MVIS vs RCON: Correlation
Measured on weekly returns over the past three years, MicroVision, Inc. (MVIS) and Recon Technology, Ltd. - Class A (RCON) carry a correlation of 0.76, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MVIS and RCON?
On 3 years of weekly data the MVIS/RCON correlation comes out at 0.76, strong. The relationship has been stable: the 1-year correlation (0.76) sits close to the 3-year figure. The 5-year figure is 0.76, and annualized covariance runs at 9234120.7 %².
By 3-year correlation, RCON places #4 of the 10 assets tracked against MVIS. Their recent paths diverged sharply: over the last 12 months MVIS outperformed by 90.5 percentage points (+67.9% for MVIS against -22.6% for RCON). One caveat on sizing: RCON is 15.6 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.
MVIS vs RCON: side by side
| MVIS (MicroVision, Inc.) | RCON (Recon Technology, Ltd. - Class A) | |
|---|---|---|
| 1-year return | +67.9% | -22.6% |
| 5-year return | -87.1% | -97.1% |
| Volatility (ann.) | 882.4% | 13728.9% |
| Beta vs S&P 500 | 3.46 | 22.04 |
| Max drawdown (3Y) | -95.3% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MVIS | RCON |
|---|---|---|
| 2022 | -53.1% | -3.8% |
| 2023 | +13.2% | -81.7% |
| 2024 | -50.8% | -49.5% |
| 2025 | -36.6% | -24.4% |
| 2026 | +126.5% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MVIS and RCON good diversifiers for each other?
Only partially. A correlation of 0.76 means MVIS and RCON share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between MVIS and RCON?
As of 2026-08-27, the correlation of weekly returns between MVIS and RCON is 0.76 over 3 years, 0.76 over 1 year and 0.76 over 5 years.
Is RCON a good diversifier for MVIS?
Only partially. A correlation of 0.76 means MVIS and RCON share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.76 mean?
A reading of 0.76 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/mvis-vs-rcon.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mvis-vs-rcon/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MVIS correlations · RCON correlations
