MetYa vs Akedo

Akedo (AKE) is 3.9× the size of MetYa (MY) by market capitalisation. Over the past 30 days, MY is ahead by 50.9 percentage points (MY -24.5% against AKE -75.4%). Their daily returns move barely in opposite directions (correlation -0.20 across 30 shared trading days). AKE has been the more volatile of the two, at 452% annualised against MY's 76%.

Correlation: -0.20
Size ratio: 1 : 3.9
Ahead over 30 days: MY

MetYaMY

$0.018840

24h: -5.78%
Market cap: $18.58M
Volume 24h: $89,194
Volatility (ann.): 76%

AkedoAKE

$0.003217

24h: -21.84%
Market cap: $73.40M
Volume 24h: $21.70M
Volatility (ann.): 452%

MY 20.2%Share of the two combined market caps79.8% AKE

Performance

MYAKE

7 days-2.42%-81.30%MY
30 days-24.51%-75.40%MY

Correlation

-0.20over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2090d: 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	MY	AKE
Max drawdown (400d)	-36.3%	-89.7%
Risk-adjusted return (90d)	-0.33	-0.13

Relative strength over 90 days: MY outperformed AKE by 36.7% — measured on the MY/AKE ratio, so it holds regardless of market direction.

MetYa →Akedo →