Rain vs Bitway

Rain (RAIN) is 1.7× the size of Bitway (BTW) by market capitalisation. Over the past 30 days, BTW is ahead by 190.8 percentage points (RAIN -10.2% against BTW +180.5%). Their daily returns move loosely in opposite directions (correlation -0.36 across 35 shared trading days). BTW has been the more volatile of the two, at 333% annualised against RAIN's 136%.

Correlation: -0.36
Size ratio: 1.7×
Ahead over 30 days: BTW

RainRAIN

$0.010642

24h: +3.73%
Market cap: $7.55B
Volume 24h: $13.51M
Volatility (ann.): 136%

BitwayBTW

$1.6800

24h: +3.55%
Market cap: $4.56B
Volume 24h: $12.23M
Volatility (ann.): 333%

RAIN 62.3%Share of the two combined market caps37.7% BTW

Performance

RAINBTW

7 days-20.91%+101.46%BTW
30 days-10.24%+180.55%BTW

Correlation

-0.36over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3590d: 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	RAIN	BTW
Max drawdown (400d)	-40.8%	-23.4%
Risk-adjusted return (90d)	-0.03	0.60

Relative strength over 90 days: BTW outperformed RAIN by 68.0% — measured on the RAIN/BTW ratio, so it holds regardless of market direction.

Rain →Bitway →