MXC vs RL: Correlation
Measured on weekly returns over the past three years, Mexco Energy Corporation (MXC) and Ralph Lauren Corporation (RL) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MXC and RL?
On 3 years of weekly data the MXC/RL correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.26 over 1 year against -0.20 over 3. The 5-year figure is -0.14, and annualized covariance runs at -427.1 %².
Among the 56 assets we track against MXC, RL ranks #33 by 3-year correlation. Their 12-month results are close: +21.6% for MXC against +20.7% for RL. Risk is not evenly split, since MXC carries 1.8 times the volatility of the other side.
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.
MXC vs RL: side by side
| MXC (Mexco Energy Corporation) | RL (Ralph Lauren Corporation) | |
|---|---|---|
| 1-year return | +21.6% | +20.7% |
| 5-year return | +7.2% | +232.5% |
| Volatility (ann.) | 62.1% | 33.6% |
| Beta vs S&P 500 | -0.31 | 1.07 |
| Max drawdown (3Y) | -60.6% | -36.2% |
| Market cap | – | $21.0B |
| P/E (trailing) | 13.0 | 22.8 |
| Dividend yield | 1.02% | 1.03% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | MXC | RL |
|---|---|---|
| 2022 | +33.0% | -8.4% |
| 2023 | -26.2% | +39.8% |
| 2024 | +24.6% | +62.9% |
| 2025 | -10.8% | +55.0% |
| 2026 | -0.6% | +0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MXC and RL good diversifiers for each other?
Yes. With a correlation of -0.20, MXC and RL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MXC and RL?
As of 2026-08-27, the correlation of weekly returns between MXC and RL is -0.20 over 3 years, -0.26 over 1 year and -0.14 over 5 years.
Is RL a good diversifier for MXC?
Yes. With a correlation of -0.20, MXC and RL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 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.
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Related comparisons
Hubs: MXC correlations · RL correlations
