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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

Correlation (3Y)
-0.21
negative
Correlation (1Y)
-0.13
last 12 months
Correlation (5Y)
-0.10
long-run
Ann. covariance
-2804.9
%² · weekly, annualized

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 5003.08-0.31
Max drawdown (3Y)-99.5%-60.6%
Market cap$0.1B
P/E (trailing)13.0
Dividend yield0.00%1.02%
Sector / categoryUS ListedUS Listed
Higher yield: MXC 1.02% vs 0.00%Smaller drawdown: MXC -60.6% vs -99.5%Higher 5y return: MXC +7.2% vs -99.1%
-59%0%+144%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. HYPD · MXC

Year-by-year returns

YearHYPDMXC
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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/hypd-vs-mxc.json

HYPD vs MXC: 3-year weekly correlation -0.21HYPD vs MXC-0.21

Drop this badge in a README or notebook; it updates with the data:

[![HYPD vs MXC correlation](https://www.pairbook.io/api/v1/badge/hypd-vs-mxc.svg)](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