SKE vs. MSGS
SKE (Skeena Resources Ltd) and MSGS (Madison Square Garden Sports Corp.) are both stocks. SKE operates in Other Industrial Metals & Mining (Basic Materials), while MSGS operates in Entertainment (Communication Services). Over the past 5 years, SKE returned 18.35%/yr vs 17.37%/yr for MSGS. At a 0.12 correlation, their price movements are largely independent.
Performance
SKE vs. MSGS - Performance Comparison
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Returns By Period
In the year-to-date period, SKE achieves a 9.90% return, which is significantly lower than MSGS's 43.28% return.
SKE
- 1D
- -7.02%
- 1M
- -7.78%
- YTD
- 9.90%
- 6M
- 5.63%
- 1Y
- 67.07%
- 3Y*
- 76.91%
- 5Y*
- 18.35%
- 10Y*
- —
MSGS
- 1D
- 0.00%
- 1M
- 4.73%
- YTD
- 43.28%
- 6M
- 44.22%
- 1Y
- 78.78%
- 3Y*
- 27.38%
- 5Y*
- 17.37%
- 10Y*
- 16.15%
SKE vs. MSGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SKE Skeena Resources Ltd | 9.90% | 172.13% | 78.69% | -8.27% | -48.99% | -4.14% | 428.16% | 134.09% | -59.87% | 878.93% |
MSGS Madison Square Garden Sports Corp. | 43.28% | 14.61% | 24.12% | -0.82% | 10.47% | -5.63% | 23.03% | 9.90% | 26.96% | -1.23% |
Correlation
The correlation between SKE 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 | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2017 | 0.12 |
Fundamentals
SKE:
$3.17B
MSGS:
$8.95B
SKE:
-CA$2.12
MSGS:
-$0.07
SKE:
CA$0.00
MSGS:
$1.08B
SKE:
-CA$1.29M
MSGS:
$48.32M
SKE:
-CA$109.58M
MSGS:
-$41.02M
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Return for Risk
SKE vs. MSGS — Risk / Return Rank
SKE
MSGS
SKE vs. MSGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Skeena Resources Ltd (SKE) 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.
| SKE | MSGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.60 | ||
| Sortino ratioReturn per unit of downside risk | -2.37 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.52 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 7.86 | -5.91 |
| Martin ratioReturn relative to average drawdown | 4.85 | 18.34 | -13.50 |
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Drawdowns
SKE vs. MSGS - Drawdown Comparison
The maximum SKE drawdown since its inception was -75.69%, which is greater than MSGS's maximum drawdown of -41.57%. Use the drawdown chart below to compare losses from any high point for SKE and MSGS.
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Drawdown Indicators
| SKE | MSGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.69% | -41.57% | -34.12% |
Max Drawdown (1Y)Largest decline over 1 year | -34.71% | -10.08% | -24.63% |
Max Drawdown (3Y)Largest decline over 3 years | -38.40% | -25.54% | -12.86% |
Max Drawdown (5Y)Largest decline over 5 years | -75.69% | -31.96% | -43.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.57% | — |
Current DrawdownCurrent decline from peak | -31.58% | -5.86% | -25.72% |
Average DrawdownAverage peak-to-trough decline | -34.35% | -10.54% | -23.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.89% | 4.31% | +9.58% |
Volatility
SKE vs. MSGS - Volatility Comparison
Skeena Resources Ltd (SKE) has a higher volatility of 22.75% compared to Madison Square Garden Sports Corp. (MSGS) at 7.22%. This indicates that SKE'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
| SKE | MSGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.75% | 7.22% | +15.53% |
Volatility (6M)Calculated over the trailing 6-month period | 46.54% | 23.35% | +23.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.40% | 29.20% | +31.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.15% | 25.45% | +32.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 386.30% | 31.49% | +354.81% |
Dividends
SKE vs. MSGS - Dividend Comparison
Neither SKE nor MSGS has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
MSGS Madison Square Garden Sports Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 3.82% | 0.00% | 36.97% |
SKE Skeena Resources Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SKE vs. MSGS - Financials Comparison
This section allows you to compare key financial metrics between Skeena Resources Ltd 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
Frequently Asked Questions
SKE 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.
SKE has higher volatility (22.75%) compared to MSGS (7.22%). In terms of maximum drawdown, SKE dropped -75.69% vs MSGS's -41.57%.
MSGS currently has the higher Sharpe Ratio (2.72 vs 1.12), 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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