nuit vs TAGGER

TAGGER (TAG) is 1676.9× the size of nuit (NUIT) by market capitalisation. Over the past 30 days, TAG is ahead by 55.1 percentage points (NUIT -41.7% against TAG +13.3%). Their daily returns move barely in opposite directions (correlation -0.14 across 20 shared trading days). TAG has been the more volatile of the two, at 204% annualised against NUIT's 123%.

Correlation: -0.14
Size ratio: 1 : 1676.9
Ahead over 30 days: TAG

nuitNUIT

$4.509e-5

24h: -0.75%
Market cap: $45,093
Volume 24h: $12
Volatility (ann.): 123%

TAGGERTAG

$0.000695

24h: -6.89%
Market cap: $75.62M
Volume 24h: $1.96M
Volatility (ann.): 204%

NUIT 0.1%Share of the two combined market caps99.9% TAG

Performance

NUITTAG

7 days-10.78%-9.01%TAG
30 days-41.75%+13.32%TAG

Correlation

-0.14over 20 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	NUIT	TAG
Max drawdown (400d)	-41.8%	-52.8%
Risk-adjusted return (90d)	-0.19	-0.11

Relative strength over 90 days: TAG outperformed NUIT by 35.9% — measured on the NUIT/TAG ratio, so it holds regardless of market direction.

nuit →TAGGER →