AgriDex vs Figure Heloc

Figure Heloc (FIGR_HELOC) is 710143.5× the size of AgriDex (AGRI) by market capitalisation. Over the past 30 days, FIGR_HELOC is ahead by 70.0 percentage points (AGRI -67.0% against FIGR_HELOC +3.0%). Their daily returns move barely together (correlation 0.33 across 24 shared trading days). AGRI has been the more volatile of the two, at 258% annualised against FIGR_HELOC's 52%.

Correlation: 0.33
Size ratio: 1 : 710143.5
Ahead over 30 days: FIGR_HELOC

AgriDexAGRI

$0.000136

24h: -3.11%
Market cap: $38,466
Volume 24h: $30
Volatility (ann.): 258%

Figure HelocFIGR_HELOC

$1.0460

24h: +1.53%
Market cap: $27.32B
Volume 24h: $22.09M
Volatility (ann.): 52%

AGRI 0.0%Share of the two combined market caps100.0% FIGR_HELOC

Performance

AGRIFIGR_HELOC

7 days-56.67%-0.10%FIGR_HELOC
30 days-67.01%+3.00%FIGR_HELOC

Correlation

0.33over 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	AGRI	FIGR_HELOC
Max drawdown (400d)	-73.3%	-5.5%
Risk-adjusted return (90d)	-0.25	0.05

Relative strength over 90 days: FIGR_HELOC outperformed AGRI by 55.6% — measured on the AGRI/FIGR_HELOC ratio, so it holds regardless of market direction.

AgriDex →Figure Heloc →