Satori vs Targon

Targon (SN4) is 69.7× the size of Satori (SN119) by market capitalisation. Over the past 30 days, SN119 is ahead by 15.3 percentage points (SN119 +10.8% against SN4 -4.6%). Their daily returns move very closely together (correlation 0.95 across 22 shared trading days). SN4 has been the more volatile of the two, at 134% annualised against SN119's 109%.

Correlation: 0.95
Size ratio: 1 : 69.7
Ahead over 30 days: SN119

SatoriSN119

$0.503756

24h: -0.14%
Market cap: $1.12M
Volume 24h: $27,599
Volatility (ann.): 109%

TargonSN4

$13.2700

24h: +2.29%
Market cap: $78.33M
Volume 24h: $842,653
Volatility (ann.): 134%

SN119 1.4%Share of the two combined market caps98.6% SN4

Performance

SN119SN4

7 days-6.01%-13.99%SN119
30 days+10.76%-4.59%SN119

Correlation

0.95over 22 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	SN119	SN4
Max drawdown (400d)	-23.2%	-24.4%
Risk-adjusted return (90d)	0.10	0.17

Relative strength over 90 days: SN4 outperformed SN119 by 12.4% — measured on the SN119/SN4 ratio, so it holds regardless of market direction.

Satori →Targon →