HYPD vs MXC: Correlation
Measured on weekly returns over the past three years, Hyperion DeFi, Inc. (HYPD) and Mexco Energy Corporation (MXC) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HYPD and MXC?
On 3 years of weekly data the HYPD/MXC correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.13) sits close to the 3-year figure. The 5-year figure is -0.10, and annualized covariance runs at -2804.9 %².
Out of 14 assets tracked against HYPD, MXC lands near the bottom at #13. Correlation aside, the last 12 months split them widely, with MXC ahead by 69.1 points (-47.5% versus +21.6%). Note the risk asymmetry: HYPD runs 3.5 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.
HYPD vs MXC: side by side
| HYPD (Hyperion DeFi, Inc.) | MXC (Mexco Energy Corporation) | |
|---|---|---|
| 1-year return | -47.5% | +21.6% |
| 5-year return | -99.1% | +7.2% |
| Volatility (ann.) | 215.9% | 62.1% |
| Beta vs S&P 500 | 3.08 | -0.31 |
| Max drawdown (3Y) | -99.5% | -60.6% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 13.0 |
| Dividend yield | 0.00% | 1.02% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HYPD | MXC |
|---|---|---|
| 2022 | -59.3% | +33.0% |
| 2023 | +27.6% | -26.2% |
| 2024 | -93.0% | +24.6% |
| 2025 | -69.5% | -10.8% |
| 2026 | +1.7% | -0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HYPD and MXC good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between HYPD and MXC?
As of 2026-08-27, the correlation of weekly returns between HYPD and MXC is -0.21 over 3 years, -0.13 over 1 year and -0.10 over 5 years.
Is MXC a good diversifier for HYPD?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/hypd-vs-mxc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hypd-vs-mxc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HYPD correlations · MXC correlations