HLDR is ahead by 25.3 percentage points (HLDR -33.0% against RAIN -58.2%). Their daily returns move very closely together (correlation 0.86 across 26 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against HLDR's 59%.

Correlation: 0.86
Size ratio: 1 : 8456.6
Ahead over 30 days: HLDR

HelderHLDR

$0.144604

24h: —
Market cap: $502,853
Volume 24h: $8
Volatility (ann.): 59%

RainRAIN

$0.005954

24h: -6.83%
Market cap: $4.25B
Volume 24h: $13.60M
Volatility (ann.): 134%

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

Performance

HLDRRAIN

7 days-17.98%-8.29%RAIN
30 days-32.98%-58.25%HLDR

Correlation

0.86over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8690d: 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	HLDR	RAIN
Max drawdown (400d)	-34.3%	-68.5%
Risk-adjusted return (90d)	-0.56	-0.37

Relative strength over 90 days: HLDR outperformed RAIN by 70.6% — measured on the HLDR/RAIN ratio, so it holds regardless of market direction.

Helder →Rain →