BBGI vs RCMT: Correlation
Measured on weekly returns over the past three years, Beasley Broadcast Group, Inc. (BBGI) and RCM Technologies, Inc. (RCMT) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBGI and RCMT?
Across a 3-year window, the weekly returns of BBGI and RCMT correlate at 0.52, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.71 versus 0.52 over 3 years. Stretching to 5 years gives 0.32, with an annualized covariance of 4569.9 %².
Among the 22 assets we track against BBGI, RCMT ranks #4 by 3-year correlation. The last year tells two different stories: BBGI led by 271.9 percentage points, +328.8% for BBGI against +56.9% for RCMT. One caveat on sizing: BBGI is 3.6 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.
BBGI vs RCMT: side by side
| BBGI (Beasley Broadcast Group, Inc.) | RCMT (RCM Technologies, Inc.) | |
|---|---|---|
| 1-year return | +328.8% | +56.9% |
| 5-year return | -61.6% | +698.6% |
| Volatility (ann.) | 178.9% | 49.1% |
| Beta vs S&P 500 | 1.94 | 0.94 |
| Max drawdown (3Y) | -85.2% | -53.1% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | 17.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBGI | RCMT |
|---|---|---|
| 2022 | -51.6% | +73.3% |
| 2023 | -4.3% | +135.3% |
| 2024 | -46.5% | -23.7% |
| 2025 | -46.8% | -7.7% |
| 2026 | +293.8% | +100.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBGI and RCMT good diversifiers for each other?
Only partially. A correlation of 0.52 means BBGI and RCMT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BBGI and RCMT?
As of 2026-08-27, the correlation of weekly returns between BBGI and RCMT is 0.52 over 3 years, 0.71 over 1 year and 0.32 over 5 years.
Is RCMT a good diversifier for BBGI?
Only partially. A correlation of 0.52 means BBGI and RCMT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
A reading of 0.52 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
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Related comparisons
Hubs: BBGI correlations · RCMT correlations
