TSAT vs. BKSY
TSAT (Telesat Corporation) and BKSY (BlackSky Technology Inc.) are both stocks. Both are in the Technology sector — TSAT in Communication Equipment, BKSY in Scientific & Technical Instruments. Over the past 3 years, TSAT returned 61.92%/yr vs 14.56%/yr for BKSY. At a 0.33 correlation, their price movements are largely independent.
Performance
TSAT vs. BKSY - Performance Comparison
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Returns By Period
In the year-to-date period, TSAT achieves a 42.10% return, which is significantly higher than BKSY's 33.44% return.
TSAT
- 1D
- -2.61%
- 1M
- -17.50%
- 6M
- 27.35%
- YTD
- 42.10%
- 1Y
- 76.94%
- 3Y*
- 61.92%
- 5Y*
- —
- 10Y*
- —
BKSY
- 1D
- -2.07%
- 1M
- -22.83%
- 6M
- -1.96%
- YTD
- 33.44%
- 1Y
- 10.03%
- 3Y*
- 14.56%
- 5Y*
- -20.77%
- 10Y*
- —
TSAT vs. BKSY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TSAT Telesat Corporation | 42.10% | 77.01% | 57.62% | 39.07% | -73.84% | -40.03% |
BKSY BlackSky Technology Inc. | 33.44% | 73.77% | -3.66% | -9.09% | -65.70% | -50.77% |
Correlation
The correlation between TSAT and BKSY is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2021 | 0.33 |
The correlation between TSAT and BKSY shifts across timeframes, from 0.33 (all time) to 0.51 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
TSAT:
$611.57M
BKSY:
$928.47M
TSAT:
-CA$12.46
BKSY:
-$2.44
TSAT:
2.24
BKSY:
9.13
TSAT:
1.68
BKSY:
11.19
TSAT:
CA$388.42M
BKSY:
$97.81M
TSAT:
CA$248.83M
BKSY:
$23.99M
TSAT:
CA$171.33M
BKSY:
-$13.55M
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Return for Risk
TSAT vs. BKSY — Risk / Return Rank
TSAT
BKSY
TSAT vs. BKSY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Telesat Corporation (TSAT) and BlackSky Technology Inc. (BKSY). 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 | BKSY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.10 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.01 | 0.12 | +1.89 |
| Martin ratioReturn relative to average drawdown | 3.85 | 0.22 | +3.63 |
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Drawdowns
TSAT vs. BKSY - Drawdown Comparison
The maximum TSAT drawdown since its inception was -87.09%, smaller than the maximum BKSY drawdown of -96.61%. Use the drawdown chart below to compare losses from any high point for TSAT and BKSY.
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Drawdown Indicators
| TSAT | BKSY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.09% | -96.61% | +9.52% |
Max Drawdown (1Y)Largest decline over 1 year | -32.92% | -58.46% | +25.54% |
Max Drawdown (3Y)Largest decline over 3 years | -67.51% | -74.75% | +7.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -96.04% | — |
Current DrawdownCurrent decline from peak | -29.33% | -79.14% | +49.81% |
Average DrawdownAverage peak-to-trough decline | -63.94% | -65.24% | +1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.14% | 31.45% | -14.31% |
Volatility
TSAT vs. BKSY - Volatility Comparison
Telesat Corporation (TSAT) and BlackSky Technology Inc. (BKSY) have volatilities of 26.43% and 26.71%, 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.
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Volatility by Period
| TSAT | BKSY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.43% | 26.71% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 67.34% | 81.04% | -13.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.56% | 105.93% | -21.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.56% | 99.82% | -21.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 78.56% | 88.55% | -9.99% |
Dividends
TSAT vs. BKSY - Dividend Comparison
Neither TSAT nor BKSY has paid dividends to shareholders.
Financials
TSAT vs. BKSY - Financials Comparison
This section allows you to compare key financial metrics between Telesat Corporation and BlackSky Technology Inc.. 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
TSAT and BKSY have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BKSY has higher volatility (26.71%) compared to TSAT (26.43%). In terms of maximum drawdown, TSAT dropped -87.09% vs BKSY's -96.61%.
TSAT currently has the higher Sharpe Ratio (0.78 vs 0.07), 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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