PairBook
HomeNMRK › NMRK vs RSI

NMRK vs RSI: Correlation

Newmark Group, Inc. (NMRK) and Rush Street Interactive, Inc. (RSI) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.

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

Correlation (3Y)
0.38
moderate
Correlation (1Y)
0.41
last 12 months
Correlation (5Y)
0.42
long-run
Ann. covariance
968.7
%² · weekly, annualized

How correlated are NMRK and RSI?

On 3 years of weekly data the NMRK/RSI correlation comes out at 0.38, moderate. Recent behaviour matches the longer record: 0.41 over 1 year against 0.38 over 3. The 5-year figure is 0.42, and annualized covariance runs at 968.7 %².

Out of 19 assets tracked against NMRK, RSI lands near the bottom at #16. The last year tells two different stories: RSI led by 34.0 percentage points, -13.8% for NMRK against +20.2% for RSI.

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.

NMRK vs RSI: side by side

NMRK (Newmark Group, Inc.)RSI (Rush Street Interactive, Inc.)
1-year return-13.8%+20.2%
5-year return+23.3%+79.9%
Volatility (ann.)43.4%58.1%
Beta vs S&P 5001.491.00
Max drawdown (3Y)-36.6%-42.0%
Market cap$3.8B$6.4B
P/E (trailing)19.784.5
Dividend yield0.95%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: NMRK 19.7 vs 84.5Higher yield: NMRK 0.95% vs 0.00%Smaller drawdown: NMRK -36.6% vs -42.0%Higher 5y return: RSI +79.9% vs +23.3%
-24%0%+58%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. NMRK · RSI

Year-by-year returns

YearNMRKRSI
2022-57.0%-78.2%
2023+39.9%+25.1%
2024+18.1%+205.6%
2025+36.5%+41.6%
2026-9.5%+34.8%

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

Are NMRK and RSI good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between NMRK and RSI?

Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.41 over the last year and 0.42 over 5 years.

Is RSI a good diversifier for NMRK?

Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.38 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/nmrk-vs-rsi.json

NMRK vs RSI: 3-year weekly correlation 0.38NMRK vs RSI0.38

Embed this badge (it refreshes with the data), with attribution:

[![NMRK vs RSI correlation](https://www.pairbook.io/api/v1/badge/nmrk-vs-rsi.svg)](https://www.pairbook.io/pair/nmrk-vs-rsi/)

Free with attribution; caching and terms are described in the API documentation.

Related comparisons

Hubs: NMRK correlations · RSI correlations