AOUT vs. MSGS
AOUT (American Outdoor Brands, Inc.) and MSGS (Madison Square Garden Sports Corp.) are both stocks. AOUT operates in Leisure (Consumer Cyclical), while MSGS operates in Entertainment (Communication Services). Over the past 5 years, AOUT returned -15.96%/yr vs 19.39%/yr for MSGS. At a 0.20 correlation, their price movements are largely independent.
Performance
AOUT vs. MSGS - Performance Comparison
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Returns By Period
In the year-to-date period, AOUT achieves a 83.83% return, which is significantly higher than MSGS's 49.28% return.
AOUT
- 1D
- -0.91%
- 1M
- 37.83%
- 6M
- 51.01%
- YTD
- 83.83%
- 1Y
- 48.64%
- 3Y*
- 16.88%
- 5Y*
- -15.96%
- 10Y*
- —
MSGS
- 1D
- 1.10%
- 1M
- 0.37%
- 6M
- 42.54%
- YTD
- 49.28%
- 1Y
- 87.54%
- 3Y*
- 26.05%
- 5Y*
- 19.39%
- 10Y*
- 16.31%
AOUT vs. MSGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AOUT American Outdoor Brands, Inc. | 83.83% | -49.28% | 81.43% | -16.17% | -49.72% | 17.03% | -6.33% |
MSGS Madison Square Garden Sports Corp. | 49.28% | 14.61% | 24.12% | -0.82% | 10.47% | -5.63% | 14.60% |
Correlation
The correlation between AOUT and MSGS is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2020 | 0.20 |
Fundamentals
AOUT:
$177.73M
MSGS:
$9.30B
AOUT:
-$0.97
MSGS:
-$0.07
AOUT:
0.71
MSGS:
8.65
AOUT:
$190.54M
MSGS:
$1.08B
AOUT:
$85.19M
MSGS:
$48.32M
AOUT:
$3.92M
MSGS:
-$41.02M
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Return for Risk
AOUT vs. MSGS — Risk / Return Rank
AOUT
MSGS
AOUT vs. MSGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Outdoor Brands, Inc. (AOUT) and Madison Square Garden Sports Corp. (MSGS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AOUT | MSGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.06 | ||
| Sortino ratioReturn per unit of downside risk | -2.77 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.55 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 8.73 | -7.51 |
| Martin ratioReturn relative to average drawdown | 2.57 | 20.11 | -17.54 |
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Drawdowns
AOUT vs. MSGS - Drawdown Comparison
The maximum AOUT drawdown since its inception was -82.35%, which is greater than MSGS's maximum drawdown of -41.57%. Use the drawdown chart below to compare losses from any high point for AOUT and MSGS.
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Drawdown Indicators
| AOUT | MSGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.35% | -41.57% | -40.78% |
Max Drawdown (1Y)Largest decline over 1 year | -39.97% | -10.08% | -29.89% |
Max Drawdown (3Y)Largest decline over 3 years | -64.19% | -25.54% | -38.65% |
Max Drawdown (5Y)Largest decline over 5 years | -82.30% | -31.96% | -50.34% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.57% | — |
Current DrawdownCurrent decline from peak | -60.56% | -4.20% | -56.36% |
Average DrawdownAverage peak-to-trough decline | -59.66% | -10.50% | -49.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.97% | 4.37% | +14.60% |
Volatility
AOUT vs. MSGS - Volatility Comparison
American Outdoor Brands, Inc. (AOUT) has a higher volatility of 29.11% compared to Madison Square Garden Sports Corp. (MSGS) at 9.18%. This indicates that AOUT's price experiences larger fluctuations and is considered to be riskier than MSGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AOUT | MSGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.11% | 9.18% | +19.93% |
Volatility (6M)Calculated over the trailing 6-month period | 41.69% | 23.71% | +17.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.08% | 29.78% | +24.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.95% | 25.58% | +25.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.03% | 31.51% | +21.52% |
Dividends
AOUT vs. MSGS - Dividend Comparison
Neither AOUT nor MSGS has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
AOUT American Outdoor Brands, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSGS Madison Square Garden Sports Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 3.82% | 0.00% | 36.97% |
Financials
AOUT vs. MSGS - Financials Comparison
This section allows you to compare key financial metrics between American Outdoor Brands, Inc. and Madison Square Garden Sports Corp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AOUT vs. MSGS - Profitability Comparison
AOUT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, American Outdoor Brands, Inc. reported a gross profit of 22.06M and revenue of 47.06M. Therefore, the gross margin over that period was 46.9%.
MSGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Madison Square Garden Sports Corp. reported a gross profit of -121.61M and revenue of 432.20M. Therefore, the gross margin over that period was -28.1%.
AOUT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, American Outdoor Brands, Inc. reported an operating income of -3.79M and revenue of 47.06M, resulting in an operating margin of -8.1%.
MSGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Madison Square Garden Sports Corp. reported an operating income of 1.96M and revenue of 432.20M, resulting in an operating margin of 0.5%.
AOUT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, American Outdoor Brands, Inc. reported a net income of -381.00K and revenue of 47.06M, resulting in a net margin of -0.8%.
MSGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Madison Square Garden Sports Corp. reported a net income of 555.00K and revenue of 432.20M, resulting in a net margin of 0.1%.
Frequently Asked Questions
AOUT and MSGS have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AOUT has higher volatility (29.11%) compared to MSGS (9.18%). In terms of maximum drawdown, AOUT dropped -82.35% vs MSGS's -41.57%.
MSGS currently has the higher Sharpe Ratio (2.96 vs 0.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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