Redacted Terminal vs Akedo

Akedo (AKE) is 6275.5× the size of Redacted Terminal (███) by market capitalisation. Over the past 30 days, ███ is ahead by 60.6 percentage points (███ -22.6% against AKE -83.2%). Their daily returns move barely in opposite directions (correlation -0.01 across 21 shared trading days). AKE has been the more volatile of the two, at 457% annualised against ███'s 43%.

Correlation: -0.01
Size ratio: 1 : 6275.5
Ahead over 30 days: ███

Redacted Terminal███

$7.900e-6

24h: —
Market cap: $8,682
Volume 24h: —
Volatility (ann.): 43%

AkedoAKE

$0.002390

24h: -9.39%
Market cap: $54.48M
Volume 24h: $34.38M
Volatility (ann.): 457%

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

Performance

███AKE

7 days-7.73%-88.63%███
30 days-22.56%-83.17%███

Correlation

-0.01over 21 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	███	AKE
Max drawdown (400d)	-22.6%	-93.5%
Risk-adjusted return (90d)	-0.52	-0.16

Relative strength over 90 days: ███ outperformed AKE by 689.7% — measured on the ███/AKE ratio, so it holds regardless of market direction.

Redacted Terminal →Akedo →