SAA-AI vs Akedo

Akedo (AKE) is 291.9× the size of SAA-AI (DRPAL) by market capitalisation. Over the past 30 days, DRPAL is ahead by 56.8 percentage points (DRPAL -26.3% against AKE -83.2%). Their daily returns move barely in opposite directions (correlation -0.02 across 24 shared trading days). AKE has been the more volatile of the two, at 457% annualised against DRPAL's 54%.

Correlation: -0.02
Size ratio: 1 : 291.9
Ahead over 30 days: DRPAL

SAA-AIDRPAL

$0.000218

24h: +4.87%
Market cap: $218,237
Volume 24h: $95
Volatility (ann.): 54%

AkedoAKE

$0.002794

24h: -14.64%
Market cap: $63.70M
Volume 24h: $14.82M
Volatility (ann.): 457%

DRPAL 0.3%Share of the two combined market caps99.7% AKE

Performance

DRPALAKE

7 days-4.06%-88.63%DRPAL
30 days-26.34%-83.17%DRPAL

Correlation

-0.02over 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	DRPAL	AKE
Max drawdown (400d)	-31.9%	-93.5%
Risk-adjusted return (90d)	-0.50	-0.16

Relative strength over 90 days: DRPAL outperformed AKE by 682.5% — measured on the DRPAL/AKE ratio, so it holds regardless of market direction.

SAA-AI →Akedo →