PLAG vs RCG: Correlation
Measured on weekly returns over the past three years, Planet Green Holdings Corp. (PLAG) and RENN Fund, Inc (RCG) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLAG and RCG?
Across a 3-year window, the weekly returns of PLAG and RCG correlate at -0.24, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.35) runs below the 3-year figure (-0.24). Stretching to 5 years gives -0.11, with an annualized covariance of -1015.0 %².
Among the 20 assets we track against PLAG, RCG sits near the bottom by co-movement, at rank #16. Their recent paths diverged sharply: over the last 12 months RCG outperformed by 70.2 percentage points (-59.1% for PLAG against +11.1% for RCG). Note the risk asymmetry: PLAG runs 6.2 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.
PLAG vs RCG: side by side
| PLAG (Planet Green Holdings Corp.) | RCG (RENN Fund, Inc) | |
|---|---|---|
| 1-year return | -59.1% | +11.1% |
| 5-year return | -94.2% | +24.1% |
| Volatility (ann.) | 160.4% | 25.8% |
| Beta vs S&P 500 | -0.67 | 0.09 |
| Max drawdown (3Y) | -93.8% | -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 | PLAG | RCG |
|---|---|---|
| 2022 | -39.2% | -31.5% |
| 2023 | -21.0% | -4.7% |
| 2024 | -46.9% | +31.6% |
| 2025 | -15.8% | +16.2% |
| 2026 | -67.0% | +13.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLAG and RCG good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between PLAG and RCG?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.35 over the last year and -0.11 over 5 years.
Is RCG a good diversifier for PLAG?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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/plag-vs-rcg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/plag-vs-rcg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PLAG correlations · RCG correlations
