RBKB vs RIME: Correlation
How closely do Rhinebeck Bancorp, Inc. (RBKB) and Algorhythm Holdings, Inc. (RIME) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RBKB and RIME?
On 3 years of weekly data the RBKB/RIME correlation comes out at 0.32, moderate. The past 12 months show a tighter link (0.62) than the 3-year average (0.32). The 5-year figure is 0.25, and annualized covariance runs at 1876.4 %².
By 3-year correlation, RIME places #5 of the 13 assets tracked against RBKB. Correlation aside, the last 12 months split them widely, with RBKB ahead by 118.1 points (+31.5% versus -86.6%). One caveat on sizing: RIME is 6.7 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.
RBKB vs RIME: side by side
| RBKB (Rhinebeck Bancorp, Inc.) | RIME (Algorhythm Holdings, Inc.) | |
|---|---|---|
| 1-year return | +31.5% | -86.6% |
| 5-year return | +64.9% | -100.0% |
| Volatility (ann.) | 29.5% | 197.4% |
| Beta vs S&P 500 | 0.08 | -0.17 |
| Max drawdown (3Y) | -30.0% | -99.9% |
| Market cap | $0.2B | – |
| P/E (trailing) | 14.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RBKB | RIME |
|---|---|---|
| 2022 | -14.5% | -43.3% |
| 2023 | -11.6% | -77.1% |
| 2024 | +20.1% | -91.1% |
| 2025 | +24.3% | -94.4% |
| 2026 | +46.8% | -72.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RBKB and RIME good diversifiers for each other?
Reasonably. At 0.32, RBKB and RIME keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between RBKB and RIME?
As of 2026-08-27, the correlation of weekly returns between RBKB and RIME is 0.32 over 3 years, 0.62 over 1 year and 0.25 over 5 years.
Is RIME a good diversifier for RBKB?
Reasonably. At 0.32, RBKB and RIME keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.32 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
$ curl https://www.pairbook.io/api/v1/pairs/rbkb-vs-rime.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rbkb-vs-rime/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RBKB correlations · RIME correlations
