Coldint vs Targon

Targon (SN4) is 24.3× the size of Coldint (SN29) by market capitalisation. Over the past 30 days, SN29 is ahead by 33.0 percentage points (SN29 +28.4% against SN4 -4.6%). Their daily returns move very closely together (correlation 0.90 across 23 shared trading days). Both have run at a similar volatility, around 135% annualised.

Correlation: 0.90
Size ratio: 1 : 24.3
Ahead over 30 days: SN29

ColdintSN29

$0.562484

24h: +0.23%
Market cap: $3.22M
Volume 24h: $317
Volatility (ann.): 137%

TargonSN4

$13.2200

24h: +0.51%
Market cap: $78.15M
Volume 24h: $904,564
Volatility (ann.): 134%

SN29 4.0%Share of the two combined market caps96.0% SN4

Performance

SN29SN4

7 days-1.27%-13.99%SN29
30 days+28.40%-4.59%SN29

Correlation

0.90over 23 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	SN29	SN4
Max drawdown (400d)	-28.9%	-24.4%
Risk-adjusted return (90d)	0.21	0.17

Relative strength over 90 days: SN29 outperformed SN4 by 4.2% — measured on the SN29/SN4 ratio, so it holds regardless of market direction.

Coldint →Targon →