JZXN vs MXC: Correlation
Jiuzi Holdings, Inc. (JZXN) and Mexco Energy Corporation (MXC) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JZXN and MXC?
Over the past 3 years, JZXN and MXC moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.11) runs above the 3-year figure (-0.21). Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -2202.6 %².
MXC is close to the least connected end of JZXN's tracked universe, ranking #8 of 10. The last year tells two different stories: MXC led by 118.2 percentage points, -96.6% for JZXN against +21.6% for MXC. Note the risk asymmetry: JZXN runs 2.8 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.
JZXN vs MXC: side by side
| JZXN (Jiuzi Holdings, Inc.) | MXC (Mexco Energy Corporation) | |
|---|---|---|
| 1-year return | -96.6% | +21.6% |
| 5-year return | -100.0% | +7.2% |
| Volatility (ann.) | 171.7% | 62.1% |
| Beta vs S&P 500 | 2.26 | -0.31 |
| Max drawdown (3Y) | -100.0% | -60.6% |
| Market cap | – | – |
| P/E (trailing) | – | 13.0 |
| Dividend yield | 0.00% | 1.02% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JZXN | MXC |
|---|---|---|
| 2022 | -92.0% | +33.0% |
| 2023 | -58.7% | -26.2% |
| 2024 | -87.7% | +24.6% |
| 2025 | -96.9% | -10.8% |
| 2026 | -34.7% | -0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JZXN 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 JZXN and MXC?
As of 2026-08-27, the correlation of weekly returns between JZXN and MXC is -0.21 over 3 years, 0.11 over 1 year and -0.08 over 5 years.
Is MXC a good diversifier for JZXN?
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/jzxn-vs-mxc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jzxn-vs-mxc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JZXN correlations · MXC correlations
