NRDY vs RCON: Correlation
How closely do Nerdy Inc. (NRDY) and Recon Technology, Ltd. - Class A (RCON) trade together? Their weekly returns over three years give a correlation of 0.99, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NRDY and RCON?
On 3 years of weekly data the NRDY/RCON correlation comes out at 0.99, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.99) sits close to the 3-year figure. The 5-year figure is 0.99, and annualized covariance runs at 14961713.4 %².
In NRDY's tracked universe of 10 assets, RCON sits right near the top at #1. The last year tells two different stories: NRDY led by 683.6 percentage points, +661.0% for NRDY against -22.6% for RCON. One caveat on sizing: RCON is 12.5 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.
NRDY vs RCON: side by side
| NRDY (Nerdy Inc.) | RCON (Recon Technology, Ltd. - Class A) | |
|---|---|---|
| 1-year return | +661.0% | -22.6% |
| 5-year return | +3.8% | -97.1% |
| Volatility (ann.) | 1097.1% | 13728.9% |
| Beta vs S&P 500 | 2.74 | 22.04 |
| Max drawdown (3Y) | -94.2% | -100.0% |
| Market cap | $0.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NRDY | RCON |
|---|---|---|
| 2022 | -50.0% | -3.8% |
| 2023 | +52.4% | -81.7% |
| 2024 | -52.8% | -49.5% |
| 2025 | -35.8% | -24.4% |
| 2026 | +895.2% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NRDY and RCON good diversifiers for each other?
No. With a correlation of 0.99, NRDY and RCON move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between NRDY and RCON?
Using weekly returns as of 2026-08-27: 0.99 over 3 years, with 0.99 over the last year and 0.99 over 5 years.
Is RCON a good diversifier for NRDY?
No. With a correlation of 0.99, NRDY and RCON move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.99 mean?
On the −1 to +1 scale, 0.99 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/nrdy-vs-rcon.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nrdy-vs-rcon/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: NRDY correlations · RCON correlations
