OKZOO vs Akedo

Akedo (AKE) is 1.5× the size of OKZOO (AIOT) by market capitalisation. Over the past 30 days, AIOT is ahead by 191.3 percentage points (AIOT +115.9% against AKE -75.4%). Their daily returns move barely together (correlation 0.05 across 34 shared trading days). AKE has been the more volatile of the two, at 452% annualised against AIOT's 90%.

Correlation: 0.05
Size ratio: 1 : 1.5
Ahead over 30 days: AIOT

OKZOOAIOT

$0.093250

24h: +4.61%
Market cap: $48.98M
Volume 24h: $1.28M
Volatility (ann.): 90%

AkedoAKE

$0.003217

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

AIOT 40.0%Share of the two combined market caps60.0% AKE

Performance

AIOTAKE

7 days+25.24%-81.30%AIOT
30 days+115.87%-75.40%AIOT

Correlation

0.05over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0590d: 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	AIOT	AKE
Max drawdown (400d)	-7.6%	-89.7%
Risk-adjusted return (90d)	1.52	-0.13

Relative strength over 90 days: AIOT outperformed AKE by 452.7% — measured on the AIOT/AKE ratio, so it holds regardless of market direction.

OKZOO →Akedo →