JojoWorld vs Akedo

Akedo (AKE) is 4339.0× the size of JojoWorld (JOJO) by market capitalisation. Over the past 30 days, JOJO is ahead by 52.8 percentage points (JOJO -30.4% against AKE -83.2%). Their daily returns move barely together (correlation 0.10 across 24 shared trading days). AKE has been the more volatile of the two, at 457% annualised against JOJO's 258%.

Correlation: 0.10
Size ratio: 1 : 4339.0
Ahead over 30 days: JOJO

JojoWorldJOJO

$0.000112

24h: -5.75%
Market cap: $12,556
Volume 24h: $89
Volatility (ann.): 258%

AkedoAKE

$0.002390

24h: -9.39%
Market cap: $54.48M
Volume 24h: $34.38M
Volatility (ann.): 457%

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

Performance

JOJOAKE

7 days-4.27%-88.63%JOJO
30 days-30.42%-83.17%JOJO

Correlation

0.10over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	JOJO	AKE
Max drawdown (400d)	-45.0%	-93.5%
Risk-adjusted return (90d)	-0.02	-0.16

Relative strength over 90 days: JOJO outperformed AKE by 449.0% — measured on the JOJO/AKE ratio, so it holds regardless of market direction.

JojoWorld →Akedo →