SCADA vs Rain

Rain (RAIN) is 38735.7× the size of SCADA (SCADA) by market capitalisation. Over the past 30 days, SCADA is ahead by 66.5 percentage points (SCADA +5.5% against RAIN -61.0%). Their daily returns move barely together (correlation 0.12 across 24 shared trading days). SCADA has been the more volatile of the two, at 228% annualised against RAIN's 135%.

Correlation: 0.12
Size ratio: 1 : 38735.7
Ahead over 30 days: SCADA

SCADASCADA

$0.000595

24h: +9.64%
Market cap: $108,028
Volume 24h: $306
Volatility (ann.): 228%

RainRAIN

$0.005857

24h: -3.70%
Market cap: $4.18B
Volume 24h: $13.20M
Volatility (ann.): 135%

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

Performance

SCADARAIN

7 days+74.71%-11.68%SCADA
30 days+5.49%-60.96%SCADA

Correlation

0.12over 24 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	SCADA	RAIN
Max drawdown (400d)	-57.6%	-69.3%
Risk-adjusted return (90d)	0.00	-0.40

Relative strength over 90 days: SCADA outperformed RAIN by 40.1% — measured on the SCADA/RAIN ratio, so it holds regardless of market direction.

SCADA →Rain →