Hyperstable vs Rain

Rain (RAIN) is 14485.4× the size of Hyperstable (PEG) by market capitalisation. Over the past 30 days, PEG is ahead by 51.6 percentage points (PEG -4.9% against RAIN -56.5%). Their daily returns move barely in opposite directions (correlation -0.16 across 25 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against PEG's 10%.

Correlation: -0.16
Size ratio: 1 : 14485.4
Ahead over 30 days: PEG

HyperstablePEG

$0.001063

24h: -1.28%
Market cap: $298,587
Volume 24h: $415
Volatility (ann.): 10%

RainRAIN

$0.006051

24h: -1.04%
Market cap: $4.33B
Volume 24h: $12.70M
Volatility (ann.): 134%

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

Performance

PEGRAIN

7 days-3.19%-7.92%PEG
30 days-4.92%-56.54%PEG

Correlation

-0.16over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1690d: 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	PEG	RAIN
Max drawdown (400d)	-5.7%	-69.3%
Risk-adjusted return (90d)	-0.52	-0.39

Relative strength over 90 days: PEG outperformed RAIN by 52.6% — measured on the PEG/RAIN ratio, so it holds regardless of market direction.

Hyperstable →Rain →