Taoillium vs Targon

Targon (SN4) is 95.7× the size of Taoillium (SN109) by market capitalisation. Over the past 30 days, SN109 is ahead by 12.1 percentage points (SN109 +7.5% against SN4 -4.6%). Their daily returns move very closely together (correlation 0.90 across 22 shared trading days). Both have run at a similar volatility, around 127% annualised.

Correlation: 0.90
Size ratio: 1 : 95.7
Ahead over 30 days: SN109

TaoilliumSN109

$0.509940

24h: -0.18%
Market cap: $815,991
Volume 24h: $6,463
Volatility (ann.): 120%

TargonSN4

$13.2200

24h: -0.21%
Market cap: $78.07M
Volume 24h: $901,762
Volatility (ann.): 134%

SN109 1.0%Share of the two combined market caps99.0% SN4

Performance

SN109SN4

7 days+0.98%-13.99%SN109
30 days+7.55%-4.59%SN109

Correlation

0.90over 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	SN109	SN4
Max drawdown (400d)	-28.0%	-24.4%
Risk-adjusted return (90d)	0.06	0.17

Relative strength over 90 days: SN4 outperformed SN109 by 17.0% — measured on the SN109/SN4 ratio, so it holds regardless of market direction.

Taoillium →Targon →