Ribbon Finance vs Rain

Rain (RAIN) is 3353.5× the size of Ribbon Finance (RBN) by market capitalisation. Over the past 30 days, RBN is ahead by 31.8 percentage points (RBN -26.5% against RAIN -58.2%). Their daily returns move barely in opposite directions (correlation -0.25 across 21 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against RBN's 59%.

Correlation: -0.25
Size ratio: 1 : 3353.5
Ahead over 30 days: RBN

Ribbon FinanceRBN

$0.019507

24h: —
Market cap: $1.31M
Volume 24h: —
Volatility (ann.): 59%

RainRAIN

$0.006169

24h: -4.16%
Market cap: $4.40B
Volume 24h: $13.82M
Volatility (ann.): 134%

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

Performance

RBNRAIN

7 days-8.66%-8.29%RAIN
30 days-26.46%-58.25%RBN

Correlation

-0.25over 21 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	RBN	RAIN
Max drawdown (400d)	-27.3%	-68.5%
Risk-adjusted return (90d)	-0.38	-0.37

Relative strength over 90 days: RBN outperformed RAIN by 12.8% — measured on the RBN/RAIN ratio, so it holds regardless of market direction.

Ribbon Finance →Rain →