AGRO vs RR: Correlation
How closely do Adecoagro S.A. (AGRO) and Richtech Robotics Inc. (RR) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGRO and RR?
On 3 years of weekly data the AGRO/RR correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.15) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -1406.6 %².
By 3-year correlation, RR places #21 of the 36 assets tracked against AGRO. Correlation aside, the last 12 months split them widely, with AGRO ahead by 69.2 points (+28.1% versus -41.1%). One caveat on sizing: RR is 3.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AGRO vs RR: side by side
| AGRO (Adecoagro S.A.) | RR (Richtech Robotics Inc.) | |
|---|---|---|
| 1-year return | +28.1% | -41.1% |
| 5-year return | +29.1% | n/a |
| Volatility (ann.) | 41.7% | 155.1% |
| Beta vs S&P 500 | -0.27 | 2.22 |
| Max drawdown (3Y) | -41.3% | -96.7% |
| Market cap | $1.5B | $0.4B |
| P/E (trailing) | 28.9 | 27.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGRO | RR |
|---|---|---|
| 2022 | +11.5% | – |
| 2023 | +38.6% | – |
| 2024 | -12.4% | -54.6% |
| 2025 | -14.3% | +19.6% |
| 2026 | +36.0% | -39.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGRO and RR good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AGRO and RR?
The AGRO/RR correlation stands at -0.21 on a 3-year window (1 year: -0.15, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RR a good diversifier for AGRO?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/agro-vs-rr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/agro-vs-rr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AGRO correlations · RR correlations
