RIME vs TWFG: Correlation
How closely do Algorhythm Holdings, Inc. (RIME) and TWFG, Inc. (TWFG) trade together? Their weekly returns over three years give a correlation of -0.35, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RIME and TWFG?
Over the past 3 years, RIME and TWFG moved with a correlation of -0.35, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.57) runs below the 3-year figure (-0.35). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -3334.7 %².
TWFG is close to the least connected end of RIME's tracked universe, ranking #60 of 62. Correlation aside, the last 12 months split them widely, with TWFG ahead by 91.2 points (-86.6% versus +4.6%). Note the risk asymmetry: RIME runs 4.6 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 TWFG: side by side
| RIME (Algorhythm Holdings, Inc.) | TWFG (TWFG, Inc.) | |
|---|---|---|
| 1-year return | -86.6% | +4.6% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 197.4% | 43.1% |
| Beta vs S&P 500 | -0.17 | 0.36 |
| Max drawdown (3Y) | -99.9% | -52.7% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | 52.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RIME | TWFG |
|---|---|---|
| 2022 | -43.3% | – |
| 2023 | -77.1% | – |
| 2024 | -91.1% | – |
| 2025 | -94.4% | -6.6% |
| 2026 | -72.8% | +1.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RIME and TWFG good diversifiers for each other?
Yes. With a correlation of -0.35, RIME and TWFG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RIME and TWFG?
The RIME/TWFG correlation stands at -0.35 on a 3-year window (1 year: -0.57, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TWFG a good diversifier for RIME?
Yes. With a correlation of -0.35, RIME and TWFG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.35 mean?
On the −1 to +1 scale, -0.35 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/rime-vs-twfg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rime-vs-twfg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RIME correlations · TWFG correlations
