Akasha vs Loaded Lions

Loaded Lions (LION) is 375.6× the size of Akasha (AKA) by market capitalisation. Over the past 30 days, AKA is ahead by 2.0 percentage points (AKA -20.6% against LION -22.7%). Their daily returns move loosely together (correlation 0.44 across 20 shared trading days). AKA has been the more volatile of the two, at 140% annualised against LION's 71%.

Correlation: 0.44
Size ratio: 1 : 375.6
Ahead over 30 days: AKA

AkashaAKA

$9.299e-5

24h: +5.16%
Market cap: $92,989
Volume 24h: $2
Volatility (ann.): 140%

Loaded LionsLION

$0.001138

24h: -1.21%
Market cap: $34.93M
Volume 24h: $22,144
Volatility (ann.): 71%

AKA 0.3%Share of the two combined market caps99.7% LION

Performance

AKALION

7 days-19.70%-0.93%LION
30 days-20.64%-22.68%AKA

Correlation

0.44over 20 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	AKA	LION
Max drawdown (400d)	-41.9%	-31.9%
Risk-adjusted return (90d)	-0.16	-0.29

Relative strength over 90 days: LION outperformed AKA by 11.8% — measured on the AKA/LION ratio, so it holds regardless of market direction.

Akasha →Loaded Lions →