International Meme Fund vs Rain

Rain (RAIN) is 102427.4× the size of International Meme Fund (IMF) by market capitalisation. Over the past 30 days, IMF is ahead by 13.1 percentage points (IMF -47.8% against RAIN -61.0%). Their daily returns move barely together (correlation 0.01 across 20 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against IMF's 98%.

Correlation: 0.01
Size ratio: 1 : 102427.4
Ahead over 30 days: IMF

International Meme FundIMF

$0.001274

24h: —
Market cap: $40,698
Volume 24h: $136
Volatility (ann.): 98%

RainRAIN

$0.005835

24h: -4.73%
Market cap: $4.17B
Volume 24h: $13.08M
Volatility (ann.): 135%

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

Performance

IMFRAIN

7 days-26.79%-11.68%RAIN
30 days-47.81%-60.96%IMF

Correlation

0.01over 20 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	IMF	RAIN
Max drawdown (400d)	-47.8%	-69.3%
Risk-adjusted return (90d)	-0.49	-0.40

Relative strength over 90 days: IMF outperformed RAIN by 9.3% — measured on the IMF/RAIN ratio, so it holds regardless of market direction.

International Meme Fund →Rain →