ATEN vs RM: Correlation
Measured on weekly returns over the past three years, A10 Networks, Inc. (ATEN) and Regional Management Corp. (RM) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATEN and RM?
Across a 3-year window, the weekly returns of ATEN and RM correlate at 0.47, moderate. Little has changed lately, as the 1-year reading of 0.53 lands near the 3-year figure. Stretching to 5 years gives 0.30, with an annualized covariance of 616.1 %².
Few assets follow ATEN as closely as RM, which ranks #2 of 14 tracked partners. Their recent paths diverged sharply: over the last 12 months ATEN outperformed by 76.7 percentage points (+56.6% for ATEN against -20.1% for RM).
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.
ATEN vs RM: side by side
| ATEN (A10 Networks, Inc.) | RM (Regional Management Corp.) | |
|---|---|---|
| 1-year return | +56.6% | -20.1% |
| 5-year return | +106.4% | -32.6% |
| Volatility (ann.) | 34.0% | 38.2% |
| Beta vs S&P 500 | 0.89 | 0.91 |
| Max drawdown (3Y) | -33.9% | -31.0% |
| Market cap | $2.0B | $0.3B |
| P/E (trailing) | 44.3 | 6.9 |
| Dividend yield | 0.93% | 3.68% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATEN | RM |
|---|---|---|
| 2022 | +1.7% | -49.6% |
| 2023 | -19.4% | -6.6% |
| 2024 | +42.1% | +41.5% |
| 2025 | -2.6% | +18.1% |
| 2026 | +53.9% | -13.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATEN and RM good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ATEN and RM?
As of 2026-08-27, the correlation of weekly returns between ATEN and RM is 0.47 over 3 years, 0.53 over 1 year and 0.30 over 5 years.
Is RM a good diversifier for ATEN?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 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/aten-vs-rm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aten-vs-rm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ATEN correlations · RM correlations
