ARKR vs RECT: Correlation
Measured on weekly returns over the past three years, Ark Restaurants Corp. (ARKR) and Rectitude Holdings Ltd (RECT) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARKR and RECT?
On 3 years of weekly data the ARKR/RECT correlation comes out at 0.39, moderate. The relationship has been stable: the 1-year correlation (0.39) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 1445.0 %².
Within ARKR's tracked universe of 14 assets, RECT comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ARKR outperformed by 49.3 percentage points (-22.8% for ARKR against -72.1% for RECT).
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.
ARKR vs RECT: side by side
| ARKR (Ark Restaurants Corp.) | RECT (Rectitude Holdings Ltd) | |
|---|---|---|
| 1-year return | -22.8% | -72.1% |
| 5-year return | -64.1% | n/a |
| Volatility (ann.) | 50.4% | 65.0% |
| Beta vs S&P 500 | 0.34 | 0.67 |
| Max drawdown (3Y) | -70.3% | -85.4% |
| Market cap | – | – |
| P/E (trailing) | – | 6.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARKR | RECT |
|---|---|---|
| 2022 | +0.4% | – |
| 2023 | -11.5% | – |
| 2024 | -19.8% | – |
| 2025 | -39.0% | -74.1% |
| 2026 | -21.3% | -27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARKR and RECT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ARKR and RECT?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.39 over the last year and n/a over 5 years.
Is RECT a good diversifier for ARKR?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/arkr-vs-rect.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/arkr-vs-rect/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ARKR correlations · RECT correlations
