TAGGER vs Akedo

TAGGER (TAG) is 1.5× the size of Akedo (AKE) by market capitalisation. Over the past 30 days, TAG is ahead by 96.5 percentage points (TAG +13.3% against AKE -83.2%). Their daily returns move barely in opposite directions (correlation -0.04 across 53 shared trading days). AKE has been the more volatile of the two, at 457% annualised against TAG's 204%.

Correlation: -0.04
Size ratio: 1.5×
Ahead over 30 days: TAG

TAGGERTAG

$0.000753

24h: +5.03%
Market cap: $82.16M
Volume 24h: $2.05M
Volatility (ann.): 204%

AkedoAKE

$0.002361

24h: -18.65%
Market cap: $53.72M
Volume 24h: $19.49M
Volatility (ann.): 457%

TAG 60.5%Share of the two combined market caps39.5% AKE

Performance

TAGAKE

7 days-9.01%-88.63%TAG
30 days+13.32%-83.17%TAG

Correlation

-0.04over 53 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0290d: 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	TAG	AKE
Max drawdown (400d)	-52.8%	-93.5%
Risk-adjusted return (90d)	-0.11	-0.16

Relative strength over 90 days: TAG outperformed AKE by 165.7% — measured on the TAG/AKE ratio, so it holds regardless of market direction.

TAGGER →Akedo →