ADP vs RIME: Correlation
Measured on weekly returns over the past three years, Automatic Data Processing (ADP) and Algorhythm Holdings, Inc. (RIME) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADP and RIME?
Across a 3-year window, the weekly returns of ADP and RIME correlate at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.27) sits close to the 3-year figure. Stretching to 5 years gives -0.18, with an annualized covariance of -904.0 %².
By 3-year correlation, RIME places #36 of the 43 assets tracked against ADP. Their recent paths diverged sharply: over the last 12 months ADP outperformed by 83.1 percentage points (-3.5% for ADP against -86.6% for RIME). One caveat on sizing: RIME is 9.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ADP vs RIME: side by side
| ADP (Automatic Data Processing) | RIME (Algorhythm Holdings, Inc.) | |
|---|---|---|
| 1-year return | -3.5% | -86.6% |
| 5-year return | +52.0% | -100.0% |
| Volatility (ann.) | 21.7% | 197.4% |
| Beta vs S&P 500 | 0.53 | -0.17 |
| Max drawdown (3Y) | -40.8% | -99.9% |
| Market cap | $113.1B | – |
| P/E (trailing) | 26.0 | – |
| Dividend yield | 2.36% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | ADP | RIME |
|---|---|---|
| 2022 | -1.3% | -43.3% |
| 2023 | -0.2% | -77.1% |
| 2024 | +28.4% | -91.1% |
| 2025 | -10.2% | -94.4% |
| 2026 | +12.4% | -72.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADP and RIME good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between ADP and RIME?
The ADP/RIME correlation stands at -0.21 on a 3-year window (1 year: -0.27, 5 years: -0.18), computed from weekly returns as of 2026-08-27.
Is RIME a good diversifier for ADP?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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
$ curl https://www.pairbook.io/api/v1/pairs/adp-vs-rime.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adp-vs-rime/)
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Related comparisons
Hubs: ADP correlations · RIME correlations
