MYGN vs RCON: Correlation
Myriad Genetics, Inc. (MYGN) and Recon Technology, Ltd. - Class A (RCON) show a negative relationship: their 3-year correlation of weekly returns is -0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MYGN and RCON?
On 3 years of weekly data the MYGN/RCON correlation comes out at -0.30, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.52) than the 3-year average (-0.30). The 5-year figure is -0.26, and annualized covariance runs at -336626.5 %².
RCON is close to the least connected end of MYGN's tracked universe, ranking #10 of 11. Their recent paths diverged sharply: over the last 12 months RCON outperformed by 23.8 percentage points (-46.4% for MYGN against -22.6% for RCON). Note the risk asymmetry: RCON runs 170.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
MYGN vs RCON: side by side
| MYGN (Myriad Genetics, Inc.) | RCON (Recon Technology, Ltd. - Class A) | |
|---|---|---|
| 1-year return | -46.4% | -22.6% |
| 5-year return | -91.1% | -97.1% |
| Volatility (ann.) | 80.5% | 13728.9% |
| Beta vs S&P 500 | 1.49 | 22.04 |
| Max drawdown (3Y) | -90.0% | -100.0% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MYGN | RCON |
|---|---|---|
| 2022 | -47.4% | -3.8% |
| 2023 | +31.9% | -81.7% |
| 2024 | -28.4% | -49.5% |
| 2025 | -55.1% | -24.4% |
| 2026 | -48.3% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MYGN and RCON good diversifiers for each other?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
FAQ
What is the correlation between MYGN and RCON?
Using weekly returns as of 2026-08-27: -0.30 over 3 years, with -0.52 over the last year and -0.26 over 5 years.
Is RCON a good diversifier for MYGN?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
What does a correlation of -0.30 mean?
On the −1 to +1 scale, -0.30 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mygn-vs-rcon.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mygn-vs-rcon/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MYGN correlations · RCON correlations
