Akedo (AKE) is 425.6× the size of Agent Virtual Machine (AVM) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.33 across 31 shared trading days). AVM has been the more volatile of the two, at 1539% annualised against AKE's 457%.
AVMAKE
-0.33over 31 shared trading days
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.
| Metric | AVM | AKE |
|---|---|---|
| Max drawdown (400d) | -99.7% | -93.5% |
| Risk-adjusted return (90d) | -0.04 | -0.16 |
Relative strength over 90 days: AKE outperformed AVM by 77.1% — measured on the AVM/AKE ratio, so it holds regardless of market direction.