RR vs SRXH: Correlation
Richtech Robotics Inc. (RR) and SRX Global Inc. (SRXH) show a weak relationship: their 3-year correlation of weekly returns is 0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RR and SRXH?
Across a 3-year window, the weekly returns of RR and SRXH correlate at 0.28, weak. Little has changed lately, as the 1-year reading of 0.32 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 4942.8 %².
Within RR's tracked universe of 21 assets, SRXH comes in at #16 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RR outperformed by 50.8 percentage points (-41.1% for RR against -91.9% for SRXH).
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.
RR vs SRXH: side by side
| RR (Richtech Robotics Inc.) | SRXH (SRX Global Inc.) | |
|---|---|---|
| 1-year return | -41.1% | -91.9% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 155.1% | 116.5% |
| Beta vs S&P 500 | 2.22 | 0.40 |
| Max drawdown (3Y) | -96.7% | -99.8% |
| Market cap | $0.4B | – |
| P/E (trailing) | 27.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RR | SRXH |
|---|---|---|
| 2022 | – | -83.3% |
| 2023 | – | -48.6% |
| 2024 | -54.6% | -78.8% |
| 2025 | +19.6% | -86.9% |
| 2026 | -39.6% | -86.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RR and SRXH good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between RR and SRXH?
The RR/SRXH correlation stands at 0.28 on a 3-year window (1 year: 0.32, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SRXH a good diversifier for RR?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.28 mean?
On the −1 to +1 scale, 0.28 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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Related comparisons
Hubs: RR correlations · SRXH correlations
