DGICB vs RIME: Correlation
Donegal Group, Inc. (DGICB) and Algorhythm Holdings, Inc. (RIME) show a negative relationship: their 3-year correlation of weekly returns is -0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DGICB and RIME?
Over the past 3 years, DGICB and RIME moved with a correlation of -0.30, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.32) sits close to the 3-year figure. Over 5 years the correlation is -0.19, and the annualized covariance of weekly returns is -2453.3 %².
RIME is close to the least connected end of DGICB's tracked universe, ranking #19 of 19. Correlation aside, the last 12 months split them widely, with DGICB ahead by 154.9 points (+68.3% versus -86.6%). Risk is not evenly split, since RIME carries 4.8 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.
DGICB vs RIME: side by side
| DGICB (Donegal Group, Inc.) | RIME (Algorhythm Holdings, Inc.) | |
|---|---|---|
| 1-year return | +68.3% | -86.6% |
| 5-year return | +82.3% | -100.0% |
| Volatility (ann.) | 41.5% | 197.4% |
| Beta vs S&P 500 | 0.15 | -0.17 |
| Max drawdown (3Y) | -30.3% | -99.9% |
| Market cap | $0.9B | – |
| P/E (trailing) | 12.1 | – |
| Dividend yield | 3.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DGICB | RIME |
|---|---|---|
| 2022 | +25.8% | -43.3% |
| 2023 | -6.8% | -77.1% |
| 2024 | +1.6% | -91.1% |
| 2025 | +30.8% | -94.4% |
| 2026 | +34.6% | -72.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DGICB and RIME good diversifiers for each other?
Yes. With a correlation of -0.30, DGICB and RIME have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DGICB and RIME?
As of 2026-08-27, the correlation of weekly returns between DGICB and RIME is -0.30 over 3 years, -0.32 over 1 year and -0.19 over 5 years.
Is RIME a good diversifier for DGICB?
Yes. With a correlation of -0.30, DGICB and RIME have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.30 mean?
A reading of -0.30 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/dgicb-vs-rime.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dgicb-vs-rime/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DGICB correlations · RIME correlations
