Statics Protocol vs Rain

Rain (RAIN) is 814.5× the size of Statics Protocol (STATICS) by market capitalisation. Over the past 30 days, STATICS is ahead by 2.8 percentage points (STATICS -55.5% against RAIN -58.2%). Their daily returns move barely together (correlation 0.32 across 25 shared trading days). STATICS has been the more volatile of the two, at 243% annualised against RAIN's 134%.

Correlation: 0.32
Size ratio: 1 : 814.5
Ahead over 30 days: STATICS

Statics ProtocolSTATICS

$0.007332

24h: -4.86%
Market cap: $5.28M
Volume 24h: $36,373
Volatility (ann.): 243%

RainRAIN

$0.006019

24h: -4.99%
Market cap: $4.30B
Volume 24h: $12.57M
Volatility (ann.): 134%

STATICS 0.1%Share of the two combined market caps99.9% RAIN

Performance

STATICSRAIN

7 days-9.61%-8.29%RAIN
30 days-55.46%-58.25%STATICS

Correlation

0.32over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	STATICS	RAIN
Max drawdown (400d)	-62.2%	-68.5%
Risk-adjusted return (90d)	-0.26	-0.37

Relative strength over 90 days: RAIN outperformed STATICS by 4.8% — measured on the STATICS/RAIN ratio, so it holds regardless of market direction.

Statics Protocol →Rain →