NXPI vs RCON: Correlation
NXP Semiconductors (NXPI) and Recon Technology, Ltd. - Class A (RCON) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NXPI and RCON?
Across a 3-year window, the weekly returns of NXPI and RCON correlate at -0.19, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.29) sits close to the 3-year figure. Stretching to 5 years gives -0.16, with an annualized covariance of -105870.3 %².
Within NXPI's tracked universe of 35 assets, RCON comes in at #30 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months NXPI outperformed by 19.3 percentage points (-3.3% for NXPI against -22.6% for RCON). Risk is not evenly split, since RCON carries 344.1 times the volatility of the other side.
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.
NXPI vs RCON: side by side
| NXPI (NXP Semiconductors) | RCON (Recon Technology, Ltd. - Class A) | |
|---|---|---|
| 1-year return | -3.3% | -22.6% |
| 5-year return | +8.6% | -97.1% |
| Volatility (ann.) | 39.9% | 13728.9% |
| Beta vs S&P 500 | 1.53 | 22.04 |
| Max drawdown (3Y) | -46.5% | -100.0% |
| Market cap | $57.0B | – |
| P/E (trailing) | 19.3 | – |
| Dividend yield | 1.82% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | NXPI | RCON |
|---|---|---|
| 2022 | -29.2% | -3.8% |
| 2023 | +48.4% | -81.7% |
| 2024 | -8.0% | -49.5% |
| 2025 | +6.4% | -24.4% |
| 2026 | +4.9% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NXPI and RCON good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between NXPI and RCON?
The NXPI/RCON correlation stands at -0.19 on a 3-year window (1 year: -0.29, 5 years: -0.16), computed from weekly returns as of 2026-08-27.
Is RCON a good diversifier for NXPI?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 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/nxpi-vs-rcon.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nxpi-vs-rcon/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: NXPI correlations · RCON correlations
