NRC vs RIME: Correlation
How closely do NRC Health (NRC) and Algorhythm Holdings, Inc. (RIME) trade together? Their weekly returns over three years give a correlation of -0.30, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NRC and RIME?
On 3 years of weekly data the NRC/RIME correlation comes out at -0.30, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.54 versus -0.30 over 3 years. The 5-year figure is -0.24, and annualized covariance runs at -2909.9 %².
RIME is close to the least connected end of NRC's tracked universe, ranking #10 of 10. The last year tells two different stories: NRC led by 133.7 percentage points, +47.1% for NRC against -86.6% for RIME. Note the risk asymmetry: RIME runs 4.1 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.
NRC vs RIME: side by side
| NRC (NRC Health) | RIME (Algorhythm Holdings, Inc.) | |
|---|---|---|
| 1-year return | +47.1% | -86.6% |
| 5-year return | -53.4% | -100.0% |
| Volatility (ann.) | 48.5% | 197.4% |
| Beta vs S&P 500 | 0.51 | -0.17 |
| Max drawdown (3Y) | -77.6% | -99.9% |
| Market cap | $0.5B | – |
| P/E (trailing) | 91.7 | – |
| Dividend yield | 2.73% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NRC | RIME |
|---|---|---|
| 2022 | -8.2% | -43.3% |
| 2023 | +9.6% | -77.1% |
| 2024 | -54.5% | -91.1% |
| 2025 | +10.0% | -94.4% |
| 2026 | +19.3% | -72.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NRC and RIME good diversifiers for each other?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between NRC and RIME?
As of 2026-08-27, the correlation of weekly returns between NRC and RIME is -0.30 over 3 years, -0.54 over 1 year and -0.24 over 5 years.
Is RIME a good diversifier for NRC?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.30 mean?
A reading of -0.30 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/nrc-vs-rime.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nrc-vs-rime/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: NRC correlations · RIME correlations
