RDCM vs TDOC: Correlation
How closely do Radcom Ltd. (RDCM) and Teladoc Health, Inc. (TDOC) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RDCM and TDOC?
Across a 3-year window, the weekly returns of RDCM and TDOC correlate at 0.36, moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.36 over 3. Stretching to 5 years gives 0.29, with an annualized covariance of 927.1 %².
Within RDCM's tracked universe of 11 assets, TDOC comes in at #5 by 3-year correlation. Their 12-month results are close: -20.8% for RDCM against -17.8% for TDOC.
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.
RDCM vs TDOC: side by side
| RDCM (Radcom Ltd.) | TDOC (Teladoc Health, Inc.) | |
|---|---|---|
| 1-year return | -20.8% | -17.8% |
| 5-year return | -5.4% | -95.6% |
| Volatility (ann.) | 44.0% | 58.1% |
| Beta vs S&P 500 | 0.64 | 1.55 |
| Max drawdown (3Y) | -38.0% | -80.5% |
| Market cap | $0.2B | $1.2B |
| P/E (trailing) | 24.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RDCM | TDOC |
|---|---|---|
| 2022 | -16.2% | -74.2% |
| 2023 | -26.3% | -8.9% |
| 2024 | +53.3% | -57.8% |
| 2025 | +5.8% | -23.0% |
| 2026 | -20.4% | -9.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RDCM and TDOC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between RDCM and TDOC?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.42 over the last year and 0.29 over 5 years.
Is TDOC a good diversifier for RDCM?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: RDCM correlations · TDOC correlations
