Akedo vs Pieverse

Pieverse (PIEVERSE) is 5.6× the size of Akedo (AKE) by market capitalisation. Over the past 30 days, PIEVERSE is ahead by 84.0 percentage points (AKE -83.2% against PIEVERSE +0.8%). Their daily returns move barely together (correlation 0.21 across 59 shared trading days). AKE has been the more volatile of the two, at 457% annualised against PIEVERSE's 144%.

Correlation: 0.21
Size ratio: 1 : 5.6
Ahead over 30 days: PIEVERSE

AkedoAKE

$0.002570

24h: -15.22%
Market cap: $58.57M
Volume 24h: $13.85M
Volatility (ann.): 457%

PieversePIEVERSE

$1.2000

24h: +1.92%
Market cap: $328.63M
Volume 24h: $4.56M
Volatility (ann.): 144%

AKE 15.1%Share of the two combined market caps84.9% PIEVERSE

Performance

AKEPIEVERSE

7 days-88.63%+14.98%PIEVERSE
30 days-83.17%+0.85%PIEVERSE

Correlation

0.21over 59 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	AKE	PIEVERSE
Max drawdown (400d)	-93.5%	-38.7%
Risk-adjusted return (90d)	-0.16	0.28

Relative strength over 90 days: PIEVERSE outperformed AKE by 81.6% — measured on the AKE/PIEVERSE ratio, so it holds regardless of market direction.

Akedo →Pieverse →