Figure Heloc vs Rain

Figure Heloc (FIGR_HELOC) is 6.2× the size of Rain (RAIN) by market capitalisation. Over the past 30 days, FIGR_HELOC is ahead by 60.9 percentage points (FIGR_HELOC +2.7% against RAIN -58.2%). Their daily returns move barely in opposite directions (correlation -0.11 across 56 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against FIGR_HELOC's 52%.

Correlation: -0.11
Size ratio: 6.2×
Ahead over 30 days: FIGR_HELOC

Figure HelocFIGR_HELOC

$1.0300

24h: -0.80%
Market cap: $26.84B
Volume 24h: $480.59M
Volatility (ann.): 52%

RainRAIN

$0.006066

24h: -4.32%
Market cap: $4.33B
Volume 24h: $13.43M
Volatility (ann.): 134%

FIGR_HELOC 86.1%Share of the two combined market caps13.9% RAIN

Performance

FIGR_HELOCRAIN

7 days+0.19%-8.29%FIGR_HELOC
30 days+2.69%-58.25%FIGR_HELOC

Correlation

-0.11over 56 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1890d: 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	FIGR_HELOC	RAIN
Max drawdown (400d)	-5.5%	-68.5%
Risk-adjusted return (90d)	0.05	-0.37

Relative strength over 90 days: FIGR_HELOC outperformed RAIN by 104.2% — measured on the FIGR_HELOC/RAIN ratio, so it holds regardless of market direction.

Figure Heloc →Rain →