404—GEN vs Targon

Targon (SN4) is 8.8× the size of 404—GEN (SN17) by market capitalisation. Over the past 30 days, SN17 is ahead by 17.4 percentage points (SN17 +12.8% against SN4 -4.6%). Their daily returns move very closely together (correlation 0.94 across 24 shared trading days). SN4 has been the more volatile of the two, at 134% annualised against SN17's 107%.

Correlation: 0.94
Size ratio: 1 : 8.8
Ahead over 30 days: SN17

404—GENSN17

$1.4700

24h: -3.47%
Market cap: $8.86M
Volume 24h: $196,555
Volatility (ann.): 107%

TargonSN4

$13.1300

24h: +1.97%
Market cap: $77.54M
Volume 24h: $683,304
Volatility (ann.): 134%

SN17 10.3%Share of the two combined market caps89.7% SN4

Performance

SN17SN4

7 days+0.38%-13.99%SN17
30 days+12.77%-4.59%SN17

Correlation

0.94over 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	SN17	SN4
Max drawdown (400d)	-22.6%	-24.4%
Risk-adjusted return (90d)	0.12	0.17

Relative strength over 90 days: SN4 outperformed SN17 by 7.7% — measured on the SN17/SN4 ratio, so it holds regardless of market direction.

404—GEN →Targon →