RR vs TGL: Correlation
Richtech Robotics Inc. (RR) and Treasure Global Inc. (TGL) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RR and TGL?
On 3 years of weekly data the RR/TGL correlation comes out at 0.35, moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 8335.7 %².
Among the 21 assets we track against RR, TGL ranks #14 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RR outperformed by 48.9 percentage points (-41.1% for RR against -90.0% for TGL).
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 TGL: side by side
| RR (Richtech Robotics Inc.) | TGL (Treasure Global Inc.) | |
|---|---|---|
| 1-year return | -41.1% | -90.0% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 155.1% | 155.0% |
| Beta vs S&P 500 | 2.22 | 0.73 |
| Max drawdown (3Y) | -96.7% | -100.0% |
| 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 | TGL |
|---|---|---|
| 2023 | – | -94.8% |
| 2024 | -54.6% | -97.2% |
| 2025 | +19.6% | -96.5% |
| 2026 | -39.6% | -58.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RR and TGL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between RR and TGL?
As of 2026-08-27, the correlation of weekly returns between RR and TGL is 0.35 over 3 years, 0.43 over 1 year and n/a over 5 years.
Is TGL a good diversifier for RR?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 mean?
On the −1 to +1 scale, 0.35 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 · TGL correlations
