BEEM vs. INSG
Compare and contrast key facts about Beam Global (BEEM) and Inseego Corp. (INSG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BEEM or INSG.
Correlation
The correlation between BEEM and INSG is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BEEM vs. INSG - Performance Comparison
Key characteristics
BEEM:
-0.75
INSG:
3.12
BEEM:
-1.10
INSG:
3.27
BEEM:
0.88
INSG:
1.43
BEEM:
-0.56
INSG:
3.79
BEEM:
-1.57
INSG:
19.04
BEEM:
34.52%
INSG:
19.87%
BEEM:
71.76%
INSG:
121.35%
BEEM:
-96.34%
INSG:
-99.92%
BEEM:
-96.10%
INSG:
-99.53%
Fundamentals
BEEM:
$42.40M
INSG:
$164.66M
BEEM:
-$0.97
INSG:
-$1.02
BEEM:
$60.88M
INSG:
$200.94M
BEEM:
$5.48M
INSG:
$63.55M
BEEM:
-$3.21M
INSG:
$14.52M
Returns By Period
In the year-to-date period, BEEM achieves a -59.38% return, which is significantly lower than INSG's 391.81% return. Over the past 10 years, BEEM has outperformed INSG with an annualized return of -9.14%, while INSG has yielded a comparatively lower -10.53% annualized return.
BEEM
-59.38%
-29.06%
-43.75%
-57.08%
-6.79%
-9.14%
INSG
391.81%
-12.96%
13.19%
391.14%
-31.70%
-10.53%
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Risk-Adjusted Performance
BEEM vs. INSG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Beam Global (BEEM) and Inseego Corp. (INSG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BEEM vs. INSG - Dividend Comparison
Neither BEEM nor INSG has paid dividends to shareholders.
Drawdowns
BEEM vs. INSG - Drawdown Comparison
The maximum BEEM drawdown since its inception was -96.34%, roughly equal to the maximum INSG drawdown of -99.92%. Use the drawdown chart below to compare losses from any high point for BEEM and INSG. For additional features, visit the drawdowns tool.
Volatility
BEEM vs. INSG - Volatility Comparison
Beam Global (BEEM) has a higher volatility of 22.64% compared to Inseego Corp. (INSG) at 15.61%. This indicates that BEEM's price experiences larger fluctuations and is considered to be riskier than INSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BEEM vs. INSG - Financials Comparison
This section allows you to compare key financial metrics between Beam Global and Inseego Corp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities