Akedo (AKE) is 1938.0× the size of FITTED (FITTED) by market capitalisation. Over the past 30 days, FITTED is ahead by 100.9 percentage points (FITTED +17.7% against AKE -83.2%). Their daily returns move barely together (correlation 0.20 across 22 shared trading days). Both have run at a similar volatility, around 430% annualised.
FITTEDAKE
0.20over 22 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 | FITTED | AKE |
|---|---|---|
| Max drawdown (400d) | -39.7% | -93.5% |
| Risk-adjusted return (90d) | 0.04 | -0.16 |
Relative strength over 90 days: FITTED outperformed AKE by 1413.1% — measured on the FITTED/AKE ratio, so it holds regardless of market direction.