Commons vs TAGGER

TAGGER (TAG) is 3883.1× the size of Commons (CMNS) by market capitalisation. Over the past 30 days, TAG is ahead by 107.9 percentage points (CMNS -94.6% against TAG +13.3%). Their daily returns move barely together (correlation 0.05 across 21 shared trading days). CMNS has been the more volatile of the two, at 258% annualised against TAG's 204%.

Correlation: 0.05
Size ratio: 1 : 3883.1
Ahead over 30 days: TAG

CommonsCMNS

$6.566e-5

24h: —
Market cap: $21,511
Volume 24h: $132
Volatility (ann.): 258%

TAGGERTAG

$0.000766

24h: +8.47%
Market cap: $83.53M
Volume 24h: $2.25M
Volatility (ann.): 204%

CMNS 0.0%Share of the two combined market caps100.0% TAG

Performance

CMNSTAG

7 days-32.73%-9.01%TAG
30 days-94.56%+13.32%TAG

Correlation

0.05over 21 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	CMNS	TAG
Max drawdown (400d)	-95.8%	-52.8%
Risk-adjusted return (90d)	-0.37	-0.11

Relative strength over 90 days: TAG outperformed CMNS by 71.5% — measured on the CMNS/TAG ratio, so it holds regardless of market direction.

Commons →TAGGER →