Aurelius vs Targon

Targon (SN4) is 26.6× the size of Aurelius (SN37) by market capitalisation. Over the past 30 days, SN4 is ahead by 0.7 percentage points (SN37 -5.3% against SN4 -4.6%). Their daily returns move very closely together (correlation 0.88 across 23 shared trading days). SN4 has been the more volatile of the two, at 134% annualised against SN37's 103%.

Correlation: 0.88
Size ratio: 1 : 26.6
Ahead over 30 days: SN4

AureliusSN37

$0.591958

24h: -0.07%
Market cap: $2.94M
Volume 24h: $5,978
Volatility (ann.): 103%

TargonSN4

$13.2200

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

SN37 3.6%Share of the two combined market caps96.4% SN4

Performance

SN37SN4

7 days-7.83%-13.99%SN37
30 days-5.27%-4.59%SN4

Correlation

0.88over 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	SN37	SN4
Max drawdown (400d)	-31.4%	-24.4%
Risk-adjusted return (90d)	-0.05	0.17

Relative strength over 90 days: SN4 outperformed SN37 by 23.2% — measured on the SN37/SN4 ratio, so it holds regardless of market direction.

Aurelius →Targon →