CATO vs RYM: Correlation
Cato Corporation (The) (CATO) and RYTHM, Inc. (RYM) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CATO and RYM?
Across a 3-year window, the weekly returns of CATO and RYM correlate at -0.29, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.13) than the 3-year average (-0.29). Stretching to 5 years gives -0.14, with an annualized covariance of -3351.3 %².
RYM is close to the least connected end of CATO's tracked universe, ranking #10 of 12. Over the last 12 months RYM came out ahead by 5.6 percentage points (-31.8% against -26.2%). Risk is not evenly split, since RYM carries 3.7 times the volatility of the other side.
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.
CATO vs RYM: side by side
| CATO (Cato Corporation (The)) | RYM (RYTHM, Inc.) | |
|---|---|---|
| 1-year return | -31.8% | -26.2% |
| 5-year return | -80.5% | -100.0% |
| Volatility (ann.) | 56.2% | 208.3% |
| Beta vs S&P 500 | 0.62 | 2.05 |
| Max drawdown (3Y) | -69.4% | -94.4% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CATO | RYM |
|---|---|---|
| 2022 | -42.2% | -99.6% |
| 2023 | -16.5% | -81.1% |
| 2024 | -39.8% | +53.9% |
| 2025 | -20.8% | -26.4% |
| 2026 | -13.9% | +5.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CATO and RYM good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between CATO and RYM?
Using weekly returns as of 2026-08-27: -0.29 over 3 years, with -0.13 over the last year and -0.14 over 5 years.
Is RYM a good diversifier for CATO?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 mean?
On the −1 to +1 scale, -0.29 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/cato-vs-rym.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cato-vs-rym/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CATO correlations · RYM correlations
