Pharaoh Liquid Staking Token vs Rain

Rain (RAIN) is 340.8× the size of Pharaoh Liquid Staking Token (P33) by market capitalisation. Over the past 30 days, P33 is ahead by 69.8 percentage points (P33 +11.6% against RAIN -58.2%). Their daily returns move barely in opposite directions (correlation -0.13 across 32 shared trading days). P33 has been the more volatile of the two, at 164% annualised against RAIN's 134%.

Correlation: -0.13
Size ratio: 1 : 340.8
Ahead over 30 days: P33

Pharaoh Liquid Staking TokenP33

$0.081357

24h: -0.11%
Market cap: $12.62M
Volume 24h: $20,982
Volatility (ann.): 164%

RainRAIN

$0.006019

24h: -4.99%
Market cap: $4.30B
Volume 24h: $12.57M
Volatility (ann.): 134%

P33 0.3%Share of the two combined market caps99.7% RAIN

Performance

P33RAIN

7 days-1.50%-8.29%P33
30 days+11.58%-58.25%P33

Correlation

-0.13over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1390d: 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	P33	RAIN
Max drawdown (400d)	-38.3%	-68.5%
Risk-adjusted return (90d)	0.19	-0.37

Relative strength over 90 days: P33 outperformed RAIN by 250.9% — measured on the P33/RAIN ratio, so it holds regardless of market direction.

Pharaoh Liquid Staking Token →Rain →