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MCRB vs RIME: Correlation

Seres Therapeutics, Inc. (MCRB) and Algorhythm Holdings, Inc. (RIME) show a negative relationship: their 3-year correlation of weekly returns is -0.17.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.17
negative
Correlation (1Y)
-0.50
last 12 months
Correlation (5Y)
-0.13
long-run
Ann. covariance
-3500.5
%² · weekly, annualized

How correlated are MCRB and RIME?

Across a 3-year window, the weekly returns of MCRB and RIME correlate at -0.17, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.50) runs below the 3-year figure (-0.17). Stretching to 5 years gives -0.13, with an annualized covariance of -3500.5 %².

Among the 11 assets we track against MCRB, RIME sits near the bottom by co-movement, at rank #9. Over the last 12 months MCRB came out ahead by 12.8 percentage points (-73.8% against -86.6%). 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.

MCRB vs RIME: side by side

MCRB (Seres Therapeutics, Inc.)RIME (Algorhythm Holdings, Inc.)
1-year return-73.8%-86.6%
5-year return-96.0%-100.0%
Volatility (ann.)103.2%197.4%
Beta vs S&P 5001.38-0.17
Max drawdown (3Y)-94.0%-99.9%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: MCRB -94.0% vs -99.9%Higher 5y return: MCRB -96.0% vs -100.0%
-86%0%+75%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. MCRB · RIME

Year-by-year returns

YearMCRBRIME
2022-32.8%-43.3%
2023-75.0%-77.1%
2024-40.6%-91.1%
2025-10.5%-94.4%
2026-66.7%-72.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are MCRB and RIME good diversifiers for each other?

By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.

FAQ

What is the correlation between MCRB and RIME?

The MCRB/RIME correlation stands at -0.17 on a 3-year window (1 year: -0.50, 5 years: -0.13), computed from weekly returns as of 2026-08-27.

Is RIME a good diversifier for MCRB?

By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.

What does a correlation of -0.17 mean?

A reading of -0.17 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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MCRB vs RIME: 3-year weekly correlation -0.17MCRB vs RIME-0.17

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Hubs: MCRB correlations · RIME correlations