DEC vs SATL: Correlation
Measured on weekly returns over the past three years, Diversified Energy Company (DEC) and Satellogic Inc. (SATL) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DEC and SATL?
Over the past 3 years, DEC and SATL moved with a correlation of 0.34, which is moderate. The past 12 months show a weaker link (0.17) than the 3-year average (0.34). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is nan %².
Among the 27 assets we track against DEC, SATL ranks #11 by 3-year correlation. The last year tells two different stories: SATL led by 45.8 percentage points, -0.7% for DEC against +45.1% for SATL.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
DEC vs SATL: side by side
| DEC (Diversified Energy Company) | SATL (Satellogic Inc.) | |
|---|---|---|
| 1-year return | -0.7% | +45.1% |
| 5-year return | n/a | -45.8% |
| Volatility (ann.) | n/a | 134.8% |
| Beta vs S&P 500 | nan | 1.81 |
| Max drawdown (3Y) | -36.6% | -73.2% |
| Market cap | $1.0B | $0.8B |
| P/E (trailing) | 2.5 | – |
| Dividend yield | 7.77% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DEC | SATL |
|---|---|---|
| 2022 | – | -68.6% |
| 2023 | +inf% | -42.6% |
| 2024 | +30.4% | +62.9% |
| 2025 | -4.7% | -34.4% |
| 2026 | +8.5% | +184.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DEC and SATL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DEC and SATL?
The DEC/SATL correlation stands at 0.34 on a 3-year window (1 year: 0.17, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SATL a good diversifier for DEC?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: DEC correlations · SATL correlations
