Pieverse vs Akedo

Pieverse (PIEVERSE) is 5.8× the size of Akedo (AKE) by market capitalisation. Over the past 30 days, PIEVERSE is ahead by 84.0 percentage points (PIEVERSE +0.8% against AKE -83.2%). Their daily returns move barely together (correlation 0.21 across 59 shared trading days). AKE has been the more volatile of the two, at 457% annualised against PIEVERSE's 144%.

Correlation: 0.21
Size ratio: 5.8×
Ahead over 30 days: PIEVERSE

PieversePIEVERSE

$1.1900

24h: +2.20%
Market cap: $326.13M
Volume 24h: $5.52M
Volatility (ann.): 144%

AkedoAKE

$0.002462

24h: -36.72%
Market cap: $56.11M
Volume 24h: $20.11M
Volatility (ann.): 457%

PIEVERSE 85.3%Share of the two combined market caps14.7% AKE

Performance

PIEVERSEAKE

7 days+14.98%-88.63%PIEVERSE
30 days+0.85%-83.17%PIEVERSE

Correlation

0.21over 59 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	PIEVERSE	AKE
Max drawdown (400d)	-38.7%	-93.5%
Risk-adjusted return (90d)	0.28	-0.16

Relative strength over 90 days: PIEVERSE outperformed AKE by 443.4% — measured on the PIEVERSE/AKE ratio, so it holds regardless of market direction.

Pieverse →Akedo →