Ouroboros vs Rain

Rain (RAIN) is 13877.0× the size of Ouroboros (ORX) by market capitalisation. Over the past 30 days, ORX is ahead by 46.7 percentage points (ORX -14.3% against RAIN -61.0%). Their daily returns move barely in opposite directions (correlation -0.07 across 24 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against ORX's 111%.

Correlation: -0.07
Size ratio: 1 : 13877.0
Ahead over 30 days: ORX

OuroborosORX

$0.000536

24h: +4.30%
Market cap: $304,479
Volume 24h: $4,021
Volatility (ann.): 111%

RainRAIN

$0.005914

24h: -5.42%
Market cap: $4.23B
Volume 24h: $13.05M
Volatility (ann.): 135%

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

Performance

ORXRAIN

7 days-2.75%-11.68%ORX
30 days-14.26%-60.96%ORX

Correlation

-0.07over 24 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	ORX	RAIN
Max drawdown (400d)	-28.9%	-69.3%
Risk-adjusted return (90d)	-0.17	-0.40

Relative strength over 90 days: ORX outperformed RAIN by 73.0% — measured on the ORX/RAIN ratio, so it holds regardless of market direction.

Ouroboros →Rain →