RYM vs SLN: Correlation
RYTHM, Inc. (RYM) and Silence Therapeutics Plc - American Depository Share (SLN) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RYM and SLN?
Over the past 3 years, RYM and SLN moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.08 versus -0.28 over 3 years. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -4982.5 %².
Among the 14 assets we track against RYM, SLN sits near the bottom by co-movement, at rank #13. The last year tells two different stories: SLN led by 184.9 percentage points, -26.2% for RYM against +158.7% for SLN. Risk is not evenly split, since RYM carries 2.4 times the volatility of the other side.
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.
RYM vs SLN: side by side
| RYM (RYTHM, Inc.) | SLN (Silence Therapeutics Plc - American Depository Share) | |
|---|---|---|
| 1-year return | -26.2% | +158.7% |
| 5-year return | -100.0% | -42.5% |
| Volatility (ann.) | 208.3% | 86.0% |
| Beta vs S&P 500 | 2.05 | 1.27 |
| Max drawdown (3Y) | -94.4% | -91.7% |
| Market cap | – | $0.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RYM | SLN |
|---|---|---|
| 2022 | -99.6% | -36.2% |
| 2023 | -81.1% | +13.9% |
| 2024 | +53.9% | -60.4% |
| 2025 | -26.4% | -11.6% |
| 2026 | +5.5% | +121.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RYM and SLN good diversifiers for each other?
Yes. With a correlation of -0.28, RYM and SLN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RYM and SLN?
The RYM/SLN correlation stands at -0.28 on a 3-year window (1 year: 0.08, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is SLN a good diversifier for RYM?
Yes. With a correlation of -0.28, RYM and SLN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 mean?
A reading of -0.28 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/rym-vs-sln.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rym-vs-sln/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RYM correlations · SLN correlations
