Figure Technology Correlations

Figure Technology Correlation With Market

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Figure Technology Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations FRME + 0.96 BBT HTH + 0.95 BBT FBNC + 0.94 BBT FBNC + 0.94 HTH FRME + 0.94 HTH FBNC + 0.88 PWP

High negative correlations BBT - 0.77 BITF FRME - 0.76 BITF HTH - 0.7 BITF FBNC - 0.65 BITF SII - 0.52 BITF BITF - 0.5 MRX

Risk-Adjusted Indicators

There is a big difference between Figure Stock performing well and Figure Technology Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Figure Technology's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.