Kohenoor vs Akedo

Akedo (AKE) is 64.0× the size of Kohenoor (KEN) by market capitalisation. Over the past 30 days, KEN is ahead by 72.7 percentage points (KEN -2.7% against AKE -75.4%). Their daily returns move barely in opposite directions (correlation -0.08 across 29 shared trading days). AKE has been the more volatile of the two, at 452% annualised against KEN's 59%.

Correlation: -0.08
Size ratio: 1 : 64.0
Ahead over 30 days: KEN

KohenoorKEN

$37.2600

24h: +0.03%
Market cap: $1.12M
Volume 24h: $96
Volatility (ann.): 59%

AkedoAKE

$0.003121

24h: -26.05%
Market cap: $71.51M
Volume 24h: $21.19M
Volatility (ann.): 452%

KEN 1.5%Share of the two combined market caps98.5% AKE

Performance

KENAKE

7 days-0.64%-81.30%KEN
30 days-2.69%-75.40%KEN

Correlation

-0.08over 29 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	KEN	AKE
Max drawdown (400d)	-18.6%	-89.7%
Risk-adjusted return (90d)	-0.16	-0.13

Relative strength over 90 days: KEN outperformed AKE by 76.5% — measured on the KEN/AKE ratio, so it holds regardless of market direction.

Kohenoor →Akedo →