tagSpace vs Somnium Space CUBEs

Somnium Space CUBEs (CUBE) is 7.5× the size of tagSpace (TAGAI) by market capitalisation. Over the past 30 days, TAGAI is ahead by 19.7 percentage points (TAGAI -3.1% against CUBE -22.8%). Their daily returns move barely in opposite directions (correlation -0.35 across 26 shared trading days). TAGAI has been the more volatile of the two, at 136% annualised against CUBE's 112%.

Correlation: -0.35
Size ratio: 1 : 7.5
Ahead over 30 days: TAGAI

tagSpaceTAGAI

$1.009e-5

24h: +5.23%
Market cap: $325,580
Volume 24h: $186
Volatility (ann.): 136%

Somnium Space CUBEsCUBE

$0.064169

24h: —
Market cap: $2.44M
Volume 24h: $659
Volatility (ann.): 112%

TAGAI 11.8%Share of the two combined market caps88.2% CUBE

Performance

TAGAICUBE

7 days-17.47%-12.50%CUBE
30 days-3.15%-22.81%TAGAI

Correlation

-0.35over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3590d: 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	TAGAI	CUBE
Max drawdown (400d)	-27.1%	-28.2%
Risk-adjusted return (90d)	-0.05	-0.25

Relative strength over 90 days: TAGAI outperformed CUBE by 20.2% — measured on the TAGAI/CUBE ratio, so it holds regardless of market direction.

tagSpace →Somnium Space CUBEs →