MXC vs ROK: Correlation
Mexco Energy Corporation (MXC) and Rockwell Automation (ROK) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MXC and ROK?
On 3 years of weekly data the MXC/ROK correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.41) than the 3-year average (-0.18). The 5-year figure is -0.04, and annualized covariance runs at -314.1 %².
Among the 56 assets we track against MXC, ROK ranks #24 by 3-year correlation. Twelve-month performance is nearly a tie, at +21.6% for MXC and +25.7% for ROK. Note the risk asymmetry: MXC runs 2.2 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.
MXC vs ROK: side by side
| MXC (Mexco Energy Corporation) | ROK (Rockwell Automation) | |
|---|---|---|
| 1-year return | +21.6% | +25.7% |
| 5-year return | +7.2% | +44.9% |
| Volatility (ann.) | 62.1% | 27.9% |
| Beta vs S&P 500 | -0.31 | 0.97 |
| Max drawdown (3Y) | -60.6% | -29.0% |
| Market cap | – | $48.2B |
| P/E (trailing) | 13.0 | 40.6 |
| Dividend yield | 1.02% | 1.26% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | MXC | ROK |
|---|---|---|
| 2022 | +33.0% | -24.8% |
| 2023 | -26.2% | +22.6% |
| 2024 | +24.6% | -6.2% |
| 2025 | -10.8% | +38.4% |
| 2026 | -0.6% | +12.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MXC and ROK good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between MXC and ROK?
As of 2026-08-27, the correlation of weekly returns between MXC and ROK is -0.18 over 3 years, -0.41 over 1 year and -0.04 over 5 years.
Is ROK a good diversifier for MXC?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 mean?
A reading of -0.18 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/mxc-vs-rok.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mxc-vs-rok/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MXC correlations · ROK correlations
