CTSH vs RIME: Correlation
Measured on weekly returns over the past three years, Cognizant (CTSH) and Algorhythm Holdings, Inc. (RIME) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTSH and RIME?
Across a 3-year window, the weekly returns of CTSH and RIME correlate at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.28) sits close to the 3-year figure. Stretching to 5 years gives -0.19, with an annualized covariance of -1382.7 %².
Out of 44 assets tracked against CTSH, RIME lands near the bottom at #40. Correlation aside, the last 12 months split them widely, with CTSH ahead by 76.8 points (-9.8% versus -86.6%). Note the risk asymmetry: RIME runs 6.1 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.
CTSH vs RIME: side by side
| CTSH (Cognizant) | RIME (Algorhythm Holdings, Inc.) | |
|---|---|---|
| 1-year return | -9.8% | -86.6% |
| 5-year return | -9.6% | -100.0% |
| Volatility (ann.) | 32.3% | 197.4% |
| Beta vs S&P 500 | 0.89 | -0.17 |
| Max drawdown (3Y) | -56.1% | -99.9% |
| Market cap | $28.7B | – |
| P/E (trailing) | 13.3 | – |
| Dividend yield | 2.09% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | CTSH | RIME |
|---|---|---|
| 2022 | -34.5% | -43.3% |
| 2023 | +34.4% | -77.1% |
| 2024 | +3.5% | -91.1% |
| 2025 | +9.7% | -94.4% |
| 2026 | -21.8% | -72.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTSH and RIME good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between CTSH and RIME?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.28 over the last year and -0.19 over 5 years.
Is RIME a good diversifier for CTSH?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 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/ctsh-vs-rime.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ctsh-vs-rime/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CTSH correlations · RIME correlations
