EEIQ vs MGRX: Correlation
EpicQuest Education Group International Limited (EEIQ) and Mangoceuticals, Inc. (MGRX) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EEIQ and MGRX?
Across a 3-year window, the weekly returns of EEIQ and MGRX correlate at 0.54, moderate. The link has tightened recently: the 1-year correlation (0.81) runs above the 3-year figure (0.54). Stretching to 5 years gives n/a, with an annualized covariance of 18738.4 %².
Few assets follow EEIQ as closely as MGRX, which ranks #2 of 16 tracked partners. The trailing year gives EEIQ the advantage: -68.3% versus -79.6%, a 11.3-point spread.
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.
EEIQ vs MGRX: side by side
| EEIQ (EpicQuest Education Group International Limited) | MGRX (Mangoceuticals, Inc.) | |
|---|---|---|
| 1-year return | -68.3% | -79.6% |
| 5-year return | -95.4% | n/a |
| Volatility (ann.) | 193.1% | 178.7% |
| Beta vs S&P 500 | -0.48 | -1.27 |
| Max drawdown (3Y) | -94.3% | -99.1% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EEIQ | MGRX |
|---|---|---|
| 2022 | -33.0% | – |
| 2023 | -11.8% | – |
| 2024 | -46.7% | -41.8% |
| 2025 | -78.7% | -69.4% |
| 2026 | -25.1% | -45.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EEIQ and MGRX good diversifiers for each other?
To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between EEIQ and MGRX?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.81 over the last year and n/a over 5 years.
Is MGRX a good diversifier for EEIQ?
To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.54 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/eeiq-vs-mgrx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/eeiq-vs-mgrx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EEIQ correlations · MGRX correlations
