MXC vs UHS: Correlation
Mexco Energy Corporation (MXC) and Universal Health Services (UHS) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MXC and UHS?
Over the past 3 years, MXC and UHS moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.14 versus -0.25 over 3 years. Over 5 years the correlation is -0.01, and the annualized covariance of weekly returns is -488.6 %².
Within MXC's tracked universe of 56 assets, UHS comes in at #46 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MXC ahead by 26.6 points (+21.6% versus -5.0%). Risk is not evenly split, since MXC carries 2.0 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 UHS: side by side
| MXC (Mexco Energy Corporation) | UHS (Universal Health Services) | |
|---|---|---|
| 1-year return | +21.6% | -5.0% |
| 5-year return | +7.2% | +13.5% |
| Volatility (ann.) | 62.1% | 31.1% |
| Beta vs S&P 500 | -0.31 | 0.60 |
| Max drawdown (3Y) | -60.6% | -42.0% |
| Market cap | – | $10.2B |
| P/E (trailing) | 13.0 | 7.3 |
| Dividend yield | 1.02% | 0.45% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | MXC | UHS |
|---|---|---|
| 2022 | +33.0% | +9.4% |
| 2023 | -26.2% | +8.8% |
| 2024 | +24.6% | +18.2% |
| 2025 | -10.8% | +22.0% |
| 2026 | -0.6% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MXC and UHS good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between MXC and UHS?
The MXC/UHS correlation stands at -0.25 on a 3-year window (1 year: -0.14, 5 years: -0.01), computed from weekly returns as of 2026-08-27.
Is UHS a good diversifier for MXC?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 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-uhs.json
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Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MXC correlations · UHS correlations
