Solrouter vs TAGGER

TAGGER (TAG) is 148.7× the size of Solrouter (ROUTER) by market capitalisation. Over the past 30 days, TAG is ahead by 34.2 percentage points (ROUTER -22.2% against TAG +12.1%). Their daily returns move loosely together (correlation 0.49 across 31 shared trading days). ROUTER has been the more volatile of the two, at 622% annualised against TAG's 206%.

Correlation: 0.49
Size ratio: 1 : 148.7
Ahead over 30 days: TAG

SolrouterROUTER

$0.000788

24h: -11.81%
Market cap: $558,086
Volume 24h: $2,470
Volatility (ann.): 622%

TAGGERTAG

$0.000763

24h: +0.67%
Market cap: $83.01M
Volume 24h: $2.43M
Volatility (ann.): 206%

ROUTER 0.7%Share of the two combined market caps99.3% TAG

Performance

ROUTERTAG

7 days-5.17%+10.10%TAG
30 days-22.17%+12.08%TAG

Correlation

0.49over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4990d: 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	ROUTER	TAG
Max drawdown (400d)	-78.4%	-52.8%
Risk-adjusted return (90d)	0.50	-0.11

Relative strength over 90 days: ROUTER outperformed TAG by 319.4% — measured on the ROUTER/TAG ratio, so it holds regardless of market direction.

Solrouter →TAGGER →