Playnance vs Rain

Rain (RAIN) is 198.9× the size of Playnance (GCOIN) by market capitalisation. Over the past 30 days, GCOIN is ahead by 16.3 percentage points (GCOIN -41.9% against RAIN -58.2%). Their daily returns move loosely together (correlation 0.39 across 35 shared trading days). GCOIN has been the more volatile of the two, at 177% annualised against RAIN's 134%.

Correlation: 0.39
Size ratio: 1 : 198.9
Ahead over 30 days: GCOIN

PlaynanceGCOIN

$0.000839

24h: -7.37%
Market cap: $20.99M
Volume 24h: $2,302
Volatility (ann.): 177%

RainRAIN

$0.005842

24h: -5.57%
Market cap: $4.17B
Volume 24h: $13.99M
Volatility (ann.): 134%

GCOIN 0.5%Share of the two combined market caps99.5% RAIN

Performance

GCOINRAIN

7 days-22.26%-8.29%RAIN
30 days-41.93%-58.25%GCOIN

Correlation

0.39over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	GCOIN	RAIN
Max drawdown (400d)	-57.6%	-68.5%
Risk-adjusted return (90d)	-0.31	-0.37

Relative strength over 90 days: RAIN outperformed GCOIN by 16.0% — measured on the GCOIN/RAIN ratio, so it holds regardless of market direction.

Playnance →Rain →