BSIN vs MXC: Correlation
Measured on weekly returns over the past three years, Big Sky Industrial Inc. (BSIN) 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 BSIN and MXC?
Across a 3-year window, the weekly returns of BSIN and MXC correlate at 0.58, moderate. The past 12 months show a weaker link (0.29) than the 3-year average (0.58). Stretching to 5 years gives 0.45, with an annualized covariance of 2738.4 %².
Few assets follow BSIN as closely as MXC, which ranks #2 of 13 tracked partners. On 12-month performance BSIN holds a 6.4-point edge, +28.0% against +21.6%.
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.
BSIN vs MXC: side by side
| BSIN (Big Sky Industrial Inc.) | MXC (Mexco Energy Corporation) | |
|---|---|---|
| 1-year return | +28.0% | +21.6% |
| 5-year return | -60.2% | +7.2% |
| Volatility (ann.) | 75.7% | 62.1% |
| Beta vs S&P 500 | 0.30 | -0.31 |
| Max drawdown (3Y) | -81.8% | -60.6% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 13.0 |
| Dividend yield | 0.00% | 1.02% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BSIN | MXC |
|---|---|---|
| 2022 | -28.2% | +33.0% |
| 2023 | -55.3% | -26.2% |
| 2024 | +63.0% | +24.6% |
| 2025 | -43.6% | -10.8% |
| 2026 | +64.1% | -0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BSIN and MXC good diversifiers for each other?
Only partially. A correlation of 0.58 means BSIN and MXC 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 BSIN and MXC?
Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.29 over the last year and 0.45 over 5 years.
Is MXC a good diversifier for BSIN?
Only partially. A correlation of 0.58 means BSIN and MXC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.58 mean?
A reading of 0.58 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/bsin-vs-mxc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bsin-vs-mxc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BSIN correlations · MXC correlations
