PulseX Incentive Token (INC) and Rain (RAIN) compared side by side. Over the past 30 days, INC is ahead by 20.3 percentage points (INC -37.9% against RAIN -58.2%). Their daily returns move barely in opposite directions (correlation -0.22 across 23 shared trading days). Both have run at a similar volatility, around 140% annualised.
INCRAIN
-0.22over 23 shared trading days
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.
| Metric | INC | RAIN |
|---|---|---|
| Max drawdown (400d) | -48.2% | -68.5% |
| Risk-adjusted return (90d) | -0.27 | -0.37 |
Relative strength over 90 days: RAIN outperformed INC by 6.1% — measured on the INC/RAIN ratio, so it holds regardless of market direction.