GSAT vs PRAX
Comparison between Globalstar Inc (GSAT, Company) and Praxis Precision Medicines Inc (PRAX, Company).
GSAT is from the Communication Services sector, while PRAX is from the Healthcare sector.
5-Year PerformanceGSAT has outperformed PRAX, delivering a return of +31.3% compared to +12.2%
GSAT vs PRAX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
GSAT vs PRAX - Historical Returns
Returns include dividend reinvestment.
GSAT vs PRAX - Annual Returns (2006 - 2026)
Returns include dividend reinvestment.
| Year | GSAT | PRAX |
|---|---|---|
| 2026 | +29.10% | +28.65% |
| 2025 | +91.95% | +270.65% |
| 2024 | +10.70% | +268.23% |
| 2023 | +49.23% | -42.20% |
| 2022 | +16.67% | -88.27% |
| 2021 | +239.78% | -63.60% |
| 2020 | -37.30% | +97.91% |
| 2019 | -23.53% | N/A |
| 2018 | -50.02% | N/A |
| 2017 | -25.99% | N/A |
| 2016 | +16.18% | N/A |
| 2015 | -46.27% | N/A |
| 2014 | +59.88% | N/A |
| 2013 | +446.88% | N/A |
| 2012 | -47.41% | N/A |
| 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 PRAX 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 PRAX was -98.67%, occurring on Mar 30, 2023. This drawdown has not yet recovered.
The current GSAT drawdown is -68.57%. The current PRAX drawdown is -59.20%.
| Rank | GSAT | PRAX |
|---|---|---|
| #1 | -99.14% Nov 2, 2006 - Dec 19, 2008 | -98.67% Jan 7, 2021 - Mar 30, 2023 |
| #2 | N/A | -21.78% Nov 9, 2020 - Nov 25, 2020 |
| #3 | N/A | -8.01% Dec 28, 2020 - Jan 6, 2021 |
| #4 | N/A | -7.00% Dec 11, 2020 - Dec 21, 2020 |
| #5 | N/A | -6.29% Oct 30, 2020 - Nov 9, 2020 |
| #6 | N/A | -4.48% Dec 2, 2020 - Dec 7, 2020 |
| #7 | N/A | -3.94% Dec 7, 2020 - Dec 11, 2020 |
| #8 | N/A | -3.16% Oct 22, 2020 - Oct 28, 2020 |
| #9 | N/A | -1.98% Oct 16, 2020 - Oct 21, 2020 |
| #10 | N/A | -1.50% Dec 23, 2020 - Dec 28, 2020 |
Correlation
Correlation between GSAT and PRAX is 0.19 which considered as a very weak or no correlation - the stocks move independently of each other.
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