Shuffle vs Rain

Rain (RAIN) is 22.3× the size of Shuffle (SHFL) by market capitalisation. Over the past 30 days, SHFL is ahead by 83.1 percentage points (SHFL +22.1% against RAIN -61.0%). Their daily returns move barely together (correlation 0.02 across 57 shared trading days). SHFL has been the more volatile of the two, at 171% annualised against RAIN's 135%.

Correlation: 0.02
Size ratio: 1 : 22.3
Ahead over 30 days: SHFL

ShuffleSHFL

$0.377786

24h: -1.87%
Market cap: $189.29M
Volume 24h: $576,717
Volatility (ann.): 171%

RainRAIN

$0.005914

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

SHFL 4.3%Share of the two combined market caps95.7% RAIN

Performance

SHFLRAIN

7 days-21.31%-11.68%RAIN
30 days+22.13%-60.96%SHFL

Correlation

0.02over 57 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0290d: 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	SHFL	RAIN
Max drawdown (400d)	-41.4%	-69.3%
Risk-adjusted return (90d)	0.18	-0.40

Relative strength over 90 days: SHFL outperformed RAIN by 186.9% — measured on the SHFL/RAIN ratio, so it holds regardless of market direction.

Shuffle →Rain →