RMR vs SRI: Correlation
How closely do The RMR Group Inc. (RMR) and Stoneridge, Inc. (SRI) trade together? Their weekly returns over three years give a correlation of 0.57, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RMR and SRI?
Across a 3-year window, the weekly returns of RMR and SRI correlate at 0.57, moderate. Little has changed lately, as the 1-year reading of 0.63 lands near the 3-year figure. Stretching to 5 years gives 0.53, with an annualized covariance of 924.4 %².
Among the 13 assets we track against RMR, SRI ranks #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RMR outperformed by 46.8 percentage points (+29.4% for RMR against -17.4% for SRI). Note the risk asymmetry: SRI runs 2.2 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.
RMR vs SRI: side by side
| RMR (The RMR Group Inc.) | SRI (Stoneridge, Inc.) | |
|---|---|---|
| 1-year return | +29.4% | -17.4% |
| 5-year return | -25.0% | -69.5% |
| Volatility (ann.) | 27.3% | 59.7% |
| Beta vs S&P 500 | 0.70 | 1.79 |
| Max drawdown (3Y) | -45.0% | -82.9% |
| Market cap | $0.3B | $0.2B |
| P/E (trailing) | 16.9 | – |
| Dividend yield | 9.23% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RMR | SRI |
|---|---|---|
| 2022 | -13.9% | +9.2% |
| 2023 | +6.5% | -9.2% |
| 2024 | -21.5% | -68.0% |
| 2025 | -19.4% | -7.7% |
| 2026 | +41.2% | +22.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RMR and SRI good diversifiers for each other?
Only partially. A correlation of 0.57 means RMR and SRI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between RMR and SRI?
The RMR/SRI correlation stands at 0.57 on a 3-year window (1 year: 0.63, 5 years: 0.53), computed from weekly returns as of 2026-08-27.
Is SRI a good diversifier for RMR?
Only partially. A correlation of 0.57 means RMR and SRI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.57 mean?
A reading of 0.57 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/rmr-vs-sri.json
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Related comparisons
Hubs: RMR correlations · SRI correlations
