ReadyAI vs Targon

Targon (SN4) is 22.1× the size of ReadyAI (SN33) by market capitalisation. Over the past 30 days, SN33 is ahead by 8.0 percentage points (SN33 +3.4% against SN4 -4.6%). Their daily returns move closely together (correlation 0.65 across 24 shared trading days). SN33 has been the more volatile of the two, at 180% annualised against SN4's 134%.

Correlation: 0.65
Size ratio: 1 : 22.1
Ahead over 30 days: SN33

ReadyAISN33

$0.715664

24h: +6.11%
Market cap: $3.64M
Volume 24h: $222,158
Volatility (ann.): 180%

TargonSN4

$13.6300

24h: +3.25%
Market cap: $80.48M
Volume 24h: $920,878
Volatility (ann.): 134%

SN33 4.3%Share of the two combined market caps95.7% SN4

Performance

SN33SN4

7 days-12.86%-13.99%SN33
30 days+3.39%-4.59%SN33

Correlation

0.65over 24 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	SN33	SN4
Max drawdown (400d)	-33.9%	-24.4%
Risk-adjusted return (90d)	0.02	0.17

Relative strength over 90 days: SN4 outperformed SN33 by 15.3% — measured on the SN33/SN4 ratio, so it holds regardless of market direction.

ReadyAI →Targon →