INSP vs. TCMD
Compare and contrast key facts about Inspire Medical Systems, Inc. (INSP) and Tactile Systems Technology, Inc. (TCMD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INSP or TCMD.
Correlation
The correlation between INSP and TCMD is 0.36, 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
INSP vs. TCMD - Performance Comparison
Key characteristics
INSP:
0.03
TCMD:
0.54
INSP:
0.52
TCMD:
1.13
INSP:
1.08
TCMD:
1.13
INSP:
0.03
TCMD:
0.28
INSP:
0.07
TCMD:
1.42
INSP:
25.29%
TCMD:
16.82%
INSP:
67.95%
TCMD:
44.39%
INSP:
-61.59%
TCMD:
-91.41%
INSP:
-42.42%
TCMD:
-77.72%
Fundamentals
INSP:
$5.71B
TCMD:
$429.31M
INSP:
$1.11
TCMD:
$0.65
INSP:
171.81
TCMD:
27.52
INSP:
$755.59M
TCMD:
$285.05M
INSP:
$640.54M
TCMD:
$206.43M
INSP:
$24.33M
TCMD:
$28.13M
Returns By Period
In the year-to-date period, INSP achieves a -7.70% return, which is significantly lower than TCMD's 18.88% return.
INSP
-7.70%
1.62%
15.58%
-3.71%
21.13%
N/A
TCMD
18.88%
6.65%
49.52%
18.47%
-24.77%
N/A
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Risk-Adjusted Performance
INSP vs. TCMD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Inspire Medical Systems, Inc. (INSP) and Tactile Systems Technology, Inc. (TCMD). 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
INSP vs. TCMD - Dividend Comparison
Neither INSP nor TCMD has paid dividends to shareholders.
Drawdowns
INSP vs. TCMD - Drawdown Comparison
The maximum INSP drawdown since its inception was -61.59%, smaller than the maximum TCMD drawdown of -91.41%. Use the drawdown chart below to compare losses from any high point for INSP and TCMD. For additional features, visit the drawdowns tool.
Volatility
INSP vs. TCMD - Volatility Comparison
The current volatility for Inspire Medical Systems, Inc. (INSP) is 10.58%, while Tactile Systems Technology, Inc. (TCMD) has a volatility of 16.47%. This indicates that INSP experiences smaller price fluctuations and is considered to be less risky than TCMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
INSP vs. TCMD - Financials Comparison
This section allows you to compare key financial metrics between Inspire Medical Systems, Inc. and Tactile Systems Technology, 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