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MAS vs RCON: Correlation

How closely do Masco (MAS) and Recon Technology, Ltd. - Class A (RCON) 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

Correlation (3Y)
-0.21
negative
Correlation (1Y)
-0.30
last 12 months
Correlation (5Y)
-0.16
long-run
Ann. covariance
-84792.3
%² · weekly, annualized

How correlated are MAS and RCON?

Across a 3-year window, the weekly returns of MAS and RCON correlate at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.30 lands near the 3-year figure. Stretching to 5 years gives -0.16, with an annualized covariance of -84792.3 %².

Among the 61 assets we track against MAS, RCON ranks #53 by 3-year correlation. The last year tells two different stories: MAS led by 22.1 percentage points, -0.5% for MAS against -22.6% for RCON. One caveat on sizing: RCON is 463.8 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.

MAS vs RCON: side by side

MAS (Masco)RCON (Recon Technology, Ltd. - Class A)
1-year return-0.5%-22.6%
5-year return+29.1%-97.1%
Volatility (ann.)29.6%13728.9%
Beta vs S&P 5000.9522.04
Max drawdown (3Y)-30.9%-100.0%
Market cap$14.4B
P/E (trailing)17.0
Dividend yield1.71%0.00%
Sector / categoryIndustrialsUS Listed
Higher yield: MAS 1.71% vs 0.00%Smaller drawdown: MAS -30.9% vs -100.0%Higher 5y return: MAS +29.1% vs -97.1%
-98%0%+4344%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. MAS · RCON

Year-by-year returns

YearMASRCON
2022-32.1%-3.8%
2023+46.6%-81.7%
2024+10.0%-49.5%
2025-10.9%-24.4%
2026+16.3%+10.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are MAS and RCON good diversifiers for each other?

By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.

FAQ

What is the correlation between MAS and RCON?

As of 2026-08-27, the correlation of weekly returns between MAS and RCON is -0.21 over 3 years, -0.30 over 1 year and -0.16 over 5 years.

Is RCON a good diversifier for MAS?

By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.

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

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MAS vs RCON: 3-year weekly correlation -0.21MAS vs RCON-0.21

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Related comparisons

Hubs: MAS correlations · RCON correlations