Ethy AI vs Akedo

Akedo (AKE) is 83.2× the size of Ethy AI (ETHY) by market capitalisation. Over the past 30 days, ETHY is ahead by 51.6 percentage points (ETHY -23.8% against AKE -75.4%). Their daily returns move barely together (correlation 0.08 across 28 shared trading days). AKE has been the more volatile of the two, at 452% annualised against ETHY's 138%.

Correlation: 0.08
Size ratio: 1 : 83.2
Ahead over 30 days: ETHY

Ethy AIETHY

$0.000799

24h: -4.28%
Market cap: $798,782
Volume 24h: $5,637
Volatility (ann.): 138%

AkedoAKE

$0.002920

24h: -37.19%
Market cap: $66.47M
Volume 24h: $19.68M
Volatility (ann.): 452%

ETHY 1.2%Share of the two combined market caps98.8% AKE

Performance

ETHYAKE

7 days-7.15%-81.30%ETHY
30 days-23.81%-75.40%ETHY

Correlation

0.08over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0890d: 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	ETHY	AKE
Max drawdown (400d)	-33.6%	-89.7%
Risk-adjusted return (90d)	-0.24	-0.13

Relative strength over 90 days: ETHY outperformed AKE by 29.3% — measured on the ETHY/AKE ratio, so it holds regardless of market direction.

Ethy AI →Akedo →