TrenchBuddy vs Akedo

Akedo (AKE) is 289.3× the size of TrenchBuddy (TRENCH) by market capitalisation. Over the past 30 days, TRENCH is ahead by 30.3 percentage points (TRENCH -52.9% against AKE -83.2%). Their daily returns move barely in opposite directions (correlation -0.29 across 24 shared trading days). AKE has been the more volatile of the two, at 457% annualised against TRENCH's 88%.

Correlation: -0.29
Size ratio: 1 : 289.3
Ahead over 30 days: TRENCH

TrenchBuddyTRENCH

$0.000197

24h: +4.92%
Market cap: $189,329
Volume 24h: $31
Volatility (ann.): 88%

AkedoAKE

$0.002403

24h: -33.47%
Market cap: $54.78M
Volume 24h: $19.50M
Volatility (ann.): 457%

TRENCH 0.3%Share of the two combined market caps99.7% AKE

Performance

TRENCHAKE

7 days-7.87%-88.63%TRENCH
30 days-52.88%-83.17%TRENCH

Correlation

-0.29over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	TRENCH	AKE
Max drawdown (400d)	-55.0%	-93.5%
Risk-adjusted return (90d)	-0.57	-0.16

Relative strength over 90 days: TRENCH outperformed AKE by 447.7% — measured on the TRENCH/AKE ratio, so it holds regardless of market direction.

TrenchBuddy →Akedo →