TENEX vs Rain

Rain (RAIN) is 4080.3× the size of TENEX (SN67) by market capitalisation. Over the past 30 days, SN67 is ahead by 46.3 percentage points (SN67 -11.9% against RAIN -58.2%). Their daily returns move barely in opposite directions (correlation -0.17 across 20 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against SN67's 105%.

Correlation: -0.17
Size ratio: 1 : 4080.3
Ahead over 30 days: SN67

TENEXSN67

$0.631953

24h: +0.78%
Market cap: $1.06M
Volume 24h: $30,963
Volatility (ann.): 105%

RainRAIN

$0.006034

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

SN67 0.0%Share of the two combined market caps100.0% RAIN

Performance

SN67RAIN

7 days-2.63%-8.29%SN67
30 days-11.90%-58.25%SN67

Correlation

-0.17over 20 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	SN67	RAIN
Max drawdown (400d)	-28.5%	-68.5%
Risk-adjusted return (90d)	-0.11	-0.37

Relative strength over 90 days: SN67 outperformed RAIN by 20.7% — measured on the SN67/RAIN ratio, so it holds regardless of market direction.

TENEX →Rain →