Akedo (AKE) is 718.2× the size of Atua AI (TUA) by market capitalisation. Their daily returns move barely together (correlation 0.01 across 33 shared trading days). Both have run at a similar volatility, around 441% annualised.
TUAAKE
0.01over 33 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 | TUA | AKE |
|---|---|---|
| Max drawdown (400d) | -97.2% | -93.5% |
| Risk-adjusted return (90d) | -0.15 | -0.16 |
Relative strength over 90 days: AKE outperformed TUA by 85.0% — measured on the TUA/AKE ratio, so it holds regardless of market direction.