THINK Protocol vs Akedo

Akedo (AKE) is 85.6× the size of THINK Protocol (THINK) by market capitalisation. Over the past 30 days, THINK is ahead by 56.0 percentage points (THINK -27.2% against AKE -83.2%). Their daily returns move barely in opposite directions (correlation -0.35 across 29 shared trading days). AKE has been the more volatile of the two, at 457% annualised against THINK's 178%.

Correlation: -0.35
Size ratio: 1 : 85.6
Ahead over 30 days: THINK

THINK ProtocolTHINK

$0.000611

24h: -0.58%
Market cap: $611,167
Volume 24h: $83
Volatility (ann.): 178%

AkedoAKE

$0.002295

24h: -40.52%
Market cap: $52.31M
Volume 24h: $12.67M
Volatility (ann.): 457%

THINK 1.2%Share of the two combined market caps98.8% AKE

Performance

THINKAKE

7 days+3.66%-88.63%THINK
30 days-27.21%-83.17%THINK

Correlation

-0.35over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3590d: 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	THINK	AKE
Max drawdown (400d)	-56.7%	-93.5%
Risk-adjusted return (90d)	-0.27	-0.16

Relative strength over 90 days: THINK outperformed AKE by 58.1% — measured on the THINK/AKE ratio, so it holds regardless of market direction.

THINK Protocol →Akedo →