GSAT vs. NEM
Compare and contrast key facts about Globalstar, Inc. (GSAT) and Newmont Goldcorp Corporation (NEM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSAT or NEM.
Correlation
The correlation between GSAT and NEM is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GSAT vs. NEM - Performance Comparison
Key characteristics
GSAT:
-0.12
NEM:
1.29
GSAT:
0.42
NEM:
1.76
GSAT:
1.05
NEM:
1.26
GSAT:
-0.10
NEM:
0.75
GSAT:
-0.35
NEM:
2.93
GSAT:
26.67%
NEM:
16.03%
GSAT:
79.89%
NEM:
36.34%
GSAT:
-99.14%
NEM:
-77.55%
GSAT:
-91.24%
NEM:
-38.82%
Fundamentals
GSAT:
$2.91B
NEM:
$53.97B
GSAT:
-$0.30
NEM:
-$2.19
GSAT:
-0.75
NEM:
1.06
GSAT:
$189.17M
NEM:
$12.92B
GSAT:
$103.35M
NEM:
$3.95B
GSAT:
$70.29M
NEM:
$4.98B
Returns By Period
In the year-to-date period, GSAT achieves a -25.89% return, which is significantly lower than NEM's 27.38% return. Over the past 10 years, GSAT has underperformed NEM with an annualized return of -5.15%, while NEM has yielded a comparatively higher 8.87% annualized return.
GSAT
-25.89%
-18.84%
5.79%
-10.81%
27.40%
-5.15%
NEM
27.38%
13.77%
-7.61%
46.41%
2.37%
8.87%
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Risk-Adjusted Performance
GSAT vs. NEM — Risk-Adjusted Performance Rank
GSAT
NEM
GSAT vs. NEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Globalstar, Inc. (GSAT) and Newmont Goldcorp Corporation (NEM). 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.
Dividends
GSAT vs. NEM - Dividend Comparison
GSAT has not paid dividends to shareholders, while NEM's dividend yield for the trailing twelve months is around 2.11%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSAT Globalstar, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEM Newmont Goldcorp Corporation | 2.11% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% | 1.19% |
Drawdowns
GSAT vs. NEM - Drawdown Comparison
The maximum GSAT drawdown since its inception was -99.14%, which is greater than NEM's maximum drawdown of -77.55%. Use the drawdown chart below to compare losses from any high point for GSAT and NEM. For additional features, visit the drawdowns tool.
Volatility
GSAT vs. NEM - Volatility Comparison
Globalstar, Inc. (GSAT) has a higher volatility of 30.29% compared to Newmont Goldcorp Corporation (NEM) at 8.41%. This indicates that GSAT's price experiences larger fluctuations and is considered to be riskier than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
GSAT vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Globalstar, Inc. and Newmont Goldcorp Corporation. 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