IPM vs RUM: Correlation
How closely do Intelligent Protection Management Corp. (IPM) and RUM Group Inc. (RUM) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IPM and RUM?
On 3 years of weekly data the IPM/RUM correlation comes out at 0.32, moderate. Little has changed lately, as the 1-year reading of 0.24 lands near the 3-year figure. The 5-year figure is 0.20, and annualized covariance runs at 2184.8 %².
Among the 10 assets we track against IPM, RUM ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RUM ahead by 30.5 points (-5.6% versus +24.9%).
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.
IPM vs RUM: side by side
| IPM (Intelligent Protection Management Corp.) | RUM (RUM Group Inc.) | |
|---|---|---|
| 1-year return | -5.6% | +24.9% |
| 5-year return | -49.5% | -2.7% |
| Volatility (ann.) | 67.6% | 100.2% |
| Beta vs S&P 500 | 0.96 | 2.14 |
| Max drawdown (3Y) | -72.7% | -71.3% |
| Market cap | – | $4.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IPM | RUM |
|---|---|---|
| 2022 | -53.5% | -45.1% |
| 2023 | +77.3% | -24.5% |
| 2024 | -15.0% | +189.8% |
| 2025 | -13.6% | -51.4% |
| 2026 | +8.1% | +49.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IPM and RUM good diversifiers for each other?
Reasonably. At 0.32, IPM and RUM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IPM and RUM?
The IPM/RUM correlation stands at 0.32 on a 3-year window (1 year: 0.24, 5 years: 0.20), computed from weekly returns as of 2026-08-27.
Is RUM a good diversifier for IPM?
Reasonably. At 0.32, IPM and RUM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.32 mean?
A reading of 0.32 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/ipm-vs-rum.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ipm-vs-rum/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IPM correlations · RUM correlations
