Lydia Finance (LYD) and Rain (RAIN) compared side by side. Over the past 30 days, LYD is ahead by 50.3 percentage points (LYD -10.7% against RAIN -61.0%). Their daily returns move barely in opposite directions (correlation -0.13 across 24 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against LYD's 35%.
LYDRAIN
-0.13over 24 shared trading days
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.
| Metric | LYD | RAIN |
|---|---|---|
| Max drawdown (400d) | -17.1% | -69.3% |
| Risk-adjusted return (90d) | -0.32 | -0.40 |
Relative strength over 90 days: LYD outperformed RAIN by 54.4% — measured on the LYD/RAIN ratio, so it holds regardless of market direction.