Jones DAO vs Rain

Rain (RAIN) is 27719.4× the size of Jones DAO (JONES) by market capitalisation. Over the past 30 days, JONES is ahead by 49.7 percentage points (JONES -11.2% against RAIN -61.0%). Their daily returns move barely together (correlation 0.03 across 24 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against JONES's 83%.

Correlation: 0.03
Size ratio: 1 : 27719.4
Ahead over 30 days: JONES

Jones DAOJONES

$0.032679

24h: +5.55%
Market cap: $156,768
Volume 24h: $43
Volatility (ann.): 83%

RainRAIN

$0.006083

24h: -1.97%
Market cap: $4.35B
Volume 24h: $13.84M
Volatility (ann.): 135%

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

Performance

JONESRAIN

7 days+1.58%-11.68%JONES
30 days-11.24%-60.96%JONES

Correlation

0.03over 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	JONES	RAIN
Max drawdown (400d)	-18.5%	-69.3%
Risk-adjusted return (90d)	-0.12	-0.40

Relative strength over 90 days: JONES outperformed RAIN by 58.3% — measured on the JONES/RAIN ratio, so it holds regardless of market direction.

Jones DAO →Rain →