AGIG vs MXC: Correlation
Measured on weekly returns over the past three years, Abundia Global Impact Group Inc. (AGIG) and Mexco Energy Corporation (MXC) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGIG and MXC?
On 3 years of weekly data the AGIG/MXC correlation comes out at 0.58, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.28 versus 0.58 over 3 years. The 5-year figure is 0.30, and annualized covariance runs at 5691.5 %².
MXC is one of the assets that tracks AGIG most closely: it ranks #3 out of the 34 assets we track against AGIG. Correlation aside, the last 12 months split them widely, with MXC ahead by 110.3 points (-88.7% versus +21.6%). Risk is not evenly split, since AGIG carries 2.5 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.
AGIG vs MXC: side by side
| AGIG (Abundia Global Impact Group Inc.) | MXC (Mexco Energy Corporation) | |
|---|---|---|
| 1-year return | -88.7% | +21.6% |
| 5-year return | -94.6% | +7.2% |
| Volatility (ann.) | 157.1% | 62.1% |
| Beta vs S&P 500 | -0.21 | -0.31 |
| Max drawdown (3Y) | -96.7% | -60.6% |
| Market cap | – | – |
| P/E (trailing) | – | 13.0 |
| Dividend yield | 0.00% | 1.02% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGIG | MXC |
|---|---|---|
| 2022 | +140.6% | +33.0% |
| 2023 | -48.0% | -26.2% |
| 2024 | -27.9% | +24.6% |
| 2025 | -84.7% | -10.8% |
| 2026 | -51.0% | -0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGIG and MXC good diversifiers for each other?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AGIG and MXC?
The AGIG/MXC correlation stands at 0.58 on a 3-year window (1 year: -0.28, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is MXC a good diversifier for AGIG?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.58 mean?
On the −1 to +1 scale, 0.58 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/agig-vs-mxc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agig-vs-mxc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AGIG correlations · MXC correlations
