PHGE vs RIME: Correlation
BiomX Inc. (PHGE) and Algorhythm Holdings, Inc. (RIME) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PHGE and RIME?
On 3 years of weekly data the PHGE/RIME correlation comes out at 0.30, moderate. The link has tightened recently: the 1-year correlation (0.41) runs above the 3-year figure (0.30). The 5-year figure is 0.23, and annualized covariance runs at 8821.4 %².
RIME is one of the assets that tracks PHGE most closely: it ranks #3 out of the 21 assets we track against PHGE. The trailing year gives RIME the advantage: -98.7% versus -86.6%, a 12.1-point spread.
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.
PHGE vs RIME: side by side
| PHGE (BiomX Inc.) | RIME (Algorhythm Holdings, Inc.) | |
|---|---|---|
| 1-year return | -98.7% | -86.6% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 147.0% | 197.4% |
| Beta vs S&P 500 | 0.33 | -0.17 |
| Max drawdown (3Y) | -99.9% | -99.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PHGE | RIME |
|---|---|---|
| 2022 | -88.3% | -43.3% |
| 2023 | +49.7% | -77.1% |
| 2024 | -73.9% | -91.1% |
| 2025 | -86.5% | -94.4% |
| 2026 | -92.9% | -72.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PHGE and RIME good diversifiers for each other?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between PHGE and RIME?
The PHGE/RIME correlation stands at 0.30 on a 3-year window (1 year: 0.41, 5 years: 0.23), computed from weekly returns as of 2026-08-27.
Is RIME a good diversifier for PHGE?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
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/phge-vs-rime.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/phge-vs-rime/)
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Related comparisons
Hubs: PHGE correlations · RIME correlations
