TSAT vs. BA
TSAT (Telesat Corporation) and BA (The Boeing Company) are both stocks. TSAT operates in Communication Equipment (Technology), while BA operates in Aerospace & Defense (Industrials). Over the past 3 years, TSAT returned 58.65%/yr vs -3.16%/yr for BA. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
TSAT vs. BA - Performance Comparison
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Returns By Period
In the year-to-date period, TSAT achieves a 28.04% return, which is significantly higher than BA's -0.45% return.
TSAT
- 1D
- -0.48%
- 1M
- -19.40%
- 6M
- 28.31%
- YTD
- 28.04%
- 1Y
- 58.62%
- 3Y*
- 58.65%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -5.17%
BA
- 1D
- -2.15%
- 1M
- -4.57%
- 6M
- -7.52%
- YTD
- -0.45%
- 1Y
- -2.60%
- 3Y*
- -3.16%
- 5Y*
- -0.93%
- 10Y*
- 6.05%
- ALL TIME*
- 10.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.48B | $1.24B | $1.42B | |
| $6.55M | $7.99M | $11.78M |
TSAT vs. BA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TSAT Telesat Corporation | 28.04% | 77.01% | 57.62% | 39.07% | -73.84% | -40.03% |
BA The Boeing Company | -0.45% | 22.67% | -32.10% | 36.84% | -5.38% | -11.41% |
Correlation
The correlation between TSAT and BA is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2021 | 0.27 |
Fundamentals
TSAT:
$551.08M
BA:
$170.83B
TSAT:
-CA$12.46
BA:
$3.08
TSAT:
2.00
BA:
1.82
TSAT:
1.50
BA:
28.06
TSAT:
CA$388.42M
BA:
$94.00B
TSAT:
CA$248.83M
BA:
$4.40B
TSAT:
CA$171.33M
BA:
$6.95B
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Return for Risk
TSAT vs. BA — Risk / Return Rank
TSAT
BA
TSAT vs. BA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Telesat Corporation (TSAT) and The Boeing Company (BA). 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.
| TSAT | BA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.01 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | -0.10 | +1.47 |
| Martin ratioReturn relative to average drawdown | 3.18 | -0.22 | +3.39 |
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Drawdowns
TSAT vs. BA - Drawdown Comparison
The maximum TSAT drawdown since its inception was -87.09%, roughly equal to the maximum BA drawdown of -89.45%. Use the drawdown chart below to compare losses from any high point for TSAT and BA.
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Drawdown Indicators
| TSAT | BA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.09% | -89.45% | +2.36% |
Max Drawdown (1Y)Largest decline over 1 year | -41.19% | -24.96% | -16.23% |
Max Drawdown (3Y)Largest decline over 3 years | -67.51% | -48.31% | -19.20% |
Max Drawdown (5Y)Largest decline over 5 years | — | -51.62% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -77.92% | — |
Current DrawdownCurrent decline from peak | -36.32% | -49.77% | +13.45% |
Average DrawdownAverage peak-to-trough decline | -63.58% | -31.06% | -32.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.68% | 11.94% | +5.74% |
Volatility
TSAT vs. BA - Volatility Comparison
Telesat Corporation (TSAT) has a higher volatility of 19.29% compared to The Boeing Company (BA) at 10.83%. This indicates that TSAT's price experiences larger fluctuations and is considered to be riskier than BA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSAT | BA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.29% | 10.83% | +8.46% |
Volatility (6M)Calculated over the trailing 6-month period | 63.07% | 24.73% | +38.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.62% | 32.64% | +51.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.47% | 36.54% | +41.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 78.47% | 41.70% | +36.77% |
Dividends
TSAT vs. BA - Dividend Comparison
Neither TSAT nor BA has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA The Boeing Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.96% | 2.52% | 2.12% | 1.93% | 2.80% | 2.52% |
TSAT Telesat Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TSAT vs. BA - Financials Comparison
This section allows you to compare key financial metrics between Telesat Corporation and The Boeing Company. 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
TSAT vs. BA - Profitability Comparison
TSAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Telesat Corporation reported a gross profit of 23.26M and revenue of 87.28M. Therefore, the gross margin over that period was 26.7%.
BA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, The Boeing Company reported a gross profit of 2.41B and revenue of 24.56B. Therefore, the gross margin over that period was 9.8%.
TSAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Telesat Corporation reported an operating income of 3.09M and revenue of 87.28M, resulting in an operating margin of 3.5%.
BA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, The Boeing Company reported an operating income of 78.00M and revenue of 24.56B, resulting in an operating margin of 0.3%.
TSAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Telesat Corporation reported a net income of -45.61M and revenue of 87.28M, resulting in a net margin of -52.3%.
BA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, The Boeing Company reported a net income of -444.00M and revenue of 24.56B, resulting in a net margin of -1.8%.
Frequently Asked Questions
TSAT and BA have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSAT has higher volatility (19.29%) compared to BA (10.83%). In terms of maximum drawdown, TSAT dropped -87.09% vs BA's -89.45%.
TSAT currently has the higher Sharpe Ratio (0.67 vs -0.08), 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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