KEP vs MXC: Correlation
Korea Electric Power Corporation (KEP) and Mexco Energy Corporation (MXC) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KEP and MXC?
Over the past 3 years, KEP and MXC moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.21 lands near the 3-year figure. Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -686.5 %².
MXC is close to the least connected end of KEP's tracked universe, ranking #8 of 10. The last year tells two different stories: MXC led by 32.5 percentage points, -10.9% for KEP against +21.6% for MXC.
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.
KEP vs MXC: side by side
| KEP (Korea Electric Power Corporation) | MXC (Mexco Energy Corporation) | |
|---|---|---|
| 1-year return | -10.9% | +21.6% |
| 5-year return | +18.4% | +7.2% |
| Volatility (ann.) | 43.0% | 62.1% |
| Beta vs S&P 500 | 0.89 | -0.31 |
| Max drawdown (3Y) | -51.9% | -60.6% |
| Market cap | $15.3B | – |
| P/E (trailing) | 2.8 | 13.0 |
| Dividend yield | 12598.04% | 1.02% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KEP | MXC |
|---|---|---|
| 2022 | -5.5% | +33.0% |
| 2023 | -16.1% | -26.2% |
| 2024 | -4.0% | +24.6% |
| 2025 | +139.8% | -10.8% |
| 2026 | -27.7% | -0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KEP and MXC good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between KEP and MXC?
As of 2026-08-27, the correlation of weekly returns between KEP and MXC is -0.26 over 3 years, -0.21 over 1 year and -0.08 over 5 years.
Is MXC a good diversifier for KEP?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
A reading of -0.26 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/kep-vs-mxc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kep-vs-mxc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KEP correlations · MXC correlations
