xAI PreStocks vs Figure Heloc

Figure Heloc (FIGR_HELOC) is 174817.8× the size of xAI PreStocks (XAI) by market capitalisation. Over the past 30 days, FIGR_HELOC is ahead by 17.3 percentage points (XAI -14.3% against FIGR_HELOC +3.0%). Their daily returns move barely in opposite directions (correlation -0.34 across 24 shared trading days). XAI has been the more volatile of the two, at 87% annualised against FIGR_HELOC's 52%.

Correlation: -0.34
Size ratio: 1 : 174817.8
Ahead over 30 days: FIGR_HELOC

xAI PreStocksXAI

$75.0200

24h: —
Market cap: $155,923
Volume 24h: —
Volatility (ann.): 87%

Figure HelocFIGR_HELOC

$1.0430

24h: +1.33%
Market cap: $27.26B
Volume 24h: $23.68M
Volatility (ann.): 52%

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

Performance

XAIFIGR_HELOC

7 days-14.84%-0.10%FIGR_HELOC
30 days-14.34%+3.00%FIGR_HELOC

Correlation

-0.34over 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	XAI	FIGR_HELOC
Max drawdown (400d)	-23.4%	-5.5%
Risk-adjusted return (90d)	-0.04	0.05

Relative strength over 90 days: FIGR_HELOC outperformed XAI by 17.8% — measured on the XAI/FIGR_HELOC ratio, so it holds regardless of market direction.

xAI PreStocks →Figure Heloc →