Y8U vs Akedo

Akedo (AKE) is 1010.4× the size of Y8U (Y8U) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.02 across 35 shared trading days). AKE has been the more volatile of the two, at 457% annualised against Y8U's 150%.

Correlation: -0.02
Size ratio: 1 : 1010.4

Y8UY8U

$0.000184

24h: —
Market cap: $53,922
Volume 24h: $15
Volatility (ann.): 150%

AkedoAKE

$0.002390

24h: -9.39%
Market cap: $54.48M
Volume 24h: $34.38M
Volatility (ann.): 457%

Y8U 0.1%Share of the two combined market caps99.9% AKE

Performance

Y8UAKE

7 days-1.85%-88.63%Y8U
30 days+11.47%-83.17%Y8U
90 days-11.57%——
1 year-89.10%——

Correlation

-0.02over 35 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	Y8U	AKE
Max drawdown (400d)	-90.7%	-93.5%
Risk-adjusted return (90d)	-0.13	-0.16

Relative strength over 90 days: AKE outperformed Y8U by 63.6% — measured on the Y8U/AKE ratio, so it holds regardless of market direction.

Y8U →Akedo →