Correlation Between Now and RPC

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This comparison outlines how Now Inc and RPC Inc move in relation to one another. The linkage helps describe the extent of diversifiable risk across the pair. The dataset reflects observed price behavior across time frames.
Comparing Now Inc and RPC Inc on return linkage makes pair-trade and hedge decisions easier to frame. Return co-movement patterns are presented across multiple observation windows. Relative behavior between Now and RPC can be evaluated through a paired structure. Go to your portfolio center

Diversification Opportunities for Now and RPC

-0.39
  Correlation Coefficient
 Now
 RPC
Strong inverse diversification
The 3 months correlation between Now and RPC is -0.39. Overlapping area represents the amount of risk that can be diversified away by holding Now Inc and RPC Inc in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on RPC Inc and Now is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Now Inc are associated (or correlated) with RPC. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of RPC Inc has no effect on the direction of Now i.e., Now and RPC go up and down completely randomly.

Pair Correlation Between Now and RPC

Given a 90-day horizon, Now Inc has been underperforming RPC. Compounding this underperformance, Now is 1.17 times more volatile than RPC Inc. It converts risk into return at a rate of about -0.09. RPC Inc is currently generating about 0.16 per unit of volatility. If you had invested $ 573.00 in RPC Inc on February 6, 2026 and sold it today, you would have earned $ 165.00 , a return of 28.8% over 90 days..
Time Period3 Months [change]
DirectionMoves Against 
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns

Now Inc  vs.  RPC Inc

 Performance 
       Timeline  
Now Inc 
Risk-Adjusted Performance
0100
0 · Weak
During the last 90 trading days, Now Inc produced returns below breakeven, signaling weak efficiency for investors with long positions. This reading is typically reviewed alongside volatility, downside risk, and benchmark-relative behavior. Over the measured horizon, Now has produced deeply negative returns relative to the volatility absorbed. ...more
RPC Inc 
Risk-Adjusted Performance
0100
12 · Balanced
RPC Inc currently ranks below 12% of comparable global equities and portfolios when recent risk-adjusted returns are measured across a 90-day horizon. Return quality should be judged alongside the volatility required to produce it. RPC has outperformed on a risk-adjusted basis recently, with return quality supporting continued holder confidence. ...more

Now and RPC Volatility Contrast

   Predicted Return Distribution   
       Density  

Pair Trading with Now and RPC

Pair trading between Now and RPC reduces some unsystematic risk by balancing one position against another. The structure offsets losses in one leg when unexpected sector or market pressure hits both names.
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