True vs Rain

Rain (RAIN) is 227.3× the size of True (TRUE) by market capitalisation. Over the past 30 days, TRUE is ahead by 1342.1 percentage points (TRUE +1283.9% against RAIN -58.2%). Their daily returns move barely in opposite directions (correlation -0.32 across 28 shared trading days). TRUE has been the more volatile of the two, at 2386% annualised against RAIN's 134%.

Correlation: -0.32
Size ratio: 1 : 227.3
Ahead over 30 days: TRUE

TrueTRUE

$0.195625

24h: +10.68%
Market cap: $18.96M
Volume 24h: $49,694
Volatility (ann.): 2386%

RainRAIN

$0.006034

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

TRUE 0.4%Share of the two combined market caps99.6% RAIN

Performance

TRUERAIN

7 days+38.72%-8.29%TRUE
30 days+1283.87%-58.25%TRUE

Correlation

-0.32over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3290d: 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	TRUE	RAIN
Max drawdown (400d)	-49.1%	-68.5%
Risk-adjusted return (90d)	0.33	-0.37

Relative strength over 90 days: TRUE outperformed RAIN by 2165.8% — measured on the TRUE/RAIN ratio, so it holds regardless of market direction.

True →Rain →