PRME vs RXRX: Correlation
How closely do Prime Medicine, Inc. (PRME) and Recursion Pharmaceuticals, Inc. (RXRX) trade together? Their weekly returns over three years give a correlation of 0.58, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRME and RXRX?
On 3 years of weekly data the PRME/RXRX correlation comes out at 0.58, moderate. The past 12 months show a tighter link (0.70) than the 3-year average (0.58). The 5-year figure is 0.46, and annualized covariance runs at 4680.6 %².
Among the 18 assets we track against PRME, RXRX ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PRME outperformed by 35.8 percentage points (+6.1% for PRME against -29.7% for RXRX).
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.
PRME vs RXRX: side by side
| PRME (Prime Medicine, Inc.) | RXRX (Recursion Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +6.1% | -29.7% |
| 5-year return | n/a | -86.0% |
| Volatility (ann.) | 98.7% | 82.2% |
| Beta vs S&P 500 | 2.97 | 3.07 |
| Max drawdown (3Y) | -91.4% | -81.7% |
| Market cap | $0.7B | $1.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRME | RXRX |
|---|---|---|
| 2022 | – | -55.0% |
| 2023 | -52.3% | +27.9% |
| 2024 | -67.0% | -31.4% |
| 2025 | +18.8% | -39.5% |
| 2026 | +4.9% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRME and RXRX good diversifiers for each other?
To a limited degree. At 0.58 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 PRME and RXRX?
As of 2026-08-27, the correlation of weekly returns between PRME and RXRX is 0.58 over 3 years, 0.70 over 1 year and 0.46 over 5 years.
Is RXRX a good diversifier for PRME?
To a limited degree. At 0.58 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 0.58 mean?
A reading of 0.58 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/prme-vs-rxrx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/prme-vs-rxrx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PRME correlations · RXRX correlations
