RZcoin (RZ) and Rain (RAIN) compared side by side. Over the past 30 days, RZ is ahead by 42.1 percentage points (RZ -16.2% against RAIN -58.2%). Their daily returns move barely together (correlation 0.25 across 23 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against RZ's 39%.
RZRAIN
0.25over 23 shared trading days
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.
| Metric | RZ | RAIN |
|---|---|---|
| Max drawdown (400d) | -17.2% | -68.5% |
| Risk-adjusted return (90d) | -0.39 | -0.37 |
Relative strength over 90 days: RZ outperformed RAIN by 34.2% — measured on the RZ/RAIN ratio, so it holds regardless of market direction.