NEXR vs RYM: Correlation
Measured on weekly returns over the past three years, Nexera Technologies Ltd (NEXR) and RYTHM, Inc. (RYM) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NEXR and RYM?
Over the past 3 years, NEXR and RYM moved with a correlation of 0.61, which is strong. The past 12 months show a weaker link (0.11) than the 3-year average (0.61). Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 83291.1 %².
Among the 22 assets we track against NEXR, RYM ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RYM ahead by 73.5 points (-99.7% versus -26.2%). Risk is not evenly split, since NEXR carries 3.2 times the volatility of the other side.
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.
NEXR vs RYM: side by side
| NEXR (Nexera Technologies Ltd) | RYM (RYTHM, Inc.) | |
|---|---|---|
| 1-year return | -99.7% | -26.2% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 656.6% | 208.3% |
| Beta vs S&P 500 | 3.62 | 2.05 |
| Max drawdown (3Y) | -100.0% | -94.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NEXR | RYM |
|---|---|---|
| 2022 | – | -99.6% |
| 2023 | -62.4% | -81.1% |
| 2024 | -15.7% | +53.9% |
| 2025 | -98.1% | -26.4% |
| 2026 | -98.3% | +5.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NEXR and RYM good diversifiers for each other?
To a limited degree. At 0.61 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between NEXR and RYM?
As of 2026-08-27, the correlation of weekly returns between NEXR and RYM is 0.61 over 3 years, 0.11 over 1 year and 0.48 over 5 years.
Is RYM a good diversifier for NEXR?
To a limited degree. At 0.61 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.61 mean?
A reading of 0.61 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/nexr-vs-rym.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nexr-vs-rym/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NEXR correlations · RYM correlations
