RECT vs REED: Correlation
Rectitude Holdings Ltd (RECT) and Reed's, Inc. (REED) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RECT and REED?
On 3 years of weekly data the RECT/REED correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.33) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -1924.0 %².
Out of 18 assets tracked against RECT, REED lands near the bottom at #17. Over the last 12 months RECT came out ahead by 12.0 percentage points (-72.1% against -84.1%). One caveat on sizing: REED is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
RECT vs REED: side by side
| RECT (Rectitude Holdings Ltd) | REED (Reed's, Inc.) | |
|---|---|---|
| 1-year return | -72.1% | -84.1% |
| 5-year return | n/a | -99.5% |
| Volatility (ann.) | 65.0% | 104.6% |
| Beta vs S&P 500 | 0.67 | -0.39 |
| Max drawdown (3Y) | -85.4% | -96.4% |
| Market cap | – | – |
| P/E (trailing) | 6.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RECT | REED |
|---|---|---|
| 2022 | – | -80.6% |
| 2023 | – | -54.3% |
| 2024 | – | -60.6% |
| 2025 | -74.1% | -44.4% |
| 2026 | -27.0% | -53.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RECT and REED good diversifiers for each other?
Yes. With a correlation of -0.26, RECT and REED have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RECT and REED?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.33 over the last year and n/a over 5 years.
Is REED a good diversifier for RECT?
Yes. With a correlation of -0.26, RECT and REED have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 mean?
On the −1 to +1 scale, -0.26 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
$ curl https://www.pairbook.io/api/v1/pairs/rect-vs-reed.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rect-vs-reed/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RECT correlations · REED correlations
