aiRight vs Akedo

Akedo (AKE) is 7193.1× the size of aiRight (AIRI) by market capitalisation. Over the past 30 days, AIRI is ahead by 19.0 percentage points (AIRI -64.2% against AKE -83.2%). Their daily returns move barely in opposite directions (correlation -0.16 across 21 shared trading days). AKE has been the more volatile of the two, at 457% annualised against AIRI's 238%.

Correlation: -0.16
Size ratio: 1 : 7193.1
Ahead over 30 days: AIRI

aiRightAIRI

$5.270e-6

24h: +1.10%
Market cap: $7,157
Volume 24h: $6
Volatility (ann.): 238%

AkedoAKE

$0.002258

24h: -11.12%
Market cap: $51.48M
Volume 24h: $36.32M
Volatility (ann.): 457%

AIRI 0.0%Share of the two combined market caps100.0% AKE

Performance

AIRIAKE

7 days+2.03%-88.63%AIRI
30 days-64.21%-83.17%AIRI

Correlation

-0.16over 21 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	AIRI	AKE
Max drawdown (400d)	-71.1%	-93.5%
Risk-adjusted return (90d)	-0.27	-0.16

Relative strength over 90 days: AIRI outperformed AKE by 227.6% — measured on the AIRI/AKE ratio, so it holds regardless of market direction.

aiRight →Akedo →