GSAT vs GMED
Comparison between Globalstar Inc (GSAT, Company) and Globus Medical Inc - Class A (GMED, Company).
GSAT is from the Communication Services sector, while GMED is from the Healthcare sector.
5-Year PerformanceGSAT has outperformed GMED, delivering a return of +29.9% compared to -1.9%
GSAT vs GMED - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
GSAT vs GMED - Historical Returns
Returns include dividend reinvestment.
GSAT vs GMED - Annual Returns (2006 - 2026)
Returns include dividend reinvestment.
| Year | GSAT | GMED |
|---|---|---|
| 2026 | +23.75% | -13.59% |
| 2025 | +91.95% | +6.70% |
| 2024 | +10.70% | +55.59% |
| 2023 | +49.23% | -27.16% |
| 2022 | +16.67% | +0.45% |
| 2021 | +239.78% | +13.99% |
| 2020 | -37.30% | +9.71% |
| 2019 | -23.53% | +48.65% |
| 2018 | -50.02% | +0.25% |
| 2017 | -25.99% | +65.79% |
| 2016 | +16.18% | -7.11% |
| 2015 | -46.27% | +17.28% |
| 2014 | +59.88% | +20.35% |
| 2013 | +446.88% | +84.46% |
| 2012 | -47.41% | -22.30% |
| 2011 | -63.76% | N/A |
| 2010 | +54.26% | N/A |
| 2009 | +248.00% | N/A |
| 2008 | -97.57% | N/A |
| 2007 | -43.10% | N/A |
| 2006 | -20.61% | N/A |
GSAT vs GMED Drawdown Comparison
The maximum drawdown for GSAT was -99.14%, occurring on Dec 19, 2008. This drawdown has not yet recovered.
The maximum drawdown for GMED was -47.91%, occurring on Nov 13, 2023. Recovery took 807 trading sessions.
The current GSAT drawdown is -69.87%. The current GMED drawdown is -22.08%.
| Rank | GSAT | GMED |
|---|---|---|
| #1 | -99.14% Nov 2, 2006 - Dec 19, 2008 | -47.91% Sep 8, 2021 - Nov 21, 2024 |
| #2 | N/A | -44.69% Oct 2, 2012 - Oct 31, 2013 |
| #3 | N/A | -44.40% Jan 22, 2025 - Jan 8, 2026 |
| #4 | N/A | -41.08% Dec 19, 2019 - Nov 24, 2020 |
| #5 | N/A | -33.70% Nov 8, 2018 - Dec 12, 2019 |
| #6 | N/A | -32.69% Apr 2, 2014 - Jul 21, 2015 |
| #7 | N/A | -26.88% Dec 30, 2015 - Feb 24, 2017 |
| #8 | N/A | -26.37% Jul 31, 2015 - Dec 29, 2015 |
| #9 | N/A | -22.10% Apr 20, 2026 - Jun 17, 2026 |
| #10 | N/A | -16.70% Jun 23, 2017 - Nov 9, 2017 |
| #11 | N/A | -14.11% Jun 6, 2018 - Nov 8, 2018 |
| #12 | N/A | -13.65% Feb 26, 2026 - Apr 20, 2026 |
| #13 | N/A | -11.35% Feb 12, 2021 - Apr 14, 2021 |
| #14 | N/A | -8.77% Jan 8, 2021 - Feb 12, 2021 |
| #15 | N/A | -8.59% Jul 27, 2021 - Sep 2, 2021 |
Correlation
Correlation between GSAT and GMED is 0.19 which considered as a very weak or no correlation - the stocks move independently of each other.
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