DCX vs HSDT: Correlation
Measured on weekly returns over the past three years, Digital Currency X Technology Inc. - Class A (DCX) and Solana Company (HSDT) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DCX and HSDT?
Over the past 3 years, DCX and HSDT moved with a correlation of 0.35, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.62 versus 0.35 over 3 years. Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 10219.4 %².
By 3-year correlation, HSDT places #4 of the 19 assets tracked against DCX. The last year tells two different stories: HSDT led by 39.3 percentage points, -100.0% for DCX against -60.7% for HSDT.
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 HSDT: side by side
| DCX (Digital Currency X Technology Inc. - Class A) | HSDT (Solana Company) | |
|---|---|---|
| 1-year return | -100.0% | -60.7% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 165.4% | 177.7% |
| Beta vs S&P 500 | 2.11 | 0.34 |
| Max drawdown (3Y) | -100.0% | -100.0% |
| Market cap | $0.3B | $0.1B |
| P/E (trailing) | 0.0 | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DCX | HSDT |
|---|---|---|
| 2022 | – | -94.1% |
| 2023 | -93.3% | -47.6% |
| 2024 | -89.0% | -91.7% |
| 2025 | -99.8% | -99.4% |
| 2026 | -83.3% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DCX and HSDT good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DCX and HSDT?
The DCX/HSDT correlation stands at 0.35 on a 3-year window (1 year: 0.62, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is HSDT a good diversifier for DCX?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 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-hsdt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dcx-vs-hsdt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DCX correlations · HSDT correlations
