Morpheus vs Rain
Morpheus (MORPH) and Rain (RAIN) compared side by side. Both have run at a similar volatility, around 135% annualised.
Morpheus (MORPH) and Rain (RAIN) compared side by side. Both have run at a similar volatility, around 135% annualised.
MORPHRAIN
| Metric | MORPH | RAIN |
|---|---|---|
| Max drawdown (400d) | -25.6% | -68.5% |
| Risk-adjusted return (90d) | — | -0.37 |
Relative strength over 90 days: MORPH outperformed RAIN by 29.8% — measured on the MORPH/RAIN ratio, so it holds regardless of market direction.