DCX vs HOUR: Correlation
How closely do Digital Currency X Technology Inc. - Class A (DCX) and Hour Loop, Inc. (HOUR) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DCX and HOUR?
Across a 3-year window, the weekly returns of DCX and HOUR correlate at -0.20, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.34) runs below the 3-year figure (-0.20). Stretching to 5 years gives -0.17, with an annualized covariance of -4182.6 %².
By 3-year correlation, HOUR places #11 of the 19 assets tracked against DCX. Their recent paths diverged sharply: over the last 12 months HOUR outperformed by 126.1 percentage points (-100.0% for DCX against +26.1% for HOUR).
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.
DCX vs HOUR: side by side
| DCX (Digital Currency X Technology Inc. - Class A) | HOUR (Hour Loop, Inc.) | |
|---|---|---|
| 1-year return | -100.0% | +26.1% |
| 5-year return | -100.0% | -76.6% |
| Volatility (ann.) | 165.4% | 126.8% |
| Beta vs S&P 500 | 2.11 | 1.23 |
| Max drawdown (3Y) | -100.0% | -74.1% |
| Market cap | $0.3B | $0.1B |
| P/E (trailing) | 0.0 | 46.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DCX | HOUR |
|---|---|---|
| 2023 | -93.3% | -47.0% |
| 2024 | -89.0% | +62.6% |
| 2025 | -99.8% | -20.0% |
| 2026 | -83.3% | +3.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DCX and HOUR good diversifiers for each other?
Yes. With a correlation of -0.20, DCX and HOUR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DCX and HOUR?
The DCX/HOUR correlation stands at -0.20 on a 3-year window (1 year: -0.34, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is HOUR a good diversifier for DCX?
Yes. With a correlation of -0.20, DCX and HOUR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dcx-vs-hour.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dcx-vs-hour/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DCX correlations · HOUR correlations
