Omron vs Targon

Targon (SN4) is 16.4× the size of Omron (SN2) by market capitalisation. Over the past 30 days, SN2 is ahead by 33.3 percentage points (SN2 +28.7% against SN4 -4.6%). Their daily returns move closely together (correlation 0.82 across 23 shared trading days). Both have run at a similar volatility, around 131% annualised.

Correlation: 0.82
Size ratio: 1 : 16.4
Ahead over 30 days: SN2

OmronSN2

$0.904636

24h: +4.70%
Market cap: $4.75M
Volume 24h: $424,321
Volatility (ann.): 128%

TargonSN4

$13.2200

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

SN2 5.7%Share of the two combined market caps94.3% SN4

Performance

SN2SN4

7 days-2.45%-13.99%SN2
30 days+28.70%-4.59%SN2

Correlation

0.82over 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	SN2	SN4
Max drawdown (400d)	-26.9%	-24.4%
Risk-adjusted return (90d)	0.22	0.17

Relative strength over 90 days: SN2 outperformed SN4 by 4.3% — measured on the SN2/SN4 ratio, so it holds regardless of market direction.

Omron →Targon →