RCON vs ZONE: Correlation
Measured on weekly returns over the past three years, Recon Technology, Ltd. - Class A (RCON) and CleanCore Solutions Inc. (ZONE) carry a correlation of -0.33, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RCON and ZONE?
On 3 years of weekly data the RCON/ZONE correlation comes out at -0.33, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.42 over 1 year against -0.33 over 3. The 5-year figure is n/a, and annualized covariance runs at -753774.0 %².
Out of 48 assets tracked against RCON, ZONE lands near the bottom at #44. Correlation aside, the last 12 months split them widely, with RCON ahead by 75.1 points (-22.6% versus -97.7%). Note the risk asymmetry: RCON runs 92.0 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 ZONE: side by side
| RCON (Recon Technology, Ltd. - Class A) | ZONE (CleanCore Solutions Inc.) | |
|---|---|---|
| 1-year return | -22.6% | -97.7% |
| 5-year return | -97.1% | n/a |
| Volatility (ann.) | 13728.9% | 149.2% |
| Beta vs S&P 500 | 22.04 | 0.94 |
| Max drawdown (3Y) | -100.0% | -97.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RCON | ZONE |
|---|---|---|
| 2022 | -3.8% | – |
| 2023 | -81.7% | – |
| 2024 | -49.5% | – |
| 2025 | -24.4% | -79.8% |
| 2026 | +10.8% | -43.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RCON and ZONE good diversifiers for each other?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RCON and ZONE?
As of 2026-08-27, the correlation of weekly returns between RCON and ZONE is -0.33 over 3 years, -0.42 over 1 year and n/a over 5 years.
Is ZONE a good diversifier for RCON?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.33 mean?
A reading of -0.33 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-zone.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rcon-vs-zone/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RCON correlations · ZONE correlations
