Anthropic PreStocks vs Figure Heloc

Figure Heloc (FIGR_HELOC) is 3783.2× the size of Anthropic PreStocks (ANTHROPIC) by market capitalisation. Over the past 30 days, FIGR_HELOC is ahead by 2.2 percentage points (ANTHROPIC +0.5% against FIGR_HELOC +2.7%). Their daily returns move loosely in opposite directions (correlation -0.35 across 31 shared trading days). Both have run at a similar volatility, around 56% annualised.

Correlation: -0.35
Size ratio: 1 : 3783.2
Ahead over 30 days: FIGR_HELOC

Anthropic PreStocksANTHROPIC

$923.9900

24h: -2.74%
Market cap: $7.10M
Volume 24h: $690,377
Volatility (ann.): 60%

Figure HelocFIGR_HELOC

$1.0300

24h: -0.19%
Market cap: $26.85B
Volume 24h: $481.28M
Volatility (ann.): 52%

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

Performance

ANTHROPICFIGR_HELOC

7 days-5.07%+0.19%FIGR_HELOC
30 days+0.53%+2.69%FIGR_HELOC

Correlation

-0.35over 31 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	ANTHROPIC	FIGR_HELOC
Max drawdown (400d)	-12.3%	-5.5%
Risk-adjusted return (90d)	0.15	0.05

Relative strength over 90 days: ANTHROPIC outperformed FIGR_HELOC by 11.3% — measured on the ANTHROPIC/FIGR_HELOC ratio, so it holds regardless of market direction.

Anthropic PreStocks →Figure Heloc →