Commons vs Akedo

Akedo (AKE) is 2722.8× the size of Commons (CMNS) by market capitalisation. Over the past 30 days, AKE is ahead by 11.4 percentage points (CMNS -94.6% against AKE -83.2%). Their daily returns move barely together (correlation 0.14 across 24 shared trading days). AKE has been the more volatile of the two, at 457% annualised against CMNS's 258%.

Correlation: 0.14
Size ratio: 1 : 2722.8
Ahead over 30 days: AKE

CommonsCMNS

$6.566e-5

24h: —
Market cap: $21,511
Volume 24h: $132
Volatility (ann.): 258%

AkedoAKE

$0.002570

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

CMNS 0.0%Share of the two combined market caps100.0% AKE

Performance

CMNSAKE

7 days-32.73%-88.63%CMNS
30 days-94.56%-83.17%AKE

Correlation

0.14over 24 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	CMNS	AKE
Max drawdown (400d)	-95.8%	-93.5%
Risk-adjusted return (90d)	-0.37	-0.16

Relative strength over 90 days: CMNS outperformed AKE by 120.3% — measured on the CMNS/AKE ratio, so it holds regardless of market direction.

Commons →Akedo →