OLY vs Rain

Rain (RAIN) is 950.2× the size of OLY (OLY) by market capitalisation. Over the past 30 days, OLY is ahead by 58.3 percentage points (OLY +0.1% against RAIN -58.2%). Their daily returns move barely in opposite directions (correlation -0.04 across 23 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against OLY's 54%.

Correlation: -0.04
Size ratio: 1 : 950.2
Ahead over 30 days: OLY

OLYOLY

$0.020393

24h: +2.66%
Market cap: $4.60M
Volume 24h: $2,028
Volatility (ann.): 54%

RainRAIN

$0.006120

24h: -0.06%
Market cap: $4.37B
Volume 24h: $14.64M
Volatility (ann.): 134%

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

Performance

OLYRAIN

7 days+2.54%-8.29%OLY
30 days+0.09%-58.25%OLY

Correlation

-0.04over 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	OLY	RAIN
Max drawdown (400d)	-13.6%	-68.5%
Risk-adjusted return (90d)	-0.03	-0.37

Relative strength over 90 days: OLY outperformed RAIN by 55.2% — measured on the OLY/RAIN ratio, so it holds regardless of market direction.

OLY →Rain →