Triple Plus vs Rain

Rain (RAIN) is 5941.6× the size of Triple Plus (TPT) by market capitalisation. Over the past 30 days, RAIN is ahead by 36.4 percentage points (TPT -94.7% against RAIN -58.2%). Their daily returns move loosely together (correlation 0.58 across 26 shared trading days). TPT has been the more volatile of the two, at 321% annualised against RAIN's 134%.

Correlation: 0.58
Size ratio: 1 : 5941.6
Ahead over 30 days: RAIN

Triple PlusTPT

$0.008618

24h: +12.15%
Market cap: $735,831
Volume 24h: $10,611
Volatility (ann.): 321%

RainRAIN

$0.006120

24h: -0.06%
Market cap: $4.37B
Volume 24h: $14.64M
Volatility (ann.): 134%

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

Performance

TPTRAIN

7 days-79.47%-8.29%RAIN
30 days-94.67%-58.25%RAIN

Correlation

0.58over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5890d: 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	TPT	RAIN
Max drawdown (400d)	-97.8%	-68.5%
Risk-adjusted return (90d)	-0.30	-0.37

Relative strength over 90 days: RAIN outperformed TPT by 92.6% — measured on the TPT/RAIN ratio, so it holds regardless of market direction.

Triple Plus →Rain →