CBRL vs MXC: Correlation
Measured on weekly returns over the past three years, Cracker Barrel Old Country Store, Inc. (CBRL) and Mexco Energy Corporation (MXC) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CBRL and MXC?
On 3 years of weekly data the CBRL/MXC correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.27) sits close to the 3-year figure. The 5-year figure is -0.09, and annualized covariance runs at -655.9 %².
MXC is close to the least connected end of CBRL's tracked universe, ranking #12 of 14. Their recent paths diverged sharply: over the last 12 months MXC outperformed by 30.9 percentage points (-9.3% for CBRL against +21.6% for MXC).
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.
CBRL vs MXC: side by side
| CBRL (Cracker Barrel Old Country Store, Inc.) | MXC (Mexco Energy Corporation) | |
|---|---|---|
| 1-year return | -9.3% | +21.6% |
| 5-year return | -52.2% | +7.2% |
| Volatility (ann.) | 55.0% | 62.1% |
| Beta vs S&P 500 | 0.96 | -0.31 |
| Max drawdown (3Y) | -68.0% | -60.6% |
| Market cap | $1.2B | – |
| P/E (trailing) | 51.0 | 13.0 |
| Dividend yield | 1.71% | 1.02% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CBRL | MXC |
|---|---|---|
| 2022 | -22.7% | +33.0% |
| 2023 | -14.0% | -26.2% |
| 2024 | -27.9% | +24.6% |
| 2025 | -50.9% | -10.8% |
| 2026 | +121.2% | -0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CBRL and MXC good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between CBRL and MXC?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.27 over the last year and -0.09 over 5 years.
Is MXC a good diversifier for CBRL?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/cbrl-vs-mxc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cbrl-vs-mxc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CBRL correlations · MXC correlations
