Manyways Inference vs Akedo

Akedo (AKE) is 1190.8× the size of Manyways Inference (MANY) by market capitalisation. Over the past 30 days, MANY is ahead by 63.6 percentage points (MANY -11.8% against AKE -75.4%). Their daily returns move barely together (correlation 0.03 across 24 shared trading days). MANY has been the more volatile of the two, at 4323% annualised against AKE's 452%.

Correlation: 0.03
Size ratio: 1 : 1190.8
Ahead over 30 days: MANY

Manyways InferenceMANY

$5.622e-5

24h: -0.57%
Market cap: $56,224
Volume 24h: $101
Volatility (ann.): 4323%

AkedoAKE

$0.002937

24h: -35.62%
Market cap: $66.95M
Volume 24h: $19.88M
Volatility (ann.): 452%

MANY 0.1%Share of the two combined market caps99.9% AKE

Performance

MANYAKE

7 days-32.81%-81.30%MANY
30 days-11.76%-75.40%MANY

Correlation

0.03over 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	MANY	AKE
Max drawdown (400d)	-99.0%	-89.7%
Risk-adjusted return (90d)	-0.02	-0.13

Relative strength over 90 days: AKE outperformed MANY by 45.7% — measured on the MANY/AKE ratio, so it holds regardless of market direction.

Manyways Inference →Akedo →