Jackpotter vs Rain

Rain (RAIN) is 203.3× the size of Jackpotter ($JPT) by market capitalisation. Over the past 30 days, $JPT is ahead by 15.5 percentage points ($JPT -42.7% against RAIN -58.2%). Their daily returns move loosely together (correlation 0.57 across 24 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against $JPT's 90%.

Correlation: 0.57
Size ratio: 1 : 203.3
Ahead over 30 days: $JPT

Jackpotter$JPT

$0.021900

24h: +3.57%
Market cap: $21.89M
Volume 24h: $445
Volatility (ann.): 90%

RainRAIN

$0.006229

24h: -1.81%
Market cap: $4.45B
Volume 24h: $14.19M
Volatility (ann.): 134%

$JPT 0.5%Share of the two combined market caps99.5% RAIN

Performance

$JPTRAIN

7 days-1.07%-8.29%$JPT
30 days-42.72%-58.25%$JPT

Correlation

0.57over 24 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	$JPT	RAIN
Max drawdown (400d)	-46.5%	-68.5%
Risk-adjusted return (90d)	-0.48	-0.37

Relative strength over 90 days: RAIN outperformed $JPT by 0.6% — measured on the $JPT/RAIN ratio, so it holds regardless of market direction.

Jackpotter →Rain →