THORSwap vs Rain

Rain (RAIN) is 455.6× the size of THORSwap (THOR) by market capitalisation. Over the past 30 days, THOR is ahead by 74.8 percentage points (THOR +16.6% against RAIN -58.2%). Their daily returns move barely together (correlation 0.00 across 31 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against THOR's 108%.

Correlation: 0.00
Size ratio: 1 : 455.6
Ahead over 30 days: THOR

THORSwapTHOR

$0.037566

24h: —
Market cap: $9.51M
Volume 24h: $9,618
Volatility (ann.): 108%

RainRAIN

$0.006066

24h: -4.32%
Market cap: $4.33B
Volume 24h: $13.43M
Volatility (ann.): 134%

THOR 0.2%Share of the two combined market caps99.8% RAIN

Performance

THORRAIN

7 days-4.21%-8.29%THOR
30 days+16.55%-58.25%THOR

Correlation

0.00over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0090d: 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	THOR	RAIN
Max drawdown (400d)	-11.2%	-68.5%
Risk-adjusted return (90d)	0.24	-0.37

Relative strength over 90 days: THOR outperformed RAIN by 235.9% — measured on the THOR/RAIN ratio, so it holds regardless of market direction.

THORSwap →Rain →