Vanta Network vs Targon

Targon (SN4) is 1.8× the size of Vanta Network (VANTA) by market capitalisation. Over the past 30 days, VANTA is ahead by 19.2 percentage points (VANTA +14.6% against SN4 -4.6%). Their daily returns move very closely together (correlation 0.94 across 46 shared trading days). SN4 has been the more volatile of the two, at 134% annualised against VANTA's 90%.

Correlation: 0.94
Size ratio: 1 : 1.8
Ahead over 30 days: VANTA

Vanta NetworkVANTA

$7.6500

24h: +4.15%
Market cap: $42.98M
Volume 24h: $274,345
Volatility (ann.): 90%

TargonSN4

$13.4500

24h: +3.06%
Market cap: $79.42M
Volume 24h: $828,728
Volatility (ann.): 134%

VANTA 35.1%Share of the two combined market caps64.9% SN4

Performance

VANTASN4

7 days-6.10%-13.99%VANTA
30 days+14.57%-4.59%VANTA

Correlation

0.94over 46 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.9490d: 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	VANTA	SN4
Max drawdown (400d)	-23.8%	-24.4%
Risk-adjusted return (90d)	0.11	0.17

Relative strength over 90 days: VANTA outperformed SN4 by 19.1% — measured on the VANTA/SN4 ratio, so it holds regardless of market direction.

Vanta Network →Targon →