RCON vs VNRX: Correlation
Measured on weekly returns over the past three years, Recon Technology, Ltd. - Class A (RCON) and VolitionRX Limited (VNRX) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RCON and VNRX?
Over the past 3 years, RCON and VNRX moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.33) runs below the 3-year figure (-0.22). Over 5 years the correlation is -0.20, and the annualized covariance of weekly returns is -311368.2 %².
By 3-year correlation, VNRX places #32 of the 48 assets tracked against RCON. The last year tells two different stories: RCON led by 73.7 percentage points, -22.6% for RCON against -96.3% for VNRX. Risk is not evenly split, since RCON carries 135.8 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.
RCON vs VNRX: side by side
| RCON (Recon Technology, Ltd. - Class A) | VNRX (VolitionRX Limited) | |
|---|---|---|
| 1-year return | -22.6% | -96.3% |
| 5-year return | -97.1% | -99.2% |
| Volatility (ann.) | 13728.9% | 101.1% |
| Beta vs S&P 500 | 22.04 | 0.87 |
| Max drawdown (3Y) | -100.0% | -98.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RCON | VNRX |
|---|---|---|
| 2022 | -3.8% | -22.6% |
| 2023 | -81.7% | -70.4% |
| 2024 | -49.5% | -16.7% |
| 2025 | -24.4% | -56.7% |
| 2026 | +10.8% | -90.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RCON and VNRX good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between RCON and VNRX?
The RCON/VNRX correlation stands at -0.22 on a 3-year window (1 year: -0.33, 5 years: -0.20), computed from weekly returns as of 2026-08-27.
Is VNRX a good diversifier for RCON?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 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/rcon-vs-vnrx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rcon-vs-vnrx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RCON correlations · VNRX correlations
