Sakura vs Akedo

Akedo (AKE) is 588.8× the size of Sakura (SAKURA) by market capitalisation. Over the past 30 days, SAKURA is ahead by 97.6 percentage points (SAKURA +14.4% against AKE -83.2%). Their daily returns move loosely in opposite directions (correlation -0.38 across 27 shared trading days). AKE has been the more volatile of the two, at 457% annualised against SAKURA's 244%.

Correlation: -0.38
Size ratio: 1 : 588.8
Ahead over 30 days: SAKURA

SakuraSAKURA

$8.902e-5

24h: -2.11%
Market cap: $80,107
Volume 24h: $6,351
Volatility (ann.): 244%

AkedoAKE

$0.002069

24h: -25.53%
Market cap: $47.16M
Volume 24h: $25.91M
Volatility (ann.): 457%

SAKURA 0.2%Share of the two combined market caps99.8% AKE

Performance

SAKURAAKE

7 days-13.87%-88.63%SAKURA
30 days+14.42%-83.17%SAKURA

Correlation

-0.38over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3890d: 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	SAKURA	AKE
Max drawdown (400d)	-34.6%	-93.5%
Risk-adjusted return (90d)	-0.01	-0.16

Relative strength over 90 days: SAKURA outperformed AKE by 239.1% — measured on the SAKURA/AKE ratio, so it holds regardless of market direction.

Sakura →Akedo →