SATL vs TARA: Correlation
Measured on weekly returns over the past three years, Satellogic Inc. (SATL) and Protara Therapeutics, Inc. (TARA) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SATL and TARA?
Across a 3-year window, the weekly returns of SATL and TARA correlate at 0.37, moderate. The past 12 months show a weaker link (0.08) than the 3-year average (0.37). Stretching to 5 years gives 0.30, with an annualized covariance of 4674.6 %².
In SATL's tracked universe of 11 assets, TARA sits right near the top at #3. Correlation aside, the last 12 months split them widely, with SATL ahead by 21.6 points (+45.1% versus +23.5%).
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.
SATL vs TARA: side by side
| SATL (Satellogic Inc.) | TARA (Protara Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +45.1% | +23.5% |
| 5-year return | -45.8% | -49.9% |
| Volatility (ann.) | 134.8% | 93.1% |
| Beta vs S&P 500 | 1.81 | 1.19 |
| Max drawdown (3Y) | -73.2% | -66.5% |
| Market cap | $0.8B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SATL | TARA |
|---|---|---|
| 2022 | -68.6% | -60.3% |
| 2023 | -42.6% | -30.0% |
| 2024 | +62.9% | +181.6% |
| 2025 | -34.4% | +0.9% |
| 2026 | +184.0% | -25.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SATL and TARA good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between SATL and TARA?
The SATL/TARA correlation stands at 0.37 on a 3-year window (1 year: 0.08, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is TARA a good diversifier for SATL?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
A reading of 0.37 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/satl-vs-tara.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/satl-vs-tara/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SATL correlations · TARA correlations
