Dolphin vs Akedo

Akedo (AKE) is 1.6× the size of Dolphin (POD) by market capitalisation. Over the past 30 days, POD is ahead by 144.8 percentage points (POD +69.4% against AKE -75.4%). Their daily returns move barely in opposite directions (correlation -0.02 across 34 shared trading days). AKE has been the more volatile of the two, at 452% annualised against POD's 264%.

Correlation: -0.02
Size ratio: 1 : 1.6
Ahead over 30 days: POD

DolphinPOD

$0.495563

24h: -10.11%
Market cap: $41.61M
Volume 24h: $7.06M
Volatility (ann.): 264%

AkedoAKE

$0.002904

24h: -37.64%
Market cap: $66.21M
Volume 24h: $8.92M
Volatility (ann.): 452%

POD 38.6%Share of the two combined market caps61.4% AKE

Performance

PODAKE

7 days-13.71%-81.30%POD
30 days+69.40%-75.40%POD

Correlation

-0.02over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0190d: 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	POD	AKE
Max drawdown (400d)	-44.0%	-89.7%
Risk-adjusted return (90d)	0.05	-0.13

Relative strength over 90 days: POD outperformed AKE by 113.8% — measured on the POD/AKE ratio, so it holds regardless of market direction.

Dolphin →Akedo →