CRSP vs RMNI: Correlation
Measured on weekly returns over the past three years, CRISPR Therapeutics AG (CRSP) and Rimini Street, Inc. (RMNI) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRSP and RMNI?
Over the past 3 years, CRSP and RMNI moved with a correlation of 0.44, which is moderate. Little has changed lately, as the 1-year reading of 0.45 lands near the 3-year figure. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 1551.9 %².
Out of 19 assets tracked against CRSP, RMNI lands near the bottom at #15. The last year tells two different stories: RMNI led by 16.7 percentage points, +10.9% for CRSP against +27.6% for RMNI.
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.
CRSP vs RMNI: side by side
| CRSP (CRISPR Therapeutics AG) | RMNI (Rimini Street, Inc.) | |
|---|---|---|
| 1-year return | +10.9% | +27.6% |
| 5-year return | -50.8% | -42.9% |
| Volatility (ann.) | 58.5% | 59.7% |
| Beta vs S&P 500 | 2.10 | 1.19 |
| Max drawdown (3Y) | -64.9% | -53.5% |
| Market cap | $5.7B | $0.5B |
| P/E (trailing) | – | 76.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRSP | RMNI |
|---|---|---|
| 2022 | -46.4% | -36.2% |
| 2023 | +54.0% | -14.2% |
| 2024 | -37.1% | -18.3% |
| 2025 | +33.2% | +45.3% |
| 2026 | +13.2% | +38.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRSP and RMNI good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CRSP and RMNI?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.45 over the last year and 0.31 over 5 years.
Is RMNI a good diversifier for CRSP?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/crsp-vs-rmni.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crsp-vs-rmni/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRSP correlations · RMNI correlations
