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IMMR vs NSIT: Correlation

Measured on weekly returns over the past three years, Immersion Corporation (IMMR) and Insight Enterprises, Inc. (NSIT) carry a correlation of 0.44, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.44
moderate
Correlation (1Y)
0.47
last 12 months
Correlation (5Y)
0.35
long-run
Ann. covariance
650.8
%² · weekly, annualized

How correlated are IMMR and NSIT?

Across a 3-year window, the weekly returns of IMMR and NSIT correlate at 0.44, moderate. Recent behaviour matches the longer record: 0.47 over 1 year against 0.44 over 3. Stretching to 5 years gives 0.35, with an annualized covariance of 650.8 %².

Few assets follow IMMR as closely as NSIT, which ranks #3 of 12 tracked partners. The trailing year gives NSIT the advantage: +16.1% versus +21.4%, a 5.3-point spread.

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.

IMMR vs NSIT: side by side

IMMR (Immersion Corporation)NSIT (Insight Enterprises, Inc.)
1-year return+16.1%+21.4%
5-year return+17.7%+51.9%
Volatility (ann.)38.6%38.2%
Beta vs S&P 5001.141.35
Max drawdown (3Y)-56.9%-71.4%
Market cap$0.3B$4.6B
P/E (trailing)55.622.5
Dividend yield3.12%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: NSIT 22.5 vs 55.6Higher yield: IMMR 3.12% vs 0.00%Smaller drawdown: IMMR -56.9% vs -71.4%Higher 5y return: NSIT +51.9% vs +17.7%
-48%0%+22%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). IMMR · NSIT

Year-by-year returns

YearIMMRNSIT
2022+23.1%-5.9%
2023+3.4%+76.7%
2024+26.5%-14.2%
2025-18.3%-46.4%
2026+18.6%+91.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are IMMR and NSIT good diversifiers for each other?

Reasonably. At 0.44, IMMR and NSIT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between IMMR and NSIT?

Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.47 over the last year and 0.35 over 5 years.

Is NSIT a good diversifier for IMMR?

Reasonably. At 0.44, IMMR and NSIT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.44 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/immr-vs-nsit.json

IMMR vs NSIT: 3-year weekly correlation 0.44IMMR vs NSIT0.44

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Related comparisons

Hubs: IMMR correlations · NSIT correlations