LEXX vs RCON: Correlation
Lexaria Bioscience Corp. (LEXX) and Recon Technology, Ltd. - Class A (RCON) show a very strong relationship: their 3-year correlation of weekly returns is 0.81.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEXX and RCON?
Over the past 3 years, LEXX and RCON moved with a correlation of 0.81, which is very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 0.82 over 1 year against 0.81 over 3. Over 5 years the correlation is 0.80, and the annualized covariance of weekly returns is 6206389.0 %².
By 3-year correlation, RCON places #4 of the 10 assets tracked against LEXX. Correlation aside, the last 12 months split them widely, with LEXX ahead by 1240.9 points (+1218.3% versus -22.6%). One caveat on sizing: RCON is 24.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
LEXX vs RCON: side by side
| LEXX (Lexaria Bioscience Corp.) | RCON (Recon Technology, Ltd. - Class A) | |
|---|---|---|
| 1-year return | +1218.3% | -22.6% |
| 5-year return | +89.6% | -97.1% |
| Volatility (ann.) | 559.5% | 13728.9% |
| Beta vs S&P 500 | 1.66 | 22.04 |
| Max drawdown (3Y) | -95.6% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LEXX | RCON |
|---|---|---|
| 2022 | -39.0% | -3.8% |
| 2023 | -49.2% | -81.7% |
| 2024 | +68.0% | -49.5% |
| 2025 | -70.6% | -24.4% |
| 2026 | +1793.0% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEXX and RCON good diversifiers for each other?
Not really. At 0.81, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between LEXX and RCON?
The LEXX/RCON correlation stands at 0.81 on a 3-year window (1 year: 0.82, 5 years: 0.80), computed from weekly returns as of 2026-08-27.
Is RCON a good diversifier for LEXX?
Not really. At 0.81, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.81 mean?
A reading of 0.81 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/lexx-vs-rcon.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lexx-vs-rcon/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LEXX correlations · RCON correlations
