RNA vs Targon

Targon (SN4) is 15.5× the size of RNA (SN117) by market capitalisation. Over the past 30 days, SN117 is ahead by 26.0 percentage points (SN117 +21.4% against SN4 -4.6%). Their daily returns move very closely together (correlation 0.91 across 23 shared trading days). SN117 has been the more volatile of the two, at 161% annualised against SN4's 134%.

Correlation: 0.91
Size ratio: 1 : 15.5
Ahead over 30 days: SN117

RNASN117

$1.7900

24h: -0.56%
Market cap: $5.12M
Volume 24h: $865,917
Volatility (ann.): 161%

TargonSN4

$13.4700

24h: +3.23%
Market cap: $79.52M
Volume 24h: $829,199
Volatility (ann.): 134%

SN117 6.1%Share of the two combined market caps93.9% SN4

Performance

SN117SN4

7 days-18.52%-13.99%SN4
30 days+21.37%-4.59%SN117

Correlation

0.91over 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	SN117	SN4
Max drawdown (400d)	-28.8%	-24.4%
Risk-adjusted return (90d)	0.13	0.17

Relative strength over 90 days: SN117 outperformed SN4 by 1.7% — measured on the SN117/SN4 ratio, so it holds regardless of market direction.

RNA →Targon →