Solrouter vs Akedo

Akedo (AKE) is 105.3× the size of Solrouter (ROUTER) by market capitalisation. Over the past 30 days, ROUTER is ahead by 53.2 percentage points (ROUTER -22.2% against AKE -75.4%). Their daily returns move barely together (correlation 0.27 across 28 shared trading days). ROUTER has been the more volatile of the two, at 622% annualised against AKE's 452%.

Correlation: 0.27
Size ratio: 1 : 105.3
Ahead over 30 days: ROUTER

SolrouterROUTER

$0.000788

24h: -11.81%
Market cap: $558,086
Volume 24h: $2,470
Volatility (ann.): 622%

AkedoAKE

$0.002579

24h: -35.61%
Market cap: $58.77M
Volume 24h: $21.05M
Volatility (ann.): 452%

ROUTER 0.9%Share of the two combined market caps99.1% AKE

Performance

ROUTERAKE

7 days-5.17%-81.30%ROUTER
30 days-22.17%-75.40%ROUTER

Correlation

0.27over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	ROUTER	AKE
Max drawdown (400d)	-78.4%	-89.7%
Risk-adjusted return (90d)	0.50	-0.13

Relative strength over 90 days: ROUTER outperformed AKE by 705.3% — measured on the ROUTER/AKE ratio, so it holds regardless of market direction.

Solrouter →Akedo →