Nexora vs Rain

Rain (RAIN) is 1445.0× the size of Nexora (NEX) by market capitalisation. Over the past 30 days, NEX is ahead by 24.2 percentage points (NEX -34.1% against RAIN -58.2%). Their daily returns move closely together (correlation 0.69 across 23 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against NEX's 72%.

Correlation: 0.69
Size ratio: 1 : 1445.0
Ahead over 30 days: NEX

NexoraNEX

$0.052671

24h: +0.90%
Market cap: $2.95M
Volume 24h: $28,182
Volatility (ann.): 72%

RainRAIN

$0.005967

24h: -9.02%
Market cap: $4.26B
Volume 24h: $14.42M
Volatility (ann.): 134%

NEX 0.1%Share of the two combined market caps99.9% RAIN

Performance

NEXRAIN

7 days-17.71%-8.29%RAIN
30 days-34.08%-58.25%NEX

Correlation

0.69over 23 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	NEX	RAIN
Max drawdown (400d)	-35.1%	-68.5%
Risk-adjusted return (90d)	-0.48	-0.37

Relative strength over 90 days: NEX outperformed RAIN by 66.5% — measured on the NEX/RAIN ratio, so it holds regardless of market direction.

Nexora →Rain →