RGS vs SSM: Correlation
How closely do Regis Corporation (RGS) and Sono Group N.V. (SSM) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RGS and SSM?
On 3 years of weekly data the RGS/SSM correlation comes out at 0.44, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.12 versus 0.44 over 3 years. The 5-year figure is 0.41, and annualized covariance runs at 120050.3 %².
In RGS's tracked universe of 14 assets, SSM sits right near the top at #3. Correlation aside, the last 12 months split them widely, with RGS ahead by 70.2 points (+19.7% versus -50.5%). Note the risk asymmetry: SSM runs 5.3 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.
RGS vs SSM: side by side
| RGS (Regis Corporation) | SSM (Sono Group N.V.) | |
|---|---|---|
| 1-year return | +19.7% | -50.5% |
| 5-year return | -75.3% | -99.9% |
| Volatility (ann.) | 226.7% | 1204.8% |
| Beta vs S&P 500 | 0.65 | 0.56 |
| Max drawdown (3Y) | -81.1% | -99.4% |
| Market cap | – | – |
| P/E (trailing) | 0.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RGS | SSM |
|---|---|---|
| 2022 | -29.9% | -89.8% |
| 2023 | -61.3% | -93.9% |
| 2024 | +151.0% | -16.7% |
| 2025 | +17.0% | +86.7% |
| 2026 | -2.7% | -61.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RGS and SSM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between RGS and SSM?
The RGS/SSM correlation stands at 0.44 on a 3-year window (1 year: 0.12, 5 years: 0.41), computed from weekly returns as of 2026-08-27.
Is SSM a good diversifier for RGS?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rgs-vs-ssm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rgs-vs-ssm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RGS correlations · SSM correlations
