GSHD vs RIME: Correlation
Measured on weekly returns over the past three years, Goosehead Insurance, Inc. (GSHD) and Algorhythm Holdings, Inc. (RIME) carry a correlation of -0.33, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GSHD and RIME?
On 3 years of weekly data the GSHD/RIME correlation comes out at -0.33, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.39) sits close to the 3-year figure. The 5-year figure is -0.25, and annualized covariance runs at -3583.8 %².
RIME is close to the least connected end of GSHD's tracked universe, ranking #15 of 15. The last year tells two different stories: GSHD led by 68.1 percentage points, -18.5% for GSHD against -86.6% for RIME. Note the risk asymmetry: RIME runs 3.6 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.
GSHD vs RIME: side by side
| GSHD (Goosehead Insurance, Inc.) | RIME (Algorhythm Holdings, Inc.) | |
|---|---|---|
| 1-year return | -18.5% | -86.6% |
| 5-year return | -47.2% | -100.0% |
| Volatility (ann.) | 55.1% | 197.4% |
| Beta vs S&P 500 | 0.42 | -0.17 |
| Max drawdown (3Y) | -72.2% | -99.9% |
| Market cap | $2.5B | – |
| P/E (trailing) | 51.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GSHD | RIME |
|---|---|---|
| 2022 | -73.6% | -43.3% |
| 2023 | +120.7% | -77.1% |
| 2024 | +41.5% | -91.1% |
| 2025 | -27.4% | -94.4% |
| 2026 | -4.3% | -72.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GSHD and RIME good diversifiers for each other?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GSHD and RIME?
The GSHD/RIME correlation stands at -0.33 on a 3-year window (1 year: -0.39, 5 years: -0.25), computed from weekly returns as of 2026-08-27.
Is RIME a good diversifier for GSHD?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.33 mean?
A reading of -0.33 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/gshd-vs-rime.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gshd-vs-rime/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GSHD correlations · RIME correlations
