Pyth ETH vs Rain

Rain (RAIN) is 4394.9× the size of Pyth ETH (PYTHETH) by market capitalisation. Over the past 30 days, PYTHETH is ahead by 66.3 percentage points (PYTHETH +8.1% against RAIN -58.2%). Their daily returns move barely in opposite directions (correlation -0.30 across 20 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against PYTHETH's 47%.

Correlation: -0.30
Size ratio: 1 : 4394.9
Ahead over 30 days: PYTHETH

Pyth ETHPYTHETH

$2,178.65

24h: +0.32%
Market cap: $1.01M
Volume 24h: —
Volatility (ann.): 47%

RainRAIN

$0.006217

24h: +0.81%
Market cap: $4.44B
Volume 24h: $14.21M
Volatility (ann.): 134%

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

Performance

PYTHETHRAIN

7 days+0.11%-8.29%PYTHETH
30 days+8.08%-58.25%PYTHETH

Correlation

-0.30over 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	PYTHETH	RAIN
Max drawdown (400d)	-5.5%	-68.5%
Risk-adjusted return (90d)	0.17	-0.37

Relative strength over 90 days: PYTHETH outperformed RAIN by 45.3% — measured on the PYTHETH/RAIN ratio, so it holds regardless of market direction.

Pyth ETH →Rain →