Tidal Finance vs Rain

Rain (RAIN) is 349326.0× the size of Tidal Finance (TIDAL) by market capitalisation. Over the past 30 days, TIDAL is ahead by 61.2 percentage points (TIDAL +0.3% against RAIN -61.0%). Their daily returns move barely together (correlation 0.22 across 20 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against TIDAL's 44%.

Correlation: 0.22
Size ratio: 1 : 349326.0
Ahead over 30 days: TIDAL

Tidal FinanceTIDAL

$1.500e-6

24h: —
Market cap: $11,843
Volume 24h: $2
Volatility (ann.): 44%

RainRAIN

$0.005792

24h: -6.06%
Market cap: $4.14B
Volume 24h: $12.98M
Volatility (ann.): 135%

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

Performance

TIDALRAIN

7 days-0.13%-11.68%TIDAL
30 days+0.27%-60.96%TIDAL

Correlation

0.22over 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	TIDAL	RAIN
Max drawdown (400d)	-9.0%	-69.3%
Risk-adjusted return (90d)	0.01	-0.40

Relative strength over 90 days: TIDAL outperformed RAIN by 60.1% — measured on the TIDAL/RAIN ratio, so it holds regardless of market direction.

Tidal Finance →Rain →