Sakura vs TAGGER

TAGGER (TAG) is 909.8× the size of Sakura (SAKURA) by market capitalisation. Over the past 30 days, SAKURA is ahead by 1.1 percentage points (SAKURA +14.4% against TAG +13.3%). Their daily returns move barely together (correlation 0.32 across 30 shared trading days). SAKURA has been the more volatile of the two, at 244% annualised against TAG's 204%.

Correlation: 0.32
Size ratio: 1 : 909.8
Ahead over 30 days: SAKURA

SakuraSAKURA

$8.902e-5

24h: -2.11%
Market cap: $80,107
Volume 24h: $6,351
Volatility (ann.): 244%

TAGGERTAG

$0.000669

24h: -12.99%
Market cap: $72.88M
Volume 24h: $1.95M
Volatility (ann.): 204%

SAKURA 0.1%Share of the two combined market caps99.9% TAG

Performance

SAKURATAG

7 days-13.87%-9.01%TAG
30 days+14.42%+13.32%SAKURA

Correlation

0.32over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	SAKURA	TAG
Max drawdown (400d)	-34.6%	-52.8%
Risk-adjusted return (90d)	-0.01	-0.11

Relative strength over 90 days: TAG outperformed SAKURA by 13.5% — measured on the SAKURA/TAG ratio, so it holds regardless of market direction.

Sakura →TAGGER →