Lux Token vs Akedo

Akedo (AKE) is 5845.4× the size of Lux Token (LUX) by market capitalisation. Over the past 30 days, LUX is ahead by 54.0 percentage points (LUX -31.9% against AKE -85.9%). Their daily returns move barely in opposite directions (correlation -0.10 across 25 shared trading days). AKE has been the more volatile of the two, at 454% annualised against LUX's 52%.

Correlation: -0.10
Size ratio: 1 : 5845.4
Ahead over 30 days: LUX

Lux TokenLUX

$1.988e-5

24h: -5.90%
Market cap: $19,771
Volume 24h: $8
Volatility (ann.): 52%

AkedoAKE

$0.005071

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

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

Performance

LUXAKE

7 days-9.35%-89.22%LUX
30 days-31.93%-85.94%LUX

Correlation

-0.10over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	LUX	AKE
Max drawdown (400d)	-32.0%	-94.2%
Risk-adjusted return (90d)	-0.57	-0.17

Relative strength over 90 days: LUX outperformed AKE by 702.7% — measured on the LUX/AKE ratio, so it holds regardless of market direction.

Lux Token →Akedo →