MNST vs TSAT: Correlation
Monster Beverage (MNST) and Telesat Corporation - Class A (TSAT) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MNST and TSAT?
Across a 3-year window, the weekly returns of MNST and TSAT correlate at 0.40, moderate. The link has tightened recently: the 1-year correlation (0.60) runs above the 3-year figure (0.40). Stretching to 5 years gives 0.35, with an annualized covariance of 2085.4 %².
Among the 66 assets we track against MNST, TSAT ranks #15 by 3-year correlation. The last year tells two different stories: TSAT led by 151.4 percentage points, -24.3% for MNST against +127.1% for TSAT.
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.
MNST vs TSAT: side by side
| MNST (Monster Beverage) | TSAT (Telesat Corporation - Class A) | |
|---|---|---|
| 1-year return | -24.3% | +127.1% |
| 5-year return | -4.5% | +10.3% |
| Volatility (ann.) | 68.6% | 76.7% |
| Beta vs S&P 500 | 0.80 | 1.43 |
| Max drawdown (3Y) | -54.5% | -64.5% |
| Market cap | $91.5B | $2.3B |
| P/E (trailing) | 43.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | MNST | TSAT |
|---|---|---|
| 2022 | +5.7% | -73.8% |
| 2023 | +13.5% | +39.1% |
| 2024 | -8.8% | +57.6% |
| 2025 | +45.9% | +77.0% |
| 2026 | -39.1% | +57.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MNST and TSAT good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MNST and TSAT?
The MNST/TSAT correlation stands at 0.40 on a 3-year window (1 year: 0.60, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is TSAT a good diversifier for MNST?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 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: MNST correlations · TSAT correlations
