FORR vs RIME: Correlation
How closely do Forrester Research, Inc. (FORR) and Algorhythm Holdings, Inc. (RIME) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FORR and RIME?
Over the past 3 years, FORR and RIME moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.39) runs below the 3-year figure (-0.25). Over 5 years the correlation is -0.21, and the annualized covariance of weekly returns is -2428.2 %².
RIME is close to the least connected end of FORR's tracked universe, ranking #11 of 13. Correlation aside, the last 12 months split them widely, with FORR ahead by 112.3 points (+25.7% versus -86.6%). One caveat on sizing: RIME is 3.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
FORR vs RIME: side by side
| FORR (Forrester Research, Inc.) | RIME (Algorhythm Holdings, Inc.) | |
|---|---|---|
| 1-year return | +25.7% | -86.6% |
| 5-year return | -74.7% | -100.0% |
| Volatility (ann.) | 50.1% | 197.4% |
| Beta vs S&P 500 | 0.82 | -0.17 |
| Max drawdown (3Y) | -83.9% | -99.9% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FORR | RIME |
|---|---|---|
| 2022 | -39.1% | -43.3% |
| 2023 | -25.0% | -77.1% |
| 2024 | -41.6% | -91.1% |
| 2025 | -48.2% | -94.4% |
| 2026 | +50.4% | -72.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FORR and RIME good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FORR and RIME?
As of 2026-08-27, the correlation of weekly returns between FORR and RIME is -0.25 over 3 years, -0.39 over 1 year and -0.21 over 5 years.
Is RIME a good diversifier for FORR?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
A reading of -0.25 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/forr-vs-rime.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/forr-vs-rime/)
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Related comparisons
Hubs: FORR correlations · RIME correlations
