AKAS vs XRP

AKAS (AS) and XRP (XRP) compared side by side. Their daily returns move barely together (correlation 0.11 across 34 shared trading days). XRP has been the more volatile of the two, at 65% annualised against AS's 13%.

Correlation: 0.11

AKASAS

$0.158037

24h: -1.43%
Market cap: —
Volume 24h: $64,251
Volatility (ann.): 13%

XRPXRP

$1.3108

24h: +2.08%
Market cap: $82.88B
Volume 24h: $2.84B
Volatility (ann.): 65%

AS 0.0%Share of the two combined market caps100.0% XRP

Performance

ASXRP

7 days-7.88%-4.10%XRP
30 days-33.63%-16.04%XRP
90 days—+20.18%—
1 year—-44.72%—

Correlation

0.11over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1590d: 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	AS	XRP
Max drawdown (400d)	-36.4%	-67.3%
Risk-adjusted return (90d)	-2.84	0.29
Best 30 days (past year)	—	+41.9%
Worst 30 days (past year)	—	-47.3%

Relative strength over 90 days: XRP outperformed AS by 25.5% — measured on the AS/XRP ratio, so it holds regardless of market direction.

AKAS →XRP →