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RDIB vs VCIG: Correlation

Measured on weekly returns over the past three years, Reading International Inc - Class B Voting (RDIB) and VCI Global Limited (VCIG) carry a correlation of 0.46, a moderate link.

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

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.76
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
29006.1
%² · weekly, annualized

How correlated are RDIB and VCIG?

Across a 3-year window, the weekly returns of RDIB and VCIG correlate at 0.46, moderate. The link has tightened recently: the 1-year correlation (0.76) runs above the 3-year figure (0.46). Stretching to 5 years gives n/a, with an annualized covariance of 29006.1 %².

By 3-year correlation, VCIG places #4 of the 10 assets tracked against RDIB. The last year tells two different stories: RDIB led by 112.6 percentage points, +12.8% for RDIB against -99.8% for VCIG. Risk is not evenly split, since VCIG carries 9.0 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.

RDIB vs VCIG: side by side

RDIB (Reading International Inc - Class B Voting)VCIG (VCI Global Limited)
1-year return+12.8%-99.8%
5-year return-35.9%n/a
Volatility (ann.)83.4%754.7%
Beta vs S&P 5000.583.93
Max drawdown (3Y)-72.8%-100.0%
Market cap$0.4B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: RDIB -72.8% vs -100.0%
-100%0%+19%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). RDIB · VCIG

Year-by-year returns

YearRDIBVCIG
2022-14.5%
2023-29.1%
2024-39.6%-98.4%
2025+36.5%-99.9%
2026+32.8%-91.6%

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

Are RDIB and VCIG good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between RDIB and VCIG?

Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.76 over the last year and n/a over 5 years.

Is VCIG a good diversifier for RDIB?

Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.46 mean?

On the −1 to +1 scale, 0.46 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.

Use this data

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$ curl https://www.pairbook.io/api/v1/pairs/rdib-vs-vcig.json

RDIB vs VCIG: 3-year weekly correlation 0.46RDIB vs VCIG0.46

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Related comparisons

Hubs: RDIB correlations · VCIG correlations