HatcherLabs vs Akedo

Akedo (AKE) is 6609.8× the size of HatcherLabs (HATCHER) by market capitalisation. Over the past 30 days, HATCHER is ahead by 28.4 percentage points (HATCHER -57.5% against AKE -85.9%). Their daily returns move barely together (correlation 0.27 across 25 shared trading days). AKE has been the more volatile of the two, at 454% annualised against HATCHER's 286%.

Correlation: 0.27
Size ratio: 1 : 6609.8
Ahead over 30 days: HATCHER

HatcherLabsHATCHER

$2.034e-5

24h: +19.64%
Market cap: $17,485
Volume 24h: $1,010
Volatility (ann.): 286%

AkedoAKE

$0.005071

24h: +86.63%
Market cap: $115.57M
Volume 24h: $123.60M
Volatility (ann.): 454%

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

Performance

HATCHERAKE

7 days-28.22%-89.22%HATCHER
30 days-57.55%-85.94%HATCHER

Correlation

0.27over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	HATCHER	AKE
Max drawdown (400d)	-71.0%	-94.2%
Risk-adjusted return (90d)	-0.20	-0.17

Relative strength over 90 days: HATCHER outperformed AKE by 397.7% — measured on the HATCHER/AKE ratio, so it holds regardless of market direction.

HatcherLabs →Akedo →