GBFH vs RCON: Correlation
Measured on weekly returns over the past three years, GBank Financial Holdings Inc. (GBFH) and Recon Technology, Ltd. - Class A (RCON) carry a correlation of -0.34, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GBFH and RCON?
Over the past 3 years, GBFH and RCON moved with a correlation of -0.34, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.48) than the 3-year average (-0.34). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -275347.2 %².
Among the 18 assets we track against GBFH, RCON sits near the bottom by co-movement, at rank #14. Correlation aside, the last 12 months split them widely, with RCON ahead by 27.9 points (-50.5% versus -22.6%). Risk is not evenly split, since RCON carries 278.5 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.
GBFH vs RCON: side by side
| GBFH (GBank Financial Holdings Inc.) | RCON (Recon Technology, Ltd. - Class A) | |
|---|---|---|
| 1-year return | -50.5% | -22.6% |
| 5-year return | n/a | -97.1% |
| Volatility (ann.) | 49.3% | 13728.9% |
| Beta vs S&P 500 | 1.11 | 22.04 |
| Max drawdown (3Y) | -53.8% | -100.0% |
| Market cap | $0.3B | – |
| P/E (trailing) | 15.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GBFH | RCON |
|---|---|---|
| 2022 | – | -3.8% |
| 2023 | – | -81.7% |
| 2024 | – | -49.5% |
| 2025 | -21.2% | -24.4% |
| 2026 | -40.0% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GBFH and RCON good diversifiers for each other?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GBFH and RCON?
The GBFH/RCON correlation stands at -0.34 on a 3-year window (1 year: -0.48, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RCON a good diversifier for GBFH?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.34 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/gbfh-vs-rcon.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gbfh-vs-rcon/)
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Related comparisons
Hubs: GBFH correlations · RCON correlations
