Planet Finance vs Rain

Rain (RAIN) is 43426.4× the size of Planet Finance (AQUA) by market capitalisation. Over the past 30 days, AQUA is ahead by 53.0 percentage points (AQUA -8.0% against RAIN -61.0%). Their daily returns move barely in opposite directions (correlation -0.24 across 24 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against AQUA's 35%.

Correlation: -0.24
Size ratio: 1 : 43426.4
Ahead over 30 days: AQUA

Planet FinanceAQUA

$1.0890

24h: +3.38%
Market cap: $97,433
Volume 24h: $13
Volatility (ann.): 35%

RainRAIN

$0.005923

24h: -3.60%
Market cap: $4.23B
Volume 24h: $13.16M
Volatility (ann.): 135%

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

Performance

AQUARAIN

7 days-3.04%-11.68%AQUA
30 days-7.97%-60.96%AQUA

Correlation

-0.24over 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	AQUA	RAIN
Max drawdown (400d)	-10.7%	-69.3%
Risk-adjusted return (90d)	-0.18	-0.40

Relative strength over 90 days: AQUA outperformed RAIN by 58.2% — measured on the AQUA/RAIN ratio, so it holds regardless of market direction.

Planet Finance →Rain →