Akedo vs Venice Token

Venice Token (VVV) is 18.1× the size of Akedo (AKE) by market capitalisation. Over the past 30 days, VVV is ahead by 83.2 percentage points (AKE -83.2% against VVV +0.0%). Their daily returns move barely together (correlation 0.10 across 59 shared trading days). AKE has been the more volatile of the two, at 457% annualised against VVV's 169%.

Correlation: 0.10
Size ratio: 1 : 18.1
Ahead over 30 days: VVV

AkedoAKE

$0.002570

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

Venice TokenVVV

$21.7100

24h: -2.93%
Market cap: $1.06B
Volume 24h: $57.32M
Volatility (ann.): 169%

AKE 5.2%Share of the two combined market caps94.8% VVV

Performance

AKEVVV

7 days-88.63%-9.39%VVV
30 days-83.17%+0.00%VVV

Correlation

0.10over 59 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	VVV
Max drawdown (400d)	-93.5%	-29.6%
Risk-adjusted return (90d)	-0.16	0.50

Relative strength over 90 days: VVV outperformed AKE by 86.0% — measured on the AKE/VVV ratio, so it holds regardless of market direction.

Akedo →Venice Token →