Locked Money vs TAGGER

TAGGER (TAG) is 381.1× the size of Locked Money (LMY) by market capitalisation. Over the past 30 days, TAG is ahead by 34.6 percentage points (LMY -21.3% against TAG +13.3%). Their daily returns move barely together (correlation 0.11 across 21 shared trading days). TAG has been the more volatile of the two, at 204% annualised against LMY's 47%.

Correlation: 0.11
Size ratio: 1 : 381.1
Ahead over 30 days: TAG

Locked MoneyLMY

$8.359e-5

24h: —
Market cap: $211,569
Volume 24h: $107
Volatility (ann.): 47%

TAGGERTAG

$0.000741

24h: +0.71%
Market cap: $80.62M
Volume 24h: $2.09M
Volatility (ann.): 204%

LMY 0.3%Share of the two combined market caps99.7% TAG

Performance

LMYTAG

7 days-2.95%-9.01%LMY
30 days-21.25%+13.32%TAG

Correlation

0.11over 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	LMY	TAG
Max drawdown (400d)	-25.0%	-52.8%
Risk-adjusted return (90d)	-0.45	-0.11

Relative strength over 90 days: TAG outperformed LMY by 31.5% — measured on the LMY/TAG ratio, so it holds regardless of market direction.

Locked Money →TAGGER →