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CATX vs RYM: Correlation

How closely do Perspective Therapeutics, Inc. (CATX) and RYTHM, Inc. (RYM) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.27
negative
Correlation (1Y)
0.07
last 12 months
Correlation (5Y)
-0.17
long-run
Ann. covariance
-5927.3
%² · weekly, annualized

How correlated are CATX and RYM?

Across a 3-year window, the weekly returns of CATX and RYM correlate at -0.27, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.07) runs above the 3-year figure (-0.27). Stretching to 5 years gives -0.17, with an annualized covariance of -5927.3 %².

RYM is close to the least connected end of CATX's tracked universe, ranking #11 of 14. On 12-month performance CATX holds a 14.3-point edge, -11.9% against -26.2%. Note the risk asymmetry: RYM runs 2.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

CATX vs RYM: side by side

CATX (Perspective Therapeutics, Inc.)RYM (RYTHM, Inc.)
1-year return-11.9%-26.2%
5-year return-49.5%-100.0%
Volatility (ann.)105.9%208.3%
Beta vs S&P 5001.102.05
Max drawdown (3Y)-90.7%-94.4%
Market cap$0.4B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: CATX -90.7% vs -94.4%Higher 5y return: CATX -49.5% vs -100.0%
-58%0%+63%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). CATX · RYM

Year-by-year returns

YearCATXRYM
2022-35.9%-99.6%
2023+60.0%-81.1%
2024-20.2%+53.9%
2025-13.8%-26.4%
2026+15.6%+5.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CATX and RYM good diversifiers for each other?

Yes. With a correlation of -0.27, CATX and RYM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between CATX and RYM?

Using weekly returns as of 2026-08-27: -0.27 over 3 years, with 0.07 over the last year and -0.17 over 5 years.

Is RYM a good diversifier for CATX?

Yes. With a correlation of -0.27, CATX and RYM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.27 mean?

On the −1 to +1 scale, -0.27 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

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CATX vs RYM: 3-year weekly correlation -0.27CATX vs RYM-0.27

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Hubs: CATX correlations · RYM correlations