LandX Governance Token vs Figure Heloc

Figure Heloc (FIGR_HELOC) is 249609.1× the size of LandX Governance Token (LNDX) by market capitalisation. Over the past 30 days, FIGR_HELOC is ahead by 14.3 percentage points (LNDX -11.3% against FIGR_HELOC +3.0%). Their daily returns move barely together (correlation 0.08 across 24 shared trading days). LNDX has been the more volatile of the two, at 67% annualised against FIGR_HELOC's 52%.

Correlation: 0.08
Size ratio: 1 : 249609.1
Ahead over 30 days: FIGR_HELOC

LandX Governance TokenLNDX

$0.008304

24h: +1.78%
Market cap: $110,109
Volume 24h: $125
Volatility (ann.): 67%

Figure HelocFIGR_HELOC

$1.0470

24h: +1.71%
Market cap: $27.48B
Volume 24h: $22.84M
Volatility (ann.): 52%

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

Performance

LNDXFIGR_HELOC

7 days-7.55%-0.10%FIGR_HELOC
30 days-11.33%+3.00%FIGR_HELOC

Correlation

0.08over 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	LNDX	FIGR_HELOC
Max drawdown (400d)	-20.9%	-5.5%
Risk-adjusted return (90d)	-0.18	0.05

Relative strength over 90 days: FIGR_HELOC outperformed LNDX by 9.8% — measured on the LNDX/FIGR_HELOC ratio, so it holds regardless of market direction.

LandX Governance Token →Figure Heloc →