Ravenhood vs Rain

Rain (RAIN) is 15677.8× the size of Ravenhood (RVH) by market capitalisation. Over the past 30 days, RVH is ahead by 30.1 percentage points (RVH -30.8% against RAIN -61.0%). Their daily returns move loosely together (correlation 0.39 across 27 shared trading days). RVH has been the more volatile of the two, at 311% annualised against RAIN's 135%.

Correlation: 0.39
Size ratio: 1 : 15677.8
Ahead over 30 days: RVH

RavenhoodRVH

$0.003600

24h: +3.88%
Market cap: $269,507
Volume 24h: $6,321
Volatility (ann.): 311%

RainRAIN

$0.005914

24h: -5.42%
Market cap: $4.23B
Volume 24h: $13.05M
Volatility (ann.): 135%

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

Performance

RVHRAIN

7 days-8.43%-11.68%RVH
30 days-30.81%-60.96%RVH

Correlation

0.39over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	RVH	RAIN
Max drawdown (400d)	-73.1%	-69.3%
Risk-adjusted return (90d)	-0.23	-0.40

Relative strength over 90 days: RAIN outperformed RVH by 23.6% — measured on the RVH/RAIN ratio, so it holds regardless of market direction.

Ravenhood →Rain →