RCON vs TROW: Correlation
How closely do Recon Technology, Ltd. - Class A (RCON) and T. Rowe Price (TROW) trade together? Their weekly returns over three years give a correlation of -0.13, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RCON and TROW?
On 3 years of weekly data the RCON/TROW correlation comes out at -0.13, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.28) runs below the 3-year figure (-0.13). The 5-year figure is -0.07, and annualized covariance runs at -42236.2 %².
Among the 48 assets we track against RCON, TROW ranks #25 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TROW outperformed by 30.7 percentage points (-22.6% for RCON against +8.1% for TROW). Note the risk asymmetry: RCON runs 584.2 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.
RCON vs TROW: side by side
| RCON (Recon Technology, Ltd. - Class A) | TROW (T. Rowe Price) | |
|---|---|---|
| 1-year return | -22.6% | +8.1% |
| 5-year return | -97.1% | -37.0% |
| Volatility (ann.) | 13728.9% | 23.5% |
| Beta vs S&P 500 | 22.04 | 1.10 |
| Max drawdown (3Y) | -100.0% | -34.0% |
| Market cap | – | $24.0B |
| P/E (trailing) | – | 11.3 |
| Dividend yield | 0.00% | 4.57% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | RCON | TROW |
|---|---|---|
| 2022 | -3.8% | -42.2% |
| 2023 | -81.7% | +3.4% |
| 2024 | -49.5% | +9.7% |
| 2025 | -24.4% | -4.7% |
| 2026 | +10.8% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RCON and TROW good diversifiers for each other?
By historical standards, yes. A correlation of -0.13 means the two rarely move for the same reasons.
FAQ
What is the correlation between RCON and TROW?
Using weekly returns as of 2026-08-27: -0.13 over 3 years, with -0.28 over the last year and -0.07 over 5 years.
Is TROW a good diversifier for RCON?
By historical standards, yes. A correlation of -0.13 means the two rarely move for the same reasons.
What does a correlation of -0.13 mean?
A reading of -0.13 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
$ curl https://www.pairbook.io/api/v1/pairs/rcon-vs-trow.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rcon-vs-trow/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RCON correlations · TROW correlations
