BATL vs. SATL

Last updated Jun 4, 2026

BATL (Battalion Oil Corporation) and SATL (Satellogic V Inc) are both stocks. BATL operates in Oil & Gas E&P (Energy), while SATL operates in Aerospace & Defense (Industrials). Over the past 5 years, BATL returned -34.23%/yr vs -4.25%/yr for SATL. At a 0.06 correlation, their price movements are largely independent.

Performance

BATL vs. SATL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Battalion Oil Corporation (BATL) and Satellogic V Inc (SATL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BATL achieves a 36.28% return, which is significantly lower than SATL's 319.25% return.

BATL

• 1D: 3.36%
• 1M: -58.04%
• YTD: 36.28%
• 6M: 32.76%
• 1Y: 14.93%
• 3Y*: -39.37%
• 5Y*: -34.23%
• 10Y*: —

SATL

• 1D: -9.68%
• 1M: 11.05%
• YTD: 319.25%
• 6M: 386.96%
• 1Y: 115.38%
• 3Y*: 57.67%
• 5Y*: -4.25%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BATL vs. SATL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BATL Battalion Oil Corporation	36.28%	-34.30%	-82.10%	-1.03%	-0.92%	-12.26%
SATL Satellogic V Inc	319.25%	-34.39%	62.86%	-42.62%	-68.56%	-2.02%

Correlation

The correlation between BATL and SATL is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (All Time) Calculated using the full available price history since Mar 29, 2021	0.06

Fundamentals

Market Cap BATL : $26.82M SATL : $1.10B
EPS BATL : -$3.03 SATL : -$0.71
PS Ratio BATL : 0.16 SATL : 48.86
Total Revenue (TTM) BATL : $156.88M SATL : $20.43M
Gross Profit (TTM) BATL : $24.18M SATL : $7.65M
EBITDA (TTM) BATL : $44.32M SATL : -$22.81M

Return for Risk

BATL vs. SATL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BATL

BATL Risk / Return Rank: 61
BATL Sharpe Ratio Rank: 42
BATL Sortino Ratio Rank: 88
BATL Omega Ratio Rank: 87
BATL Calmar Ratio Rank: 44
BATL Martin Ratio Rank: 43

SATL

SATL Risk / Return Rank: 72
SATL Sharpe Ratio Rank: 71
SATL Sortino Ratio Rank: 75
SATL Omega Ratio Rank: 72
SATL Calmar Ratio Rank: 70
SATL Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BATL vs. SATL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Battalion Oil Corporation (BATL) and Satellogic V Inc (SATL). 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.

	BATL	SATL	Difference
Sharpe ratio: Return per unit of total volatility	0.05	0.99	-0.94
Sortino ratio: Return per unit of downside risk	3.02	2.02	+1.00
Omega ratio: Gain probability vs. loss probability	1.39	1.24	+0.15
Calmar ratio: Return relative to maximum drawdown	0.16	1.67	-1.52
Martin ratio: Return relative to average drawdown	0.25	3.70	-3.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BATL vs. SATL - Sharpe Ratio Comparison

The current BATL Sharpe Ratio is 0.05, which is lower than the SATL Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of BATL and SATL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BATL	SATL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.05	0.99	-0.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.20	-0.04	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	-0.04	-0.11

Drawdowns

BATL vs. SATL - Drawdown Comparison

The maximum BATL drawdown since its inception was -95.23%, roughly equal to the maximum SATL drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for BATL and SATL.

Drawdown Indicators

	BATL	SATL	Difference
Max Drawdown Largest peak-to-trough decline	-95.23%	-94.40%	-0.83%
Max Drawdown (1Y) Largest decline over 1 year	-94.76%	-69.32%	-25.44%
Max Drawdown (3Y) Largest decline over 3 years	-94.76%	-73.21%	-21.55%
Max Drawdown (5Y) Largest decline over 5 years	-95.23%	-94.40%	-0.83%
Current Drawdown Current decline from peak	-94.44%	-36.42%	-58.02%
Average Drawdown Average peak-to-trough decline	-59.30%	-62.29%	+2.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	60.88%	31.30%	+29.58%

Volatility

BATL vs. SATL - Volatility Comparison

Battalion Oil Corporation (BATL) and Satellogic V Inc (SATL) have volatilities of 35.26% and 36.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BATL	SATL	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.26%	36.78%	-1.52%
Volatility (6M) Calculated over the trailing 6-month period	213.17%	96.48%	+116.69%
Volatility (1Y) Calculated over the trailing 1-year period	317.03%	117.64%	+199.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	173.26%	105.93%	+67.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	167.44%	104.02%	+63.42%

Dividends

BATL vs. SATL - Dividend Comparison

Neither BATL nor SATL has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both BATL and SATL in my portfolio?

BATL and SATL have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BATL or SATL?

SATL has higher volatility (36.78%) compared to BATL (35.26%). In terms of maximum drawdown, BATL dropped -95.23% vs SATL's -94.40%.

Which has better risk-adjusted returns?

SATL currently has the higher Sharpe Ratio (0.99 vs 0.05), 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.