RCMT vs RMT: Correlation
Measured on weekly returns over the past three years, RCM Technologies, Inc. (RCMT) and Royce Micro-Cap Trust, Inc. (RMT) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RCMT and RMT?
On 3 years of weekly data the RCMT/RMT correlation comes out at 0.39, moderate. Recent behaviour matches the longer record: 0.43 over 1 year against 0.39 over 3. The 5-year figure is 0.22, and annualized covariance runs at 388.6 %².
By 3-year correlation, RMT places #4 of the 10 assets tracked against RCMT. On 12-month performance RCMT holds a 8.5-point edge, +56.9% against +48.4%. Risk is not evenly split, since RCMT carries 2.4 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.
RCMT vs RMT: side by side
| RCMT (RCM Technologies, Inc.) | RMT (Royce Micro-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | +56.9% | +48.4% |
| 5-year return | +698.6% | +80.1% |
| Volatility (ann.) | 49.1% | 20.5% |
| Beta vs S&P 500 | 0.94 | 1.09 |
| Max drawdown (3Y) | -53.1% | -26.4% |
| Market cap | $0.3B | $0.8B |
| P/E (trailing) | 17.7 | 8.5 |
| Dividend yield | 0.00% | 5.57% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RCMT | RMT |
|---|---|---|
| 2022 | +73.3% | -16.8% |
| 2023 | +135.3% | +15.8% |
| 2024 | -23.7% | +14.0% |
| 2025 | -7.7% | +16.1% |
| 2026 | +100.3% | +39.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RCMT and RMT good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between RCMT and RMT?
The RCMT/RMT correlation stands at 0.39 on a 3-year window (1 year: 0.43, 5 years: 0.22), computed from weekly returns as of 2026-08-27.
Is RMT a good diversifier for RCMT?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 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/rcmt-vs-rmt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rcmt-vs-rmt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RCMT correlations · RMT correlations
