THOR vs Targon

Targon (SN4) is 14.9× the size of THOR (SN112) by market capitalisation. Over the past 30 days, SN112 is ahead by 147.5 percentage points (SN112 +142.9% against SN4 -4.6%). Their daily returns move very closely together (correlation 0.90 across 23 shared trading days). SN112 has been the more volatile of the two, at 240% annualised against SN4's 134%.

Correlation: 0.90
Size ratio: 1 : 14.9
Ahead over 30 days: SN112

THORSN112

$1.8700

24h: +4.02%
Market cap: $5.29M
Volume 24h: $260,718
Volatility (ann.): 240%

TargonSN4

$13.3400

24h: +2.76%
Market cap: $78.78M
Volume 24h: $855,681
Volatility (ann.): 134%

SN112 6.3%Share of the two combined market caps93.7% SN4

Performance

SN112SN4

7 days-9.31%-13.99%SN112
30 days+142.87%-4.59%SN112

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	SN112	SN4
Max drawdown (400d)	-24.1%	-24.4%
Risk-adjusted return (90d)	0.60	0.17

Relative strength over 90 days: SN112 outperformed SN4 by 110.8% — measured on the SN112/SN4 ratio, so it holds regardless of market direction.

THOR →Targon →