Green Compute vs Targon

Targon (SN4) is 4.1× the size of Green Compute (SN110) by market capitalisation. Over the past 30 days, SN110 is ahead by 58.6 percentage points (SN110 +54.0% against SN4 -4.6%). Their daily returns move very closely together (correlation 0.86 across 24 shared trading days). Both have run at a similar volatility, around 142% annualised.

Correlation: 0.86
Size ratio: 1 : 4.1
Ahead over 30 days: SN110

Green ComputeSN110

$5.7300

24h: +4.95%
Market cap: $18.92M
Volume 24h: $844,104
Volatility (ann.): 150%

TargonSN4

$13.2200

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

SN110 19.5%Share of the two combined market caps80.5% SN4

Performance

SN110SN4

7 days+26.65%-13.99%SN110
30 days+54.01%-4.59%SN110

Correlation

0.86over 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	SN110	SN4
Max drawdown (400d)	-15.5%	-24.4%
Risk-adjusted return (90d)	0.36	0.17

Relative strength over 90 days: SN110 outperformed SN4 by 26.1% — measured on the SN110/SN4 ratio, so it holds regardless of market direction.

Green Compute →Targon →