Position vs Rain

Rain (RAIN) is 22417.2× the size of Position (POSI) by market capitalisation. Over the past 30 days, POSI is ahead by 45.0 percentage points (POSI -15.9% against RAIN -61.0%). Their daily returns move barely together (correlation 0.23 across 24 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against POSI's 57%.

Correlation: 0.23
Size ratio: 1 : 22417.2
Ahead over 30 days: POSI

PositionPOSI

$0.001996

24h: -19.03%
Market cap: $183,204
Volume 24h: $8,880
Volatility (ann.): 57%

RainRAIN

$0.005749

24h: -1.14%
Market cap: $4.11B
Volume 24h: $10.85M
Volatility (ann.): 135%

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

Performance

POSIRAIN

7 days-14.12%-11.68%RAIN
30 days-15.91%-60.96%POSI

Correlation

0.23over 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	POSI	RAIN
Max drawdown (400d)	-17.4%	-69.3%
Risk-adjusted return (90d)	-0.27	-0.40

Relative strength over 90 days: POSI outperformed RAIN by 43.7% — measured on the POSI/RAIN ratio, so it holds regardless of market direction.

Position →Rain →