CNSY vs RCG: Correlation
How closely do Cerenome, Inc. (CNSY) and RENN Fund, Inc (RCG) 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 CNSY and RCG?
On 3 years of weekly data the CNSY/RCG correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.26) sits close to the 3-year figure. The 5-year figure is -0.12, and annualized covariance runs at -847.9 %².
RCG is close to the least connected end of CNSY's tracked universe, ranking #10 of 11. Correlation aside, the last 12 months split them widely, with RCG ahead by 85.8 points (-74.7% versus +11.1%). Note the risk asymmetry: CNSY runs 6.0 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.
CNSY vs RCG: side by side
| CNSY (Cerenome, Inc.) | RCG (RENN Fund, Inc) | |
|---|---|---|
| 1-year return | -74.7% | +11.1% |
| 5-year return | -99.6% | +24.1% |
| Volatility (ann.) | 154.9% | 25.8% |
| Beta vs S&P 500 | 2.28 | 0.09 |
| Max drawdown (3Y) | -96.1% | -20.0% |
| Market cap | – | – |
| P/E (trailing) | 1.0 | 26.5 |
| Dividend yield | 0.00% | 0.71% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNSY | RCG |
|---|---|---|
| 2022 | -69.5% | -31.5% |
| 2023 | -63.5% | -4.7% |
| 2024 | -34.3% | +31.6% |
| 2025 | -55.7% | +16.2% |
| 2026 | -75.7% | +13.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNSY and RCG 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 CNSY and RCG?
As of 2026-08-27, the correlation of weekly returns between CNSY and RCG is -0.21 over 3 years, -0.26 over 1 year and -0.12 over 5 years.
Is RCG a good diversifier for CNSY?
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?
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/cnsy-vs-rcg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cnsy-vs-rcg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CNSY correlations · RCG correlations
