RIME vs TYL: Correlation
How closely do Algorhythm Holdings, Inc. (RIME) and Tyler Technologies (TYL) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RIME and TYL?
On 3 years of weekly data the RIME/TYL correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.38) than the 3-year average (-0.22). The 5-year figure is -0.19, and annualized covariance runs at -1279.1 %².
By 3-year correlation, TYL places #25 of the 62 assets tracked against RIME. The last year tells two different stories: TYL led by 52.6 percentage points, -86.6% for RIME against -34.0% for TYL. 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.
RIME vs TYL: side by side
| RIME (Algorhythm Holdings, Inc.) | TYL (Tyler Technologies) | |
|---|---|---|
| 1-year return | -86.6% | -34.0% |
| 5-year return | -100.0% | -22.5% |
| Volatility (ann.) | 197.4% | 29.6% |
| Beta vs S&P 500 | -0.17 | 0.61 |
| Max drawdown (3Y) | -99.9% | -57.4% |
| Market cap | – | $15.1B |
| P/E (trailing) | – | 46.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | RIME | TYL |
|---|---|---|
| 2022 | -43.3% | -40.1% |
| 2023 | -77.1% | +29.7% |
| 2024 | -91.1% | +37.9% |
| 2025 | -94.4% | -21.3% |
| 2026 | -72.8% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RIME and TYL good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between RIME and TYL?
As of 2026-08-27, the correlation of weekly returns between RIME and TYL is -0.22 over 3 years, -0.38 over 1 year and -0.19 over 5 years.
Is TYL a good diversifier for RIME?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 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-tyl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rime-vs-tyl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RIME correlations · TYL correlations
