BYND vs RCON: Correlation
How closely do Beyond Meat, Inc. (BYND) and Recon Technology, Ltd. - Class A (RCON) trade together? Their weekly returns over three years give a correlation of 1.00, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BYND and RCON?
On 3 years of weekly data the BYND/RCON correlation comes out at 1.00, very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 1.00 over 1 year against 1.00 over 3. The 5-year figure is 1.00, and annualized covariance runs at 30003788.7 %².
RCON is one of the assets that tracks BYND most closely: it ranks #1 out of the 10 assets we track against BYND. Their recent paths diverged sharply: over the last 12 months BYND outperformed by 463.1 percentage points (+440.5% for BYND against -22.6% for RCON). Note the risk asymmetry: RCON runs 6.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BYND vs RCON: side by side
| BYND (Beyond Meat, Inc.) | RCON (Recon Technology, Ltd. - Class A) | |
|---|---|---|
| 1-year return | +440.5% | -22.6% |
| 5-year return | -88.4% | -97.1% |
| Volatility (ann.) | 2192.0% | 13728.9% |
| Beta vs S&P 500 | 5.06 | 22.04 |
| Max drawdown (3Y) | -97.2% | -100.0% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BYND | RCON |
|---|---|---|
| 2022 | -81.1% | -3.8% |
| 2023 | -27.7% | -81.7% |
| 2024 | -57.8% | -49.5% |
| 2025 | -78.2% | -24.4% |
| 2026 | +1607.3% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BYND and RCON good diversifiers for each other?
Not really. At 1.00, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between BYND and RCON?
As of 2026-08-27, the correlation of weekly returns between BYND and RCON is 1.00 over 3 years, 1.00 over 1 year and 1.00 over 5 years.
Is RCON a good diversifier for BYND?
Not really. At 1.00, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 1.00 mean?
A reading of 1.00 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
$ curl https://www.pairbook.io/api/v1/pairs/bynd-vs-rcon.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bynd-vs-rcon/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BYND correlations · RCON correlations
