NTIP vs RIME: Correlation
Measured on weekly returns over the past three years, Network-1 Technologies, Inc. (NTIP) and Algorhythm Holdings, Inc. (RIME) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NTIP and RIME?
On 3 years of weekly data the NTIP/RIME correlation comes out at 0.31, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.64 versus 0.31 over 3 years. The 5-year figure is 0.24, and annualized covariance runs at 1904.7 %².
In NTIP's tracked universe of 14 assets, RIME sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months NTIP outperformed by 99.1 percentage points (+12.5% for NTIP against -86.6% for RIME). One caveat on sizing: RIME is 6.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
NTIP vs RIME: side by side
| NTIP (Network-1 Technologies, Inc.) | RIME (Algorhythm Holdings, Inc.) | |
|---|---|---|
| 1-year return | +12.5% | -86.6% |
| 5-year return | -36.5% | -100.0% |
| Volatility (ann.) | 30.6% | 197.4% |
| Beta vs S&P 500 | -0.04 | -0.17 |
| Max drawdown (3Y) | -49.9% | -99.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 6.37% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NTIP | RIME |
|---|---|---|
| 2022 | -18.7% | -43.3% |
| 2023 | +3.5% | -77.1% |
| 2024 | -35.6% | -91.1% |
| 2025 | +5.4% | -94.4% |
| 2026 | +21.6% | -72.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NTIP and RIME good diversifiers for each other?
Reasonably. At 0.31, NTIP and RIME keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between NTIP and RIME?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.64 over the last year and 0.24 over 5 years.
Is RIME a good diversifier for NTIP?
Reasonably. At 0.31, NTIP and RIME keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.31 mean?
A reading of 0.31 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/ntip-vs-rime.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ntip-vs-rime/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: NTIP correlations · RIME correlations
