Rai Reflex Index vs crvUSD

crvUSD (CRVUSD) is 107.7× the size of Rai Reflex Index (RAI) by market capitalisation. Over the past 30 days, RAI is ahead by 6.3 percentage points (RAI +6.2% against CRVUSD -0.1%). Their daily returns move barely together (correlation 0.06 across 29 shared trading days). RAI has been the more volatile of the two, at 70% annualised against CRVUSD's 1%.

Correlation: 0.06
Size ratio: 1 : 107.7
Ahead over 30 days: RAI

Rai Reflex IndexRAI

$2.8700

24h: -9.25%
Market cap: $1.43M
Volume 24h: $7,269
Volatility (ann.): 70%

crvUSDCRVUSD

$0.999649

24h: +0.08%
Market cap: $153.78M
Volume 24h: $34.77M
Volatility (ann.): 1%

RAI 0.9%Share of the two combined market caps99.1% CRVUSD

Performance

RAICRVUSD

7 days-1.02%+0.04%CRVUSD
30 days+6.23%-0.09%RAI

Correlation

0.06over 29 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	RAI	CRVUSD
Max drawdown (400d)	-10.4%	-0.3%
Risk-adjusted return (90d)	0.08	0.00

Relative strength over 90 days: RAI outperformed CRVUSD by 6.0% — measured on the RAI/CRVUSD ratio, so it holds regardless of market direction.

Rai Reflex Index →crvUSD →