Nash Smart Finance vs Rain

Rain (RAIN) is 149398.4× the size of Nash Smart Finance (NASF) by market capitalisation. Over the past 30 days, NASF is ahead by 41.5 percentage points (NASF -15.0% against RAIN -56.5%). Their daily returns move barely in opposite directions (correlation -0.10 across 25 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against NASF's 35%.

Correlation: -0.10
Size ratio: 1 : 149398.4
Ahead over 30 days: NASF

Nash Smart FinanceNASF

$0.002939

24h: -6.81%
Market cap: $29,392
Volume 24h: $134
Volatility (ann.): 35%

RainRAIN

$0.006147

24h: +2.60%
Market cap: $4.39B
Volume 24h: $8.09M
Volatility (ann.): 134%

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

Performance

NASFRAIN

7 days-9.95%-7.92%RAIN
30 days-15.03%-56.54%NASF

Correlation

-0.10over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	NASF	RAIN
Max drawdown (400d)	-15.0%	-69.3%
Risk-adjusted return (90d)	-0.40	-0.39

Relative strength over 90 days: NASF outperformed RAIN by 35.5% — measured on the NASF/RAIN ratio, so it holds regardless of market direction.

Nash Smart Finance →Rain →