CXAI vs RCON: Correlation
CXApp Inc. (CXAI) and Recon Technology, Ltd. - Class A (RCON) show a very strong relationship: their 3-year correlation of weekly returns is 0.99.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CXAI and RCON?
Over the past 3 years, CXAI and RCON moved with a correlation of 0.99, which is very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.99 lands near the 3-year figure. Over 5 years the correlation is 0.98, and the annualized covariance of weekly returns is 50852218.1 %².
Few assets follow CXAI as closely as RCON, which ranks #1 of 10 tracked partners. Correlation aside, the last 12 months split them widely, with CXAI ahead by 430.3 points (+407.7% versus -22.6%). Risk is not evenly split, since RCON carries 3.7 times the volatility of the other side.
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.
CXAI vs RCON: side by side
| CXAI (CXApp Inc.) | RCON (Recon Technology, Ltd. - Class A) | |
|---|---|---|
| 1-year return | +407.7% | -22.6% |
| 5-year return | -60.0% | -97.1% |
| Volatility (ann.) | 3738.0% | 13728.9% |
| Beta vs S&P 500 | 6.69 | 22.04 |
| Max drawdown (3Y) | -98.3% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CXAI | RCON |
|---|---|---|
| 2022 | +0.8% | -3.8% |
| 2023 | -87.2% | -81.7% |
| 2024 | +41.1% | -49.5% |
| 2025 | -81.8% | -24.4% |
| 2026 | +1092.8% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CXAI and RCON good diversifiers for each other?
No. With a correlation of 0.99, CXAI and RCON move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between CXAI and RCON?
As of 2026-08-27, the correlation of weekly returns between CXAI and RCON is 0.99 over 3 years, 0.99 over 1 year and 0.98 over 5 years.
Is RCON a good diversifier for CXAI?
No. With a correlation of 0.99, CXAI and RCON move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.99 mean?
On the −1 to +1 scale, 0.99 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/cxai-vs-rcon.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cxai-vs-rcon/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CXAI correlations · RCON correlations
