RNTX vs SITE: Correlation
Measured on weekly returns over the past three years, Rein Therapeutics, Inc. (RNTX) and SiteOne Landscape Supply, Inc. (SITE) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RNTX and SITE?
Over the past 3 years, RNTX and SITE moved with a correlation of 0.37, which is moderate. Little has changed lately, as the 1-year reading of 0.32 lands near the 3-year figure. Over 5 years the correlation is 0.21, and the annualized covariance of weekly returns is 1353.9 %².
In RNTX's tracked universe of 11 assets, SITE sits right near the top at #3. Over the last 12 months RNTX came out ahead by 5.4 percentage points (-28.8% against -34.2%). One caveat on sizing: RNTX is 2.7 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.
RNTX vs SITE: side by side
| RNTX (Rein Therapeutics, Inc.) | SITE (SiteOne Landscape Supply, Inc.) | |
|---|---|---|
| 1-year return | -28.8% | -34.2% |
| 5-year return | -96.4% | -52.8% |
| Volatility (ann.) | 98.8% | 37.2% |
| Beta vs S&P 500 | 1.78 | 1.06 |
| Max drawdown (3Y) | -89.7% | -49.5% |
| Market cap | $0.1B | $4.2B |
| P/E (trailing) | – | 26.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RNTX | SITE |
|---|---|---|
| 2022 | -79.0% | -51.6% |
| 2023 | +28.6% | +38.5% |
| 2024 | -24.6% | -18.9% |
| 2025 | -49.6% | -5.5% |
| 2026 | -32.5% | -23.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RNTX and SITE good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between RNTX and SITE?
As of 2026-08-27, the correlation of weekly returns between RNTX and SITE is 0.37 over 3 years, 0.32 over 1 year and 0.21 over 5 years.
Is SITE a good diversifier for RNTX?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
A reading of 0.37 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/rntx-vs-site.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rntx-vs-site/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RNTX correlations · SITE correlations
