NEXR vs RCG: Correlation
Nexera Technologies Ltd (NEXR) and RENN Fund, Inc (RCG) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NEXR and RCG?
On 3 years of weekly data the NEXR/RCG correlation comes out at 0.35, moderate. The past 12 months show a weaker link (0.01) than the 3-year average (0.35). The 5-year figure is 0.31, and annualized covariance runs at 5929.6 %².
Within NEXR's tracked universe of 22 assets, RCG comes in at #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RCG ahead by 110.8 points (-99.7% versus +11.1%). Note the risk asymmetry: NEXR runs 25.4 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.
NEXR vs RCG: side by side
| NEXR (Nexera Technologies Ltd) | RCG (RENN Fund, Inc) | |
|---|---|---|
| 1-year return | -99.7% | +11.1% |
| 5-year return | n/a | +24.1% |
| Volatility (ann.) | 656.6% | 25.8% |
| Beta vs S&P 500 | 3.62 | 0.09 |
| Max drawdown (3Y) | -100.0% | -20.0% |
| Market cap | – | – |
| P/E (trailing) | – | 26.5 |
| Dividend yield | 0.00% | 0.71% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NEXR | RCG |
|---|---|---|
| 2022 | – | -31.5% |
| 2023 | -62.4% | -4.7% |
| 2024 | -15.7% | +31.6% |
| 2025 | -98.1% | +16.2% |
| 2026 | -98.3% | +13.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NEXR and RCG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between NEXR and RCG?
As of 2026-08-27, the correlation of weekly returns between NEXR and RCG is 0.35 over 3 years, 0.01 over 1 year and 0.31 over 5 years.
Is RCG a good diversifier for NEXR?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 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
$ curl https://www.pairbook.io/api/v1/pairs/nexr-vs-rcg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/nexr-vs-rcg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NEXR correlations · RCG correlations
