QUCY vs SATL: Correlation
How closely do Quantum Cyber N.V. (QUCY) and Satellogic Inc. (SATL) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QUCY and SATL?
Across a 3-year window, the weekly returns of QUCY and SATL correlate at 0.43, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.20 versus 0.43 over 3 years. Stretching to 5 years gives 0.40, with an annualized covariance of 107847.2 %².
Within QUCY's tracked universe of 30 assets, SATL comes in at #7 by 3-year correlation. The last year tells two different stories: SATL led by 54.4 percentage points, -9.3% for QUCY against +45.1% for SATL. Risk is not evenly split, since QUCY carries 13.7 times the volatility of the other side.
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.
QUCY vs SATL: side by side
| QUCY (Quantum Cyber N.V.) | SATL (Satellogic Inc.) | |
|---|---|---|
| 1-year return | -9.3% | +45.1% |
| 5-year return | -94.4% | -45.8% |
| Volatility (ann.) | 1840.9% | 134.8% |
| Beta vs S&P 500 | 3.76 | 1.81 |
| Max drawdown (3Y) | -95.9% | -73.2% |
| Market cap | $0.1B | $0.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | QUCY | SATL |
|---|---|---|
| 2022 | -31.7% | -68.6% |
| 2023 | -83.7% | -42.6% |
| 2024 | +272.4% | +62.9% |
| 2025 | -74.1% | -34.4% |
| 2026 | +31.3% | +184.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QUCY and SATL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QUCY and SATL?
The QUCY/SATL correlation stands at 0.43 on a 3-year window (1 year: 0.20, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is SATL a good diversifier for QUCY?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: QUCY correlations · SATL correlations
