DCX vs MBAI: Correlation
Measured on weekly returns over the past three years, Digital Currency X Technology Inc. - Class A (DCX) and Check-Cap Ltd. (MBAI) 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 MBAI?
Over the past 3 years, DCX and MBAI moved with a correlation of 0.35, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.46 versus 0.35 over 3 years. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 27260.4 %².
By 3-year correlation, MBAI places #5 of the 19 assets tracked against DCX. Their recent paths diverged sharply: over the last 12 months MBAI outperformed by 1010.8 percentage points (-100.0% for DCX against +910.8% for MBAI). Note the risk asymmetry: MBAI runs 2.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 MBAI: side by side
| DCX (Digital Currency X Technology Inc. - Class A) | MBAI (Check-Cap Ltd.) | |
|---|---|---|
| 1-year return | -100.0% | +910.8% |
| 5-year return | -100.0% | -69.3% |
| Volatility (ann.) | 165.4% | 474.4% |
| Beta vs S&P 500 | 2.11 | 1.76 |
| Max drawdown (3Y) | -100.0% | -87.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | 0.0 | 1.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DCX | MBAI |
|---|---|---|
| 2022 | – | -83.7% |
| 2023 | -93.3% | -5.5% |
| 2024 | -89.0% | -52.4% |
| 2025 | -99.8% | +63.6% |
| 2026 | -83.3% | +305.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DCX and MBAI good diversifiers for each other?
Reasonably. At 0.35, DCX and MBAI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DCX and MBAI?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.46 over the last year and 0.31 over 5 years.
Is MBAI a good diversifier for DCX?
Reasonably. At 0.35, DCX and MBAI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 mean?
A reading of 0.35 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/dcx-vs-mbai.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dcx-vs-mbai/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DCX correlations · MBAI correlations
