Rnt vs Figure Heloc

Figure Heloc (FIGR_HELOC) is 531.3× the size of Rnt (RNT) by market capitalisation. Over the past 30 days, RNT is ahead by 9.5 percentage points (RNT +12.2% against FIGR_HELOC +2.7%). Their daily returns move barely together (correlation 0.16 across 47 shared trading days). FIGR_HELOC has been the more volatile of the two, at 52% annualised against RNT's 21%.

Correlation: 0.16
Size ratio: 1 : 531.3
Ahead over 30 days: RNT

RntRNT

$0.351813

24h: +0.15%
Market cap: $50.52M
Volume 24h: $11,533
Volatility (ann.): 21%

Figure HelocFIGR_HELOC

$1.0300

24h: -0.69%
Market cap: $26.84B
Volume 24h: $481.63M
Volatility (ann.): 52%

RNT 0.2%Share of the two combined market caps99.8% FIGR_HELOC

Performance

RNTFIGR_HELOC

7 days+2.29%+0.19%RNT
30 days+12.23%+2.69%RNT

Correlation

0.16over 47 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	RNT	FIGR_HELOC
Max drawdown (400d)	-1.3%	-5.5%
Risk-adjusted return (90d)	1.07	0.05

Relative strength over 90 days: RNT outperformed FIGR_HELOC by 21.7% — measured on the RNT/FIGR_HELOC ratio, so it holds regardless of market direction.

Rnt →Figure Heloc →