KULR vs RECT: Correlation
How closely do KULR Technology Group, Inc. (KULR) and Rectitude Holdings Ltd (RECT) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KULR and RECT?
On 3 years of weekly data the KULR/RECT correlation comes out at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.30) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 4225.9 %².
Within KULR's tracked universe of 14 assets, RECT comes in at #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KULR outperformed by 28.2 percentage points (-43.9% for KULR against -72.1% for RECT). Risk is not evenly split, since KULR carries 2.7 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.
KULR vs RECT: side by side
| KULR (KULR Technology Group, Inc.) | RECT (Rectitude Holdings Ltd) | |
|---|---|---|
| 1-year return | -43.9% | -72.1% |
| 5-year return | -84.4% | n/a |
| Volatility (ann.) | 172.8% | 65.0% |
| Beta vs S&P 500 | 1.92 | 0.67 |
| Max drawdown (3Y) | -94.7% | -85.4% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 6.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KULR | RECT |
|---|---|---|
| 2022 | -56.5% | – |
| 2023 | -84.2% | – |
| 2024 | +1768.4% | – |
| 2025 | -89.6% | -74.1% |
| 2026 | -10.1% | -27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KULR and RECT good diversifiers for each other?
Reasonably. At 0.37, KULR and RECT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KULR and RECT?
As of 2026-08-27, the correlation of weekly returns between KULR and RECT is 0.37 over 3 years, 0.30 over 1 year and n/a over 5 years.
Is RECT a good diversifier for KULR?
Reasonably. At 0.37, KULR and RECT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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.
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Related comparisons
Hubs: KULR correlations · RECT correlations
