Umi vs Targon

Targon (SN4) is 114.6× the size of Umi (SN78) by market capitalisation. Over the past 30 days, SN4 is ahead by 64.6 percentage points (SN78 -69.2% against SN4 -4.6%). Their daily returns move closely together (correlation 0.82 across 28 shared trading days). SN78 has been the more volatile of the two, at 284% annualised against SN4's 134%.

Correlation: 0.82
Size ratio: 1 : 114.6
Ahead over 30 days: SN4

UmiSN78

$0.423035

24h: -1.65%
Market cap: $694,241
Volume 24h: $61,566
Volatility (ann.): 284%

TargonSN4

$13.4700

24h: +3.35%
Market cap: $79.55M
Volume 24h: $830,101
Volatility (ann.): 134%

SN78 0.9%Share of the two combined market caps99.1% SN4

Performance

SN78SN4

7 days-59.67%-13.99%SN4
30 days-69.21%-4.59%SN4

Correlation

0.82over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8290d: 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	SN78	SN4
Max drawdown (400d)	-69.2%	-24.4%
Risk-adjusted return (90d)	-0.23	0.17

Relative strength over 90 days: SN4 outperformed SN78 by 64.4% — measured on the SN78/SN4 ratio, so it holds regardless of market direction.

Umi →Targon →