INSG vs. HLIT
INSG (Inseego Corp.) and HLIT (Harmonic Inc.) are both stocks. Both operate in the Communication Equipment industry within the Technology sector. Over the past 10 years, INSG returned -4.23%/yr vs 18.12%/yr for HLIT. At a 0.25 correlation, their price movements are largely independent.
Performance
INSG vs. HLIT - Performance Comparison
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Returns By Period
In the year-to-date period, INSG achieves a 0.49% return, which is significantly lower than HLIT's 51.26% return. Over the past 10 years, INSG has underperformed HLIT with an annualized return of -4.23%, while HLIT has yielded a comparatively higher 18.12% annualized return.
INSG
- 1D
- 0.10%
- 1M
- -17.37%
- YTD
- 0.49%
- 6M
- -2.64%
- 1Y
- 37.78%
- 3Y*
- 16.07%
- 5Y*
- -37.00%
- 10Y*
- -4.23%
HLIT
- 1D
- -0.80%
- 1M
- -1.58%
- YTD
- 51.26%
- 6M
- 50.05%
- 1Y
- 68.47%
- 3Y*
- -3.50%
- 5Y*
- 13.11%
- 10Y*
- 18.12%
INSG vs. HLIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INSG Inseego Corp. | 0.49% | 0.10% | 366.79% | -73.91% | -85.55% | -62.31% | 111.05% | 76.63% | 157.76% | -34.02% |
HLIT Harmonic Inc. | 51.26% | -25.25% | 1.46% | -0.46% | 11.39% | 59.13% | -5.26% | 65.25% | 12.38% | -16.00% |
Correlation
The correlation between INSG and HLIT is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2000 | 0.25 |
The correlation between INSG and HLIT shifts across timeframes, from 0.25 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
INSG:
$168.80M
HLIT:
$1.65B
INSG:
$0.84
HLIT:
-$0.37
INSG:
0.95
HLIT:
3.37
INSG:
$168.85M
HLIT:
$500.34M
INSG:
$64.27M
HLIT:
$260.72M
INSG:
$22.85M
HLIT:
$46.11M
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Return for Risk
INSG vs. HLIT — Risk / Return Rank
INSG
HLIT
INSG vs. HLIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Inseego Corp. (INSG) and Harmonic Inc. (HLIT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| INSG | HLIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.29 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 3.07 | -2.31 |
| Martin ratioReturn relative to average drawdown | 1.38 | 7.73 | -6.34 |
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Drawdowns
INSG vs. HLIT - Drawdown Comparison
The maximum INSG drawdown since its inception was -99.92%, roughly equal to the maximum HLIT drawdown of -99.32%. Use the drawdown chart below to compare losses from any high point for INSG and HLIT.
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Drawdown Indicators
| INSG | HLIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.92% | -99.32% | -0.60% |
Max Drawdown (1Y)Largest decline over 1 year | -50.12% | -22.44% | -27.68% |
Max Drawdown (3Y)Largest decline over 3 years | -79.31% | -50.45% | -28.86% |
Max Drawdown (5Y)Largest decline over 5 years | -98.29% | -55.14% | -43.15% |
Max Drawdown (10Y)Largest decline over 10 years | -99.13% | -55.14% | -43.99% |
Current DrawdownCurrent decline from peak | -99.55% | -90.18% | -9.37% |
Average DrawdownAverage peak-to-trough decline | -96.26% | -84.34% | -11.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.38% | 8.89% | +18.49% |
Volatility
INSG vs. HLIT - Volatility Comparison
The current volatility for Inseego Corp. (INSG) is 27.52%, while Harmonic Inc. (HLIT) has a volatility of 29.85%. This indicates that INSG experiences smaller price fluctuations and is considered to be less risky than HLIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INSG | HLIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.52% | 29.85% | -2.33% |
Volatility (6M)Calculated over the trailing 6-month period | 57.75% | 39.15% | +18.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 76.93% | 47.53% | +29.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.80% | 48.41% | +46.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.93% | 50.63% | +33.30% |
Dividends
INSG vs. HLIT - Dividend Comparison
Neither INSG nor HLIT has paid dividends to shareholders.
Financials
INSG vs. HLIT - Financials Comparison
This section allows you to compare key financial metrics between Inseego Corp. and Harmonic Inc.. 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
INSG vs. HLIT - Profitability Comparison
INSG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Inseego Corp. reported a gross profit of 16.60M and revenue of 34.34M. Therefore, the gross margin over that period was 48.3%.
HLIT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Harmonic Inc. reported a gross profit of 63.62M and revenue of 121.70M. Therefore, the gross margin over that period was 52.3%.
INSG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Inseego Corp. reported an operating income of -3.57M and revenue of 34.34M, resulting in an operating margin of -10.4%.
HLIT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Harmonic Inc. reported an operating income of 20.45M and revenue of 121.70M, resulting in an operating margin of 16.8%.
INSG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Inseego Corp. reported a net income of 10.56M and revenue of 34.34M, resulting in a net margin of 30.8%.
HLIT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Harmonic Inc. reported a net income of 7.31M and revenue of 121.70M, resulting in a net margin of 6.0%.
Frequently Asked Questions
INSG and HLIT have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HLIT has higher volatility (29.85%) compared to INSG (27.52%). In terms of maximum drawdown, INSG dropped -99.92% vs HLIT's -99.32%.
HLIT currently has the higher Sharpe Ratio (1.45 vs 0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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