SOLA AI vs Akedo

Akedo (AKE) is 4010.9× the size of SOLA AI (SOLA) by market capitalisation. Over the past 30 days, SOLA is ahead by 64.9 percentage points (SOLA -21.0% against AKE -85.9%). Their daily returns move barely in opposite directions (correlation -0.19 across 25 shared trading days). AKE has been the more volatile of the two, at 454% annualised against SOLA's 55%.

Correlation: -0.19
Size ratio: 1 : 4010.9
Ahead over 30 days: SOLA

SOLA AISOLA

$2.794e-5

24h: -5.90%
Market cap: $27,928
Volume 24h: $4
Volatility (ann.): 55%

AkedoAKE

$0.004908

24h: +93.85%
Market cap: $112.02M
Volume 24h: $119.18M
Volatility (ann.): 454%

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

Performance

SOLAAKE

7 days-5.36%-89.22%SOLA
30 days-21.02%-85.94%SOLA

Correlation

-0.19over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1990d: 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	SOLA	AKE
Max drawdown (400d)	-25.0%	-94.2%
Risk-adjusted return (90d)	-0.41	-0.17

Relative strength over 90 days: SOLA outperformed AKE by 819.4% — measured on the SOLA/AKE ratio, so it holds regardless of market direction.

SOLA AI →Akedo →