INFINIT vs Akedo

Akedo (AKE) is 6.2× the size of INFINIT (IN) by market capitalisation. Their daily returns move barely together (correlation 0.14 across 38 shared trading days). AKE has been the more volatile of the two, at 452% annualised against IN's 122%.

Correlation: 0.14
Size ratio: 1 : 6.2

INFINITIN

$0.027458

24h: +0.60%
Market cap: $9.47M
Volume 24h: $1.19M
Volatility (ann.): 122%

AkedoAKE

$0.002594

24h: -34.76%
Market cap: $59.09M
Volume 24h: $20.70M
Volatility (ann.): 452%

IN 13.8%Share of the two combined market caps86.2% AKE

Performance

INAKE

7 days-18.04%-81.30%IN
30 days-8.58%-75.40%IN
90 days-44.82%——

Correlation

0.14over 38 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 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	IN	AKE
Max drawdown (400d)	-76.2%	-89.7%
Risk-adjusted return (90d)	-0.60	-0.13

Relative strength over 90 days: IN outperformed AKE by 76.6% — measured on the IN/AKE ratio, so it holds regardless of market direction.

INFINIT →Akedo →