UltraSolid vs Rain

Rain (RAIN) is 53725.9× the size of UltraSolid (US) by market capitalisation. Over the past 30 days, US is ahead by 39.8 percentage points (US -21.2% against RAIN -61.0%). Their daily returns move barely in opposite directions (correlation -0.11 across 24 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against US's 81%.

Correlation: -0.11
Size ratio: 1 : 53725.9
Ahead over 30 days: US

UltraSolidUS

$0.002050

24h: +0.93%
Market cap: $77,590
Volume 24h: $128
Volatility (ann.): 81%

RainRAIN

$0.005835

24h: -4.73%
Market cap: $4.17B
Volume 24h: $13.08M
Volatility (ann.): 135%

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

Performance

USRAIN

7 days-3.08%-11.68%US
30 days-21.17%-60.96%US

Correlation

-0.11over 24 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	US	RAIN
Max drawdown (400d)	-23.7%	-69.3%
Risk-adjusted return (90d)	-0.21	-0.40

Relative strength over 90 days: US outperformed RAIN by 49.1% — measured on the US/RAIN ratio, so it holds regardless of market direction.

UltraSolid →Rain →