Soul Graph vs Akedo

Akedo (AKE) is 643.5× the size of Soul Graph (GRPH) by market capitalisation. Their daily returns move barely together (correlation 0.32 across 36 shared trading days). AKE has been the more volatile of the two, at 457% annualised against GRPH's 132%.

Correlation: 0.32
Size ratio: 1 : 643.5

Soul GraphGRPH

$9.205e-5

24h: +0.71%
Market cap: $92,036
Volume 24h: $54
Volatility (ann.): 132%

AkedoAKE

$0.002598

24h: -18.40%
Market cap: $59.23M
Volume 24h: $24.28M
Volatility (ann.): 457%

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

Performance

GRPHAKE

7 days-26.13%-88.63%GRPH
30 days-15.85%-83.17%GRPH
90 days-27.86%——

Correlation

0.32over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3790d: 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	GRPH	AKE
Max drawdown (400d)	-95.6%	-93.5%
Risk-adjusted return (90d)	-0.26	-0.16

Relative strength over 90 days: GRPH outperformed AKE by 325.8% — measured on the GRPH/AKE ratio, so it holds regardless of market direction.

Soul Graph →Akedo →