TCMD vs. INSP
Compare and contrast key facts about Tactile Systems Technology, Inc. (TCMD) and Inspire Medical Systems, Inc. (INSP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TCMD or INSP.
Correlation
The correlation between TCMD and INSP 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
TCMD vs. INSP - Performance Comparison
Key characteristics
TCMD:
0.63
INSP:
-0.08
TCMD:
1.24
INSP:
0.37
TCMD:
1.15
INSP:
1.06
TCMD:
0.32
INSP:
-0.09
TCMD:
1.62
INSP:
-0.20
TCMD:
17.02%
INSP:
26.03%
TCMD:
44.00%
INSP:
67.60%
TCMD:
-91.41%
INSP:
-61.59%
TCMD:
-77.19%
INSP:
-45.51%
Fundamentals
TCMD:
$417.55M
INSP:
$5.32B
TCMD:
$0.65
INSP:
$1.10
TCMD:
26.77
INSP:
161.53
TCMD:
$207.40M
INSP:
$563.09M
TCMD:
$150.42M
INSP:
$476.09M
TCMD:
$14.75M
INSP:
$8.27M
Returns By Period
In the year-to-date period, TCMD achieves a 1.58% return, which is significantly higher than INSP's -4.15% return.
TCMD
1.58%
1.16%
40.55%
25.81%
-22.19%
N/A
INSP
-4.15%
-4.17%
23.61%
-11.59%
16.63%
N/A
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Risk-Adjusted Performance
TCMD vs. INSP — Risk-Adjusted Performance Rank
TCMD
INSP
TCMD vs. INSP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tactile Systems Technology, Inc. (TCMD) and Inspire Medical Systems, Inc. (INSP). 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
TCMD vs. INSP - Dividend Comparison
Neither TCMD nor INSP has paid dividends to shareholders.
Drawdowns
TCMD vs. INSP - Drawdown Comparison
The maximum TCMD drawdown since its inception was -91.41%, which is greater than INSP's maximum drawdown of -61.59%. Use the drawdown chart below to compare losses from any high point for TCMD and INSP. For additional features, visit the drawdowns tool.
Volatility
TCMD vs. INSP - Volatility Comparison
The current volatility for Tactile Systems Technology, Inc. (TCMD) is 7.36%, while Inspire Medical Systems, Inc. (INSP) has a volatility of 18.95%. This indicates that TCMD experiences smaller price fluctuations and is considered to be less risky than INSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TCMD vs. INSP - Financials Comparison
This section allows you to compare key financial metrics between Tactile Systems Technology, Inc. and Inspire Medical Systems, 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