How much free play should new timing chain have?

I got a comp chain setup with my cam kit and it was loose.Put a Mopar Performace one on and all good and tight.Never looked into it tho

Same thing happened to me, the comp chain was super loose, looked in my parts stash and found a new MP one in the original package, it must have been from the 80's, forgot I had it but it was nice and tight.

Recently I bought a summit brand chain, and it was also tight.

Summit RacingĀ® True Roller Timing Sets SUM-G6603R-9