Targon vs Vanta Network

Targon (SN4) is 1.9× the size of Vanta Network (VANTA) by market capitalisation. Over the past 30 days, VANTA is ahead by 20.1 percentage points (SN4 -1.0% against VANTA +19.1%). Their daily returns move very closely together (correlation 0.94 across 47 shared trading days). SN4 has been the more volatile of the two, at 133% annualised against VANTA's 90%.

Correlation: 0.94
Size ratio: 1.9×
Ahead over 30 days: VANTA

TargonSN4

$13.7100

24h: +6.57%
Market cap: $81.17M
Volume 24h: $913,557
Volatility (ann.): 133%

Vanta NetworkVANTA

$7.7300

24h: +6.35%
Market cap: $43.56M
Volume 24h: $320,193
Volatility (ann.): 90%

SN4 65.1%Share of the two combined market caps34.9% VANTA

Performance

SN4VANTA

7 days-7.54%-2.89%VANTA
30 days-1.02%+19.08%VANTA

Correlation

0.94over 47 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.9490d: 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	SN4	VANTA
Max drawdown (400d)	-24.4%	-23.8%
Risk-adjusted return (90d)	0.21	0.17

Relative strength over 90 days: VANTA outperformed SN4 by 16.7% — measured on the SN4/VANTA ratio, so it holds regardless of market direction.

Targon →Vanta Network →