tao.bot vs Akedo

Akedo (AKE) is 16.9× the size of tao.bot (TAOBOT) by market capitalisation. Over the past 30 days, TAOBOT is ahead by 97.2 percentage points (TAOBOT +21.8% against AKE -75.4%). Their daily returns move barely together (correlation 0.18 across 30 shared trading days). AKE has been the more volatile of the two, at 452% annualised against TAOBOT's 203%.

Correlation: 0.18
Size ratio: 1 : 16.9
Ahead over 30 days: TAOBOT

tao.botTAOBOT

$0.049581

24h: -1.96%
Market cap: $3.97M
Volume 24h: $2,639
Volatility (ann.): 203%

AkedoAKE

$0.002938

24h: -36.27%
Market cap: $66.98M
Volume 24h: $19.79M
Volatility (ann.): 452%

TAOBOT 5.6%Share of the two combined market caps94.4% AKE

Performance

TAOBOTAKE

7 days-1.68%-81.30%TAOBOT
30 days+21.84%-75.40%TAOBOT

Correlation

0.18over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1890d: 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	TAOBOT	AKE
Max drawdown (400d)	-46.0%	-89.7%
Risk-adjusted return (90d)	0.01	-0.13

Relative strength over 90 days: TAOBOT outperformed AKE by 99.1% — measured on the TAOBOT/AKE ratio, so it holds regardless of market direction.

tao.bot →Akedo →