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RCON vs SEGG: Correlation

Recon Technology, Ltd. - Class A (RCON) and Sports Entertainment Gaming Global Corporation (SEGG) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.

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

Correlation (3Y)
0.51
moderate
Correlation (1Y)
0.70
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
2731145.6
%² · weekly, annualized

How correlated are RCON and SEGG?

On 3 years of weekly data the RCON/SEGG correlation comes out at 0.51, moderate. The link has tightened recently: the 1-year correlation (0.70) runs above the 3-year figure (0.51). The 5-year figure is n/a, and annualized covariance runs at 2731145.6 %².

Among the 48 assets we track against RCON, SEGG ranks #20 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RCON ahead by 34.2 points (-22.6% versus -56.8%). Note the risk asymmetry: RCON runs 35.3 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.

RCON vs SEGG: side by side

RCON (Recon Technology, Ltd. - Class A)SEGG (Sports Entertainment Gaming Global Corporation)
1-year return-22.6%-56.8%
5-year return-97.1%n/a
Volatility (ann.)13728.9%389.2%
Beta vs S&P 50022.040.24
Max drawdown (3Y)-100.0%-98.9%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: SEGG -98.9% vs -100.0%
-98%0%+4344%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. RCON · SEGG

Year-by-year returns

YearRCONSEGG
2022-3.8%
2023-81.7%
2024-49.5%-82.1%
2025-24.4%-84.9%
2026+10.8%+274.0%

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

Are RCON and SEGG good diversifiers for each other?

Only partially. A correlation of 0.51 means RCON and SEGG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between RCON and SEGG?

As of 2026-08-27, the correlation of weekly returns between RCON and SEGG is 0.51 over 3 years, 0.70 over 1 year and n/a over 5 years.

Is SEGG a good diversifier for RCON?

Only partially. A correlation of 0.51 means RCON and SEGG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.51 mean?

A reading of 0.51 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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RCON vs SEGG: 3-year weekly correlation 0.51RCON vs SEGG0.51

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Related comparisons

Hubs: RCON correlations · SEGG correlations