AIZ vs RIME: Correlation
Measured on weekly returns over the past three years, Assurant (AIZ) and Algorhythm Holdings, Inc. (RIME) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIZ and RIME?
On 3 years of weekly data the AIZ/RIME correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.55) than the 3-year average (-0.28). The 5-year figure is -0.22, and annualized covariance runs at -1185.0 %².
Out of 34 assets tracked against AIZ, RIME lands near the bottom at #32. The last year tells two different stories: AIZ led by 120.7 percentage points, +34.1% for AIZ against -86.6% for RIME. One caveat on sizing: RIME is 9.2 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.
AIZ vs RIME: side by side
| AIZ (Assurant) | RIME (Algorhythm Holdings, Inc.) | |
|---|---|---|
| 1-year return | +34.1% | -86.6% |
| 5-year return | +83.5% | -100.0% |
| Volatility (ann.) | 21.5% | 197.4% |
| Beta vs S&P 500 | 0.60 | -0.17 |
| Max drawdown (3Y) | -20.8% | -99.9% |
| Market cap | $14.1B | – |
| P/E (trailing) | 13.8 | – |
| Dividend yield | 1.19% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AIZ | RIME |
|---|---|---|
| 2022 | -18.3% | -43.3% |
| 2023 | +37.5% | -77.1% |
| 2024 | +28.5% | -91.1% |
| 2025 | +14.7% | -94.4% |
| 2026 | +19.4% | -72.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIZ and RIME good diversifiers for each other?
Yes. With a correlation of -0.28, AIZ and RIME have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AIZ and RIME?
As of 2026-08-27, the correlation of weekly returns between AIZ and RIME is -0.28 over 3 years, -0.55 over 1 year and -0.22 over 5 years.
Is RIME a good diversifier for AIZ?
Yes. With a correlation of -0.28, AIZ and RIME have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aiz-vs-rime.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aiz-vs-rime/)
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Related comparisons
Hubs: AIZ correlations · RIME correlations
