Stryke vs Rain

Rain (RAIN) is 2034.4× the size of Stryke (SYK) by market capitalisation. Over the past 30 days, SYK is ahead by 238.2 percentage points (SYK +179.9% against RAIN -58.2%). Their daily returns move barely together (correlation 0.07 across 29 shared trading days). SYK has been the more volatile of the two, at 273% annualised against RAIN's 134%.

Correlation: 0.07
Size ratio: 1 : 2034.4
Ahead over 30 days: SYK

StrykeSYK

$0.030940

24h: —
Market cap: $2.12M
Volume 24h: —
Volatility (ann.): 273%

RainRAIN

$0.006034

24h: -3.76%
Market cap: $4.31B
Volume 24h: $13.33M
Volatility (ann.): 134%

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

Performance

SYKRAIN

7 days-4.10%-8.29%SYK
30 days+179.95%-58.25%SYK

Correlation

0.07over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0790d: 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	SYK	RAIN
Max drawdown (400d)	-49.6%	-68.5%
Risk-adjusted return (90d)	0.72	-0.37

Relative strength over 90 days: SYK outperformed RAIN by 655.9% — measured on the SYK/RAIN ratio, so it holds regardless of market direction.

Stryke →Rain →