Rain (RAIN) is 8011.5× the size of XPowermine.com APOW (APOW) by market capitalisation. Their daily returns move barely together (correlation 0.00 across 28 shared trading days). APOW has been the more volatile of the two, at 360% annualised against RAIN's 134%.
APOWRAIN
0.00over 28 shared trading days
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.
| Metric | APOW | RAIN |
|---|---|---|
| Max drawdown (400d) | -99.4% | -68.5% |
| Risk-adjusted return (90d) | -0.27 | -0.37 |
Relative strength over 90 days: RAIN outperformed APOW by 99.0% — measured on the APOW/RAIN ratio, so it holds regardless of market direction.