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PRZO vs RECT: Correlation

Measured on weekly returns over the past three years, ParaZero Technologies Ltd. (PRZO) and Rectitude Holdings Ltd (RECT) carry a correlation of 0.41, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.41
moderate
Correlation (1Y)
0.13
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
3518.5
%² · weekly, annualized

How correlated are PRZO and RECT?

Across a 3-year window, the weekly returns of PRZO and RECT correlate at 0.41, moderate. The past 12 months show a weaker link (0.13) than the 3-year average (0.41). Stretching to 5 years gives n/a, with an annualized covariance of 3518.5 %².

Among the 17 assets we track against PRZO, RECT ranks #8 by 3-year correlation. The last year tells two different stories: PRZO led by 29.8 percentage points, -42.3% for PRZO against -72.1% for RECT. Note the risk asymmetry: PRZO runs 2.6 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.

PRZO vs RECT: side by side

PRZO (ParaZero Technologies Ltd.)RECT (Rectitude Holdings Ltd)
1-year return-42.3%-72.1%
5-year returnn/an/a
Volatility (ann.)172.1%65.0%
Beta vs S&P 5001.950.67
Max drawdown (3Y)-88.0%-85.4%
Market cap
P/E (trailing)6.4
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: RECT -85.4% vs -88.0%
-76%0%+31%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. PRZO · RECT

Year-by-year returns

YearPRZORECT
2024+185.5%
2025-59.9%-74.1%
2026-4.5%-27.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are PRZO and RECT good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between PRZO and RECT?

As of 2026-08-27, the correlation of weekly returns between PRZO and RECT is 0.41 over 3 years, 0.13 over 1 year and n/a over 5 years.

Is RECT a good diversifier for PRZO?

Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.41 mean?

A reading of 0.41 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

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PRZO vs RECT: 3-year weekly correlation 0.41PRZO vs RECT0.41

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Related comparisons

Hubs: PRZO correlations · RECT correlations