KARAT Galaxy vs Rain

Rain (RAIN) is 2646.9× the size of KARAT Galaxy (KARAT) by market capitalisation. Over the past 30 days, KARAT is ahead by 35.3 percentage points (KARAT -23.0% against RAIN -58.2%). Their daily returns move loosely together (correlation 0.44 across 29 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against KARAT's 112%.

Correlation: 0.44
Size ratio: 1 : 2646.9
Ahead over 30 days: KARAT

KARAT GalaxyKARAT

$0.018766

24h: —
Market cap: $1.67M
Volume 24h: —
Volatility (ann.): 112%

RainRAIN

$0.006198

24h: -3.14%
Market cap: $4.43B
Volume 24h: $14.06M
Volatility (ann.): 134%

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

Performance

KARATRAIN

7 days-12.79%-8.29%RAIN
30 days-22.98%-58.25%KARAT

Correlation

0.44over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4490d: 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	KARAT	RAIN
Max drawdown (400d)	-36.9%	-68.5%
Risk-adjusted return (90d)	-0.06	-0.37

Relative strength over 90 days: KARAT outperformed RAIN by 144.2% — measured on the KARAT/RAIN ratio, so it holds regardless of market direction.

KARAT Galaxy →Rain →