RIME vs SPGI: Correlation
How closely do Algorhythm Holdings, Inc. (RIME) and S&P Global (SPGI) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RIME and SPGI?
Across a 3-year window, the weekly returns of RIME and SPGI correlate at -0.17, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.24) sits close to the 3-year figure. Stretching to 5 years gives -0.14, with an annualized covariance of -808.7 %².
Among the 62 assets we track against RIME, SPGI ranks #17 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SPGI ahead by 71.0 points (-86.6% versus -15.6%). Note the risk asymmetry: RIME runs 8.0 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.
RIME vs SPGI: side by side
| RIME (Algorhythm Holdings, Inc.) | SPGI (S&P Global) | |
|---|---|---|
| 1-year return | -86.6% | -15.6% |
| 5-year return | -100.0% | +8.1% |
| Volatility (ann.) | 197.4% | 24.7% |
| Beta vs S&P 500 | -0.17 | 0.86 |
| Max drawdown (3Y) | -99.9% | -30.5% |
| Market cap | – | $128.4B |
| P/E (trailing) | – | 26.6 |
| Dividend yield | 0.00% | 0.88% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | RIME | SPGI |
|---|---|---|
| 2022 | -43.3% | -28.4% |
| 2023 | -77.1% | +32.8% |
| 2024 | -91.1% | +13.9% |
| 2025 | -94.4% | +5.7% |
| 2026 | -72.8% | -11.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RIME and SPGI good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between RIME and SPGI?
The RIME/SPGI correlation stands at -0.17 on a 3-year window (1 year: -0.24, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is SPGI a good diversifier for RIME?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 mean?
A reading of -0.17 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/rime-vs-spgi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rime-vs-spgi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RIME correlations · SPGI correlations
