MNST vs RCON: Correlation
How closely do Monster Beverage (MNST) and Recon Technology, Ltd. - Class A (RCON) trade together? Their weekly returns over three years give a correlation of -0.58, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MNST and RCON?
On 3 years of weekly data the MNST/RCON correlation comes out at -0.58, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.62 over 1 year against -0.58 over 3. The 5-year figure is -0.56, and annualized covariance runs at -550196.4 %².
Among the 66 assets we track against MNST, RCON ranks #56 by 3-year correlation. Twelve-month performance is nearly a tie, at -24.3% for MNST and -22.6% for RCON. One caveat on sizing: RCON is 200.1 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.
MNST vs RCON: side by side
| MNST (Monster Beverage) | RCON (Recon Technology, Ltd. - Class A) | |
|---|---|---|
| 1-year return | -24.3% | -22.6% |
| 5-year return | -4.5% | -97.1% |
| Volatility (ann.) | 68.6% | 13728.9% |
| Beta vs S&P 500 | 0.80 | 22.04 |
| Max drawdown (3Y) | -54.5% | -100.0% |
| Market cap | $91.5B | – |
| P/E (trailing) | 43.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | MNST | RCON |
|---|---|---|
| 2022 | +5.7% | -3.8% |
| 2023 | +13.5% | -81.7% |
| 2024 | -8.8% | -49.5% |
| 2025 | +45.9% | -24.4% |
| 2026 | -39.1% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MNST and RCON good diversifiers for each other?
Yes: at -0.58, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MNST and RCON?
The MNST/RCON correlation stands at -0.58 on a 3-year window (1 year: -0.62, 5 years: -0.56), computed from weekly returns as of 2026-08-27.
Is RCON a good diversifier for MNST?
Yes: at -0.58, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.58 mean?
A reading of -0.58 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/mnst-vs-rcon.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mnst-vs-rcon/)
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Related comparisons
Hubs: MNST correlations · RCON correlations
