HURN vs RIME: Correlation
Huron Consulting Group Inc. (HURN) and Algorhythm Holdings, Inc. (RIME) show a negative relationship: their 3-year correlation of weekly returns is -0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HURN and RIME?
Across a 3-year window, the weekly returns of HURN and RIME correlate at -0.31, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.46) than the 3-year average (-0.31). Stretching to 5 years gives -0.24, with an annualized covariance of -2593.6 %².
Out of 19 assets tracked against HURN, RIME lands near the bottom at #17. The last year tells two different stories: HURN led by 102.2 percentage points, +15.6% for HURN against -86.6% for RIME. Note the risk asymmetry: RIME runs 4.7 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.
HURN vs RIME: side by side
| HURN (Huron Consulting Group Inc.) | RIME (Algorhythm Holdings, Inc.) | |
|---|---|---|
| 1-year return | +15.6% | -86.6% |
| 5-year return | +229.3% | -100.0% |
| Volatility (ann.) | 42.3% | 197.4% |
| Beta vs S&P 500 | 0.53 | -0.17 |
| Max drawdown (3Y) | -51.4% | -99.9% |
| Market cap | $2.5B | – |
| P/E (trailing) | 23.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HURN | RIME |
|---|---|---|
| 2022 | +45.5% | -43.3% |
| 2023 | +41.6% | -77.1% |
| 2024 | +20.9% | -91.1% |
| 2025 | +39.2% | -94.4% |
| 2026 | -7.6% | -72.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HURN and RIME good diversifiers for each other?
Yes. With a correlation of -0.31, HURN and RIME have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between HURN and RIME?
As of 2026-08-27, the correlation of weekly returns between HURN and RIME is -0.31 over 3 years, -0.46 over 1 year and -0.24 over 5 years.
Is RIME a good diversifier for HURN?
Yes. With a correlation of -0.31, HURN and RIME have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.31 mean?
A reading of -0.31 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/hurn-vs-rime.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hurn-vs-rime/)
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Related comparisons
Hubs: HURN correlations · RIME correlations
