Prism Assets vs Rain

Rain (RAIN) is 4335.7× the size of Prism Assets (PRISM) by market capitalisation. Over the past 30 days, RAIN is ahead by 3.9 percentage points (PRISM -62.1% against RAIN -58.2%). Their daily returns move barely together (correlation 0.06 across 30 shared trading days). PRISM has been the more volatile of the two, at 790% annualised against RAIN's 134%.

Correlation: 0.06
Size ratio: 1 : 4335.7
Ahead over 30 days: RAIN

Prism AssetsPRISM

$0.001021

24h: -5.32%
Market cap: $1.02M
Volume 24h: $13,658
Volatility (ann.): 790%

RainRAIN

$0.006198

24h: -3.14%
Market cap: $4.43B
Volume 24h: $14.06M
Volatility (ann.): 134%

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

Performance

PRISMRAIN

7 days-24.48%-8.29%RAIN
30 days-62.14%-58.25%RAIN

Correlation

0.06over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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)	-95.1%	-68.5%
Risk-adjusted return (90d)	-0.11	-0.37

Relative strength over 90 days: RAIN outperformed PRISM by 55.9% — measured on the PRISM/RAIN ratio, so it holds regardless of market direction.

Prism Assets →Rain →