Resources Connection Correlations

RGP Stock

USD 4.80 0.30 6.67%

The current 90-days correlation between Resources Connection and Forrester Research is -0.26 (i.e., Very good diversification). The correlation of Resources Connection is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Resources Connection Correlation With Market

Average diversification

The correlation between Resources Connection and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Resources Connection and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Resources Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resources Connection. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Resources Stock, please use our How to Invest in Resources Connection guide.

Moving together with Resources Stock

0.7	MG	Mistras Group	Pair Corr
0.76	WLDN	Willdan Group	Pair Corr
0.78	RHLD	Resolute Holdings Symbol Change	Pair Corr
0.72	FYBR	Frontier Communications Sell-off Trend	Pair Corr
0.64	EGBN	Eagle Bancorp	Pair Corr
0.78	ACN	Accenture plc	Pair Corr
0.74	ATI	Allegheny Technologies	Pair Corr
0.8	WSFS	WSFS Financial	Pair Corr
0.73	MIELF	Mitsubishi Electric	Pair Corr
0.85	SMEGF	Siemens Energy AG Downward Rally	Pair Corr
0.83	NMIH	NMI Holdings	Pair Corr

Moving against Resources Stock

0.82	603060	China Building Material	Pair Corr
0.81	603357	Anhui Transport Cons	Pair Corr
0.66	603860	RoadMain T	Pair Corr
0.54	SIGL	Signal Advance	Pair Corr
0.53	300556	Silkroad Visual Tech	Pair Corr
0.44	RCMT	RCM Technologies	Pair Corr
0.38	HNRC	Houston Natural Resources	Pair Corr
0.58	LPG	Dorian LPG	Pair Corr
0.37	JAKK	JAKKS Pacific	Pair Corr

Related Correlations Analysis

	FORR	ROMA	GLCP	BLNK	FCEL	MVST	ESGL	TBI	SRFM	ISSC
FORR		0.19	0.0	0.69	0.47	0.69	0.12	0.75	0.87	0.01	FORR
ROMA	0.19		0.0	0.72	-0.02	0.63	-0.5	0.57	0.39	-0.88	ROMA
GLCP	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	GLCP
BLNK	0.69	0.72	0.0		0.37	0.82	-0.26	0.83	0.87	-0.55	BLNK
FCEL	0.47	-0.02	0.0	0.37		0.32	0.49	0.43	0.6	0.29	FCEL
MVST	0.69	0.63	0.0	0.82	0.32		-0.24	0.68	0.85	-0.46	MVST
ESGL	0.12	-0.5	0.0	-0.26	0.49	-0.24		0.09	0.03	0.6	ESGL
TBI	0.75	0.57	0.0	0.83	0.43	0.68	0.09		0.79	-0.34	TBI
SRFM	0.87	0.39	0.0	0.87	0.6	0.85	0.03	0.79		-0.18	SRFM
ISSC	0.01	-0.88	0.0	-0.55	0.29	-0.46	0.6	-0.34	-0.18		ISSC
	FORR	ROMA	GLCP	BLNK	FCEL	MVST	ESGL	TBI	SRFM	ISSC

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

SRFM	+ 0.87	FORR
SRFM	+ 0.87	BLNK
SRFM	+ 0.85	MVST
TBI	+ 0.83	BLNK
MVST	+ 0.82	BLNK
SRFM	+ 0.79	TBI

High negative correlations

ISSC	- 0.88	ROMA
ISSC	- 0.55	BLNK
ESGL	- 0.5	ROMA
ISSC	- 0.46	MVST
ISSC	- 0.34	TBI
ESGL	- 0.26	BLNK

Risk-Adjusted Indicators

There is a big difference between Resources Stock performing well and Resources Connection Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Resources Connection's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FORR	2.52	(0.19)	0.00	(1.46)	0.00	0.00	6.14	(4.79)	19.50
ROMA	3.43	(1.07)	0.00	(0.86)	0.00	0.00	5.95	(8.16)	28.30
GLCP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BLNK	4.52	(1.83)	0.00	(0.51)	0.00	0.00	10.40	(9.42)	26.30
FCEL	5.16	(0.53)	0.00	(0.06)	0.00	0.00	12.39	(9.07)	35.51
MVST	3.98	(0.44)	0.00	(0.11)	0.00	0.00	11.75	(8.91)	31.06
ESGL	0.45	0.01	(0.06)	(0.01)	0.60	(1.08)	1.33	(1.28)	3.90
TBI	2.41	(0.45)	0.00	(0.24)	0.00	0.00	5.89	(4.52)	24.96
SRFM	4.95	(0.79)	0.00	(0.13)	0.00	0.00	10.58	(8.50)	26.17
ISSC	3.23	0.58	0.21	0.32	2.85	(3.84)	6.25	(4.75)	34.66

Resources Connection Corporate Management

Jennifer Ryu	CFO VP	Profile
Katy Conway	Chief Officer	Profile
Joni Noel	VP Healthcare	Profile
Michael Allen	Vice Digital	Profile
Keith Golden	Chief Officer	Profile
Bhadreskumar Patel	Chief Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC