CryptoAutos vs Figure Heloc

Figure Heloc (FIGR_HELOC) is 57608.3× the size of CryptoAutos (AUTOS) by market capitalisation. Over the past 30 days, AUTOS is ahead by 5.8 percentage points (AUTOS +8.8% against FIGR_HELOC +3.0%). Their daily returns move barely together (correlation 0.14 across 28 shared trading days). AUTOS has been the more volatile of the two, at 317% annualised against FIGR_HELOC's 52%.

Correlation: 0.14
Size ratio: 1 : 57608.3
Ahead over 30 days: AUTOS

CryptoAutosAUTOS

$0.000604

24h: +1.49%
Market cap: $474,257
Volume 24h: $285
Volatility (ann.): 317%

Figure HelocFIGR_HELOC

$1.0460

24h: +1.54%
Market cap: $27.32B
Volume 24h: $22.10M
Volatility (ann.): 52%

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

Performance

AUTOSFIGR_HELOC

7 days+0.76%-0.10%AUTOS
30 days+8.78%+3.00%AUTOS

Correlation

0.14over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1490d: 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	AUTOS	FIGR_HELOC
Max drawdown (400d)	-61.2%	-5.5%
Risk-adjusted return (90d)	0.08	0.05

Relative strength over 90 days: AUTOS outperformed FIGR_HELOC by 29.0% — measured on the AUTOS/FIGR_HELOC ratio, so it holds regardless of market direction.

CryptoAutos →Figure Heloc →