Locked Money vs Akedo

Akedo (AKE) is 265.9× the size of Locked Money (LMY) by market capitalisation. Over the past 30 days, LMY is ahead by 61.9 percentage points (LMY -21.3% against AKE -83.2%). Their daily returns move barely in opposite directions (correlation -0.28 across 24 shared trading days). AKE has been the more volatile of the two, at 457% annualised against LMY's 47%.

Correlation: -0.28
Size ratio: 1 : 265.9
Ahead over 30 days: LMY

Locked MoneyLMY

$8.359e-5

24h: —
Market cap: $211,569
Volume 24h: $107
Volatility (ann.): 47%

AkedoAKE

$0.002468

24h: -19.80%
Market cap: $56.27M
Volume 24h: $18.44M
Volatility (ann.): 457%

LMY 0.4%Share of the two combined market caps99.6% AKE

Performance

LMYAKE

7 days-2.95%-88.63%LMY
30 days-21.25%-83.17%LMY

Correlation

-0.28over 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	LMY	AKE
Max drawdown (400d)	-25.0%	-93.5%
Risk-adjusted return (90d)	-0.45	-0.16

Relative strength over 90 days: LMY outperformed AKE by 709.6% — measured on the LMY/AKE ratio, so it holds regardless of market direction.

Locked Money →Akedo →