Sharpe AI vs Akedo

Akedo (AKE) is 189.0× the size of Sharpe AI (SAI) by market capitalisation. Over the past 30 days, SAI is ahead by 56.9 percentage points (SAI -26.3% against AKE -83.2%). Their daily returns move barely together (correlation 0.30 across 27 shared trading days). AKE has been the more volatile of the two, at 457% annualised against SAI's 74%.

Correlation: 0.30
Size ratio: 1 : 189.0
Ahead over 30 days: SAI

Sharpe AISAI

$0.000838

24h: -0.60%
Market cap: $305,514
Volume 24h: $141,323
Volatility (ann.): 74%

AkedoAKE

$0.002534

24h: -26.10%
Market cap: $57.76M
Volume 24h: $21.08M
Volatility (ann.): 457%

SAI 0.5%Share of the two combined market caps99.5% AKE

Performance

SAIAKE

7 days-5.59%-88.63%SAI
30 days-26.26%-83.17%SAI

Correlation

0.30over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3090d: 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	SAI	AKE
Max drawdown (400d)	-29.7%	-93.5%
Risk-adjusted return (90d)	-0.26	-0.16

Relative strength over 90 days: SAI outperformed AKE by 178.1% — measured on the SAI/AKE ratio, so it holds regardless of market direction.

Sharpe AI →Akedo →