Tethereum vs Rain

Rain (RAIN) is 709.3× the size of Tethereum (T99) by market capitalisation. Over the past 30 days, T99 is ahead by 59.3 percentage points (T99 +1.0% against RAIN -58.2%). Their daily returns move barely in opposite directions (correlation -0.32 across 22 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against T99's 7%.

Correlation: -0.32
Size ratio: 1 : 709.3
Ahead over 30 days: T99

TethereumT99

$0.302004

24h: +0.04%
Market cap: $6.08M
Volume 24h: $27,295
Volatility (ann.): 7%

RainRAIN

$0.006034

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

T99 0.1%Share of the two combined market caps99.9% RAIN

Performance

T99RAIN

7 days+0.59%-8.29%T99
30 days+1.02%-58.25%T99

Correlation

-0.32over 22 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	T99	RAIN
Max drawdown (400d)	-0.8%	-68.5%
Risk-adjusted return (90d)	0.15	-0.37

Relative strength over 90 days: T99 outperformed RAIN by 42.6% — measured on the T99/RAIN ratio, so it holds regardless of market direction.

Tethereum →Rain →