Recon Technology, Ltd. Class A Ordinary Shares (RCON) — Stock Correlations & Overview
Over the past year, RCON has moved most closely with USNA, LMAT, LMB. Explore the stocks most correlated and inversely correlated with RCON below, along with its price, financials, and company profile.
Stocks correlated with RCON
Correlation of daily returns. Higher positive values move with RCON; negative values move opposite it. Informational only, not investment advice.
Most correlated with RCON
| Symbol | Company | Correlation |
|---|---|---|
| USNA | USANA Health Sciences IncMEDICINAL CHEMICALS & BOTANICAL PRODUCTS | 0.54 |
| LMAT | LeMaitre Vascular, Inc.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.54 |
| LMB | Limbach Holdings, Inc Common StockCONSTRUCTION - SPECIAL TRADE CONTRACTORS | 0.51 |
| TBLA | Taboola.com Ltd. Ordinary SharesSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | 0.47 |
| CHCT | Community Healthcare Trust Incorporated Common Stock, $0.01 par value per shareREAL ESTATE INVESTMENT TRUSTS | 0.46 |
Most inversely correlated with RCON
| Symbol | Company | Correlation |
|---|---|---|
| OESX | Orion Energy Systems, Inc.ELECTRIC LIGHTING & WIRING EQUIPMENT | -0.43 |
| SWIM | Latham Group, Inc. Common StockPLASTICS PRODUCTS, NEC | -0.40 |
| HGTY | Hagerty, Inc.INSURANCE AGENTS, BROKERS & SERVICE | -0.38 |
| CRCT | Cricut, Inc. Class A Common StockSPECIAL INDUSTRY MACHINERY, NEC | -0.38 |
| PRGO | PERRIGO COMPANY PLCPHARMACEUTICAL PREPARATIONS | -0.33 |
Frequently asked questions about RCON correlations
- Which stocks are most correlated with RCON?
- Based on one year of daily returns, the stocks most correlated with Recon Technology, Ltd. Class A Ordinary Shares (RCON) are USNA (0.54), LMAT (0.54) and LMB (0.51). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with RCON?
- Over the past year, the stocks most inversely correlated with Recon Technology, Ltd. Class A Ordinary Shares (RCON) are OESX (-0.43), SWIM (-0.40) and HGTY (-0.38). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these RCON correlations calculated?
- We compute the correlation of daily returns between RCON and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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