Sentient (SENT) is 2.3× the size of Akedo (AKE) by market capitalisation. Their daily returns move barely together (correlation 0.19 across 59 shared trading days). AKE has been the more volatile of the two, at 457% annualised against SENT's 118%.
AKESENT
0.19over 59 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 | AKE | SENT |
|---|---|---|
| Max drawdown (400d) | -93.5% | -75.8% |
| Risk-adjusted return (90d) | -0.16 | 0.46 |
Relative strength over 90 days: SENT outperformed AKE by 83.3% — measured on the AKE/SENT ratio, so it holds regardless of market direction.