FSLY vs RIME: Correlation
Fastly, Inc. (FSLY) and Algorhythm Holdings, Inc. (RIME) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FSLY and RIME?
Over the past 3 years, FSLY and RIME moved with a correlation of 0.49, which is moderate. The link has tightened recently: the 1-year correlation (0.78) runs above the 3-year figure (0.49). Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 9811.5 %².
By 3-year correlation, RIME places #5 of the 11 assets tracked against FSLY. The last year tells two different stories: FSLY led by 315.6 percentage points, +229.0% for FSLY against -86.6% for RIME. Note the risk asymmetry: RIME runs 1.9 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.
FSLY vs RIME: side by side
| FSLY (Fastly, Inc.) | RIME (Algorhythm Holdings, Inc.) | |
|---|---|---|
| 1-year return | +229.0% | -86.6% |
| 5-year return | -43.5% | -100.0% |
| Volatility (ann.) | 101.8% | 197.4% |
| Beta vs S&P 500 | 1.26 | -0.17 |
| Max drawdown (3Y) | -80.0% | -99.9% |
| Market cap | $3.9B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FSLY | RIME |
|---|---|---|
| 2022 | -76.9% | -43.3% |
| 2023 | +117.3% | -77.1% |
| 2024 | -47.0% | -91.1% |
| 2025 | +7.8% | -94.4% |
| 2026 | +142.0% | -72.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FSLY and RIME good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FSLY and RIME?
The FSLY/RIME correlation stands at 0.49 on a 3-year window (1 year: 0.78, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is RIME a good diversifier for FSLY?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fsly-vs-rime.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fsly-vs-rime/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FSLY correlations · RIME correlations
