Prism vs Rain

Rain (RAIN) is 266104.7× the size of Prism (PRISM) by market capitalisation. Over the past 30 days, PRISM is ahead by 35.0 percentage points (PRISM -26.0% against RAIN -61.0%). Their daily returns move loosely together (correlation 0.40 across 20 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against PRISM's 53%.

Correlation: 0.40
Size ratio: 1 : 266104.7
Ahead over 30 days: PRISM

PrismPRISM

$3.2600

24h: +6.27%
Market cap: $16,289
Volume 24h: $10
Volatility (ann.): 53%

RainRAIN

$0.006061

24h: -0.91%
Market cap: $4.33B
Volume 24h: $12.52M
Volatility (ann.): 135%

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

Performance

PRISMRAIN

7 days-5.18%-11.68%PRISM
30 days-25.95%-60.96%PRISM

Correlation

0.40over 20 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	PRISM	RAIN
Max drawdown (400d)	-28.5%	-69.3%
Risk-adjusted return (90d)	-0.49	-0.40

Relative strength over 90 days: PRISM outperformed RAIN by 24.5% — measured on the PRISM/RAIN ratio, so it holds regardless of market direction.

Prism →Rain →