Rain (RAIN) is 239908.6× the size of XYRO (XYRO) by market capitalisation. Their daily returns move barely together (correlation 0.35 across 31 shared trading days). XYRO has been the more volatile of the two, at 198% annualised against RAIN's 134%.
XYRORAIN
0.35over 31 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 | XYRO | RAIN |
|---|---|---|
| Max drawdown (400d) | -97.3% | -69.3% |
| Risk-adjusted return (90d) | -0.41 | -0.39 |
Relative strength over 90 days: XYRO outperformed RAIN by 154.6% — measured on the XYRO/RAIN ratio, so it holds regardless of market direction.