TALK vs. PAYS

Last updated Apr 1, 2026

Compare and contrast key facts about Talkspace, Inc. (TALK) and PaySign, Inc. (PAYS).

Performance

TALK vs. PAYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Talkspace, Inc. (TALK) and PaySign, Inc. (PAYS). The values are adjusted to include any dividend payments, if applicable.

TALK vs. PAYS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TALK Talkspace, Inc.	42.56%	17.48%	21.65%	316.19%	-69.02%	-81.78%	7.03%
PAYS PaySign, Inc.	14.56%	70.53%	7.86%	8.53%	61.25%	-65.52%	-49.84%

Fundamentals

Market Cap TALK : $899.18M PAYS : $363.58M
EPS TALK : -$0.03 PAYS : $0.12
PS Ratio TALK : 3.89 PAYS : 4.35
PB Ratio TALK : 7.68 PAYS : 7.50
Total Revenue (TTM) TALK : $228.87M PAYS : $82.03M
Gross Profit (TTM) TALK : $98.35M PAYS : $48.72M
EBITDA (TTM) TALK : $11.89M PAYS : $16.91M

Returns By Period

In the year-to-date period, TALK achieves a 42.56% return, which is significantly higher than PAYS's 14.56% return.

TALK

• 1D: -0.10%
• 1M: 7.37%
• YTD: 42.56%
• 6M: 87.50%
• 1Y: 102.15%
• 3Y*: 95.26%
• 5Y*: -12.36%
• 10Y*: —

PAYS

• 1D: 2.43%
• 1M: 66.20%
• YTD: 14.56%
• 6M: -6.20%
• 1Y: 178.30%
• 3Y*: 17.58%
• 5Y*: 5.15%
• 10Y*: 41.00%

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

Return for Risk

TALK vs. PAYS — Risk / Return Rank

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

TALK

TALK Risk / Return Rank: 86
TALK Sharpe Ratio Rank: 90
TALK Sortino Ratio Rank: 89
TALK Omega Ratio Rank: 84
TALK Calmar Ratio Rank: 85
TALK Martin Ratio Rank: 82

PAYS

PAYS Risk / Return Rank: 88
PAYS Sharpe Ratio Rank: 93
PAYS Sortino Ratio Rank: 92
PAYS Omega Ratio Rank: 91
PAYS Calmar Ratio Rank: 85
PAYS Martin Ratio Rank: 77

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.

TALK vs. PAYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Talkspace, Inc. (TALK) and PaySign, Inc. (PAYS). 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.

	TALK	PAYS	Difference
Sharpe ratio Return per unit of total volatility	1.91	2.33	-0.42
Sortino ratio Return per unit of downside risk	2.74	3.04	-0.30
Omega ratio Gain probability vs. loss probability	1.32	1.40	-0.08
Calmar ratio Return relative to maximum drawdown	2.89	2.82	+0.08
Martin ratio Return relative to average drawdown	6.67	5.00	+1.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TALK vs. PAYS - Sharpe Ratio Comparison

The current TALK Sharpe Ratio is 1.91, which is comparable to the PAYS Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of TALK and PAYS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TALK	PAYS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.91	2.33	-0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.18	0.08	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	0.04	-0.21

Correlation

The correlation between TALK and PAYS is 0.23, 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.

Dividends

TALK vs. PAYS - Dividend Comparison

Neither TALK nor PAYS has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

TALK vs. PAYS - Drawdown Comparison

The maximum TALK drawdown since its inception was -95.17%, roughly equal to the maximum PAYS drawdown of -98.95%. Use the drawdown chart below to compare losses from any high point for TALK and PAYS.

Drawdown Indicators

	TALK	PAYS	Difference
Max Drawdown Largest peak-to-trough decline	-95.17%	-98.95%	+3.78%
Max Drawdown (1Y) Largest decline over 1 year	-33.43%	-62.85%	+29.42%
Max Drawdown (5Y) Largest decline over 5 years	-94.17%	-72.98%	-21.19%
Max Drawdown (10Y) Largest decline over 10 years	—	-93.09%	—
Current Drawdown Current decline from peak	-57.23%	-67.13%	+9.90%
Average Drawdown Average peak-to-trough decline	-68.93%	-69.45%	+0.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.51%	35.39%	-20.88%

Volatility

TALK vs. PAYS - Volatility Comparison

The current volatility for Talkspace, Inc. (TALK) is 8.65%, while PaySign, Inc. (PAYS) has a volatility of 35.04%. This indicates that TALK experiences smaller price fluctuations and is considered to be less risky than PAYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TALK	PAYS	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.65%	35.04%	-26.39%
Volatility (6M) Calculated over the trailing 6-month period	38.19%	47.66%	-9.47%
Volatility (1Y) Calculated over the trailing 1-year period	53.77%	76.96%	-23.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.27%	67.43%	+1.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.94%	81.60%	-15.66%

Financials

TALK vs. PAYS - Profitability Comparison

The chart below illustrates the profitability comparison between Talkspace, Inc. and PaySign, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TALK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Talkspace, Inc. reported a gross profit of 26.92M and revenue of 63.00M. Therefore, the gross margin over that period was 42.7%.

PAYS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, PaySign, Inc. reported a gross profit of 13.12M and revenue of 22.76M. Therefore, the gross margin over that period was 57.7%.

TALK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Talkspace, Inc. reported an operating income of 3.83M and revenue of 63.00M, resulting in an operating margin of 6.1%.

PAYS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, PaySign, Inc. reported an operating income of 1.85M and revenue of 22.76M, resulting in an operating margin of 8.2%.

TALK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Talkspace, Inc. reported a net income of -8.24M and revenue of 63.00M, resulting in a net margin of -13.1%.

PAYS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, PaySign, Inc. reported a net income of 1.36M and revenue of 22.76M, resulting in a net margin of 6.0%.