GMED vs GSAT
Comparison between Globus Medical Inc - Class A (GMED, Company) and Globalstar Inc (GSAT, Company).
GMED is from the Healthcare sector, while GSAT is from the Communication Services sector.
5-Year PerformanceGSAT has outperformed GMED, delivering a return of +25.7% compared to -1.0%
GMED vs GSAT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
GMED vs GSAT - Historical Returns
Returns include dividend reinvestment.
GMED vs GSAT - Annual Returns (2006 - 2026)
Returns include dividend reinvestment.
| Year | GMED | GSAT |
|---|---|---|
| 2026 | -12.25% | +25.05% |
| 2025 | +6.70% | +91.95% |
| 2024 | +55.59% | +10.70% |
| 2023 | -27.16% | +49.23% |
| 2022 | +0.45% | +16.67% |
| 2021 | +13.99% | +239.78% |
| 2020 | +9.71% | -37.30% |
| 2019 | +48.65% | -23.53% |
| 2018 | +0.25% | -50.02% |
| 2017 | +65.79% | -25.99% |
| 2016 | -7.11% | +16.18% |
| 2015 | +17.28% | -46.27% |
| 2014 | +20.35% | +59.88% |
| 2013 | +84.46% | +446.88% |
| 2012 | -22.30% | -47.41% |
| 2011 | N/A | -63.76% |
| 2010 | N/A | +54.26% |
| 2009 | N/A | +248.00% |
| 2008 | N/A | -97.57% |
| 2007 | N/A | -43.10% |
| 2006 | N/A | -20.61% |
GMED vs GSAT Drawdown Comparison
The maximum drawdown for GMED was -47.91%, occurring on Nov 13, 2023. Recovery took 807 trading sessions.
The maximum drawdown for GSAT was -99.14%, occurring on Dec 19, 2008. This drawdown has not yet recovered.
The current GMED drawdown is -20.87%. The current GSAT drawdown is -69.55%.
| Rank | GMED | GSAT |
|---|---|---|
| #1 | -47.91% Sep 8, 2021 - Nov 21, 2024 | -99.14% Nov 2, 2006 - Dec 19, 2008 |
| #2 | -44.69% Oct 2, 2012 - Oct 31, 2013 | N/A |
| #3 | -44.40% Jan 22, 2025 - Jan 8, 2026 | N/A |
| #4 | -41.08% Dec 19, 2019 - Nov 24, 2020 | N/A |
| #5 | -33.70% Nov 8, 2018 - Dec 12, 2019 | N/A |
| #6 | -32.69% Apr 2, 2014 - Jul 21, 2015 | N/A |
| #7 | -26.88% Dec 30, 2015 - Feb 24, 2017 | N/A |
| #8 | -26.37% Jul 31, 2015 - Dec 29, 2015 | N/A |
| #9 | -22.10% Apr 20, 2026 - Jun 17, 2026 | N/A |
| #10 | -16.70% Jun 23, 2017 - Nov 9, 2017 | N/A |
| #11 | -14.11% Jun 6, 2018 - Nov 8, 2018 | N/A |
| #12 | -13.65% Feb 26, 2026 - Apr 20, 2026 | N/A |
| #13 | -11.35% Feb 12, 2021 - Apr 14, 2021 | N/A |
| #14 | -8.77% Jan 8, 2021 - Feb 12, 2021 | N/A |
| #15 | -8.59% Jul 27, 2021 - Sep 2, 2021 | N/A |
Correlation
Correlation between GMED and GSAT is 0.19 which considered as a very weak or no correlation - the stocks move independently of each other.
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