Hyperbeat Ultra HYPE vs Rain

Rain (RAIN) is 2533.3× the size of Hyperbeat Ultra HYPE (HBHYPE) by market capitalisation. Over the past 30 days, HBHYPE is ahead by 60.1 percentage points (HBHYPE +1.9% against RAIN -58.2%). Their daily returns move barely together (correlation 0.14 across 26 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against HBHYPE's 91%.

Correlation: 0.14
Size ratio: 1 : 2533.3
Ahead over 30 days: HBHYPE

Hyperbeat Ultra HYPEHBHYPE

$84.9800

24h: -2.02%
Market cap: $1.69M
Volume 24h: $79
Volatility (ann.): 91%

RainRAIN

$0.006002

24h: -2.02%
Market cap: $4.29B
Volume 24h: $14.14M
Volatility (ann.): 134%

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

Performance

HBHYPERAIN

7 days-5.82%-8.29%HBHYPE
30 days+1.85%-58.25%HBHYPE

Correlation

0.14over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1490d: 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	HBHYPE	RAIN
Max drawdown (400d)	-19.6%	-68.5%
Risk-adjusted return (90d)	0.05	-0.37

Relative strength over 90 days: HBHYPE outperformed RAIN by 167.1% — measured on the HBHYPE/RAIN ratio, so it holds regardless of market direction.

Hyperbeat Ultra HYPE →Rain →