Rain (RAIN) is 131.9× the size of Sai (SAI) by market capitalisation. Over the past 30 days, SAI is ahead by 48.5 percentage points (SAI -9.8% against RAIN -58.2%). Their daily returns move barely together (correlation 0.15 across 46 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against SAI's 48%.
SAIRAIN
0.15over 46 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 | SAI | RAIN |
|---|---|---|
| Max drawdown (400d) | -16.9% | -68.5% |
| Risk-adjusted return (90d) | -0.14 | -0.37 |
Relative strength over 90 days: SAI outperformed RAIN by 100.5% — measured on the SAI/RAIN ratio, so it holds regardless of market direction.