Assemble AI vs Akedo

Akedo (AKE) is 8.4× the size of Assemble AI (ASM) by market capitalisation. Over the past 30 days, ASM is ahead by 84.3 percentage points (ASM +8.9% against AKE -75.4%). Their daily returns move barely together (correlation 0.17 across 22 shared trading days). AKE has been the more volatile of the two, at 452% annualised against ASM's 56%.

Correlation: 0.17
Size ratio: 1 : 8.4
Ahead over 30 days: ASM

Assemble AIASM

$0.004908

24h: +1.22%
Market cap: $7.39M
Volume 24h: $65,920
Volatility (ann.): 56%

AkedoAKE

$0.002706

24h: -31.60%
Market cap: $62.36M
Volume 24h: $13.62M
Volatility (ann.): 452%

ASM 10.6%Share of the two combined market caps89.4% AKE

Performance

ASMAKE

7 days+9.52%-81.30%ASM
30 days+8.88%-75.40%ASM

Correlation

0.17over 22 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	ASM	AKE
Max drawdown (400d)	-8.2%	-89.7%
Risk-adjusted return (90d)	0.16	-0.13

Relative strength over 90 days: AKE outperformed ASM by 70.9% — measured on the ASM/AKE ratio, so it holds regardless of market direction.

Assemble AI →Akedo →