StakePoint vs Rain

Rain (RAIN) is 21534.3× the size of StakePoint (SPT) by market capitalisation. Over the past 30 days, SPT is ahead by 42.0 percentage points (SPT -18.9% against RAIN -61.0%). Their daily returns move barely together (correlation 0.07 across 24 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against SPT's 76%.

Correlation: 0.07
Size ratio: 1 : 21534.3
Ahead over 30 days: SPT

StakePointSPT

$0.000148

24h: +3.15%
Market cap: $196,211
Volume 24h: $296
Volatility (ann.): 76%

RainRAIN

$0.005914

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

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

Performance

SPTRAIN

7 days-12.66%-11.68%RAIN
30 days-18.95%-60.96%SPT

Correlation

0.07over 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	SPT	RAIN
Max drawdown (400d)	-35.4%	-69.3%
Risk-adjusted return (90d)	-0.44	-0.40

Relative strength over 90 days: SPT outperformed RAIN by 23.0% — measured on the SPT/RAIN ratio, so it holds regardless of market direction.

StakePoint →Rain →