Altisource Portfolio Solutions (ASPS)
Market Price (1/29/2026): $5.33 | Market Cap: $58.6 MilSector: Real Estate | Industry: Real Estate Services
Altisource Portfolio Solutions (ASPS)
Market Price (1/29/2026): $5.33Market Cap: $58.6 MilSector: Real EstateIndustry: Real Estate Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -55% | Weak multi-year price returns2Y Excs Rtn is -122%, 3Y Excs Rtn is -165% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 284% |
| Megatrend and thematic driversMegatrends include Smart Buildings & Proptech, Fintech & Digital Payments, and Automation & Robotics. Themes include Real Estate Data Analytics, Show more. | Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.54 | Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 801x |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -3.5%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3.5% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.0% | ||
| High stock price volatilityVol 12M is 666% | ||
| Key risksASPS key risks include [1] its substantial debt load, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -55% |
| Megatrend and thematic driversMegatrends include Smart Buildings & Proptech, Fintech & Digital Payments, and Automation & Robotics. Themes include Real Estate Data Analytics, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -122%, 3Y Excs Rtn is -165% |
| Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.54 |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 284% |
| Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 801x |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -3.5%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3.5% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.0% |
| High stock price volatilityVol 12M is 666% |
| Key risksASPS key risks include [1] its substantial debt load, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Q3 2025 Earnings Report Failed to Inspire Confidence. Altisource Portfolio Solutions S.A. reported its third-quarter 2025 earnings on October 23, 2025, where service revenue increased by 4% year-over-year to $39.7 million, and pre-tax losses improved significantly to $1.7 million from $8.5 million in the prior year. However, despite these improvements, the stock reacted negatively, declining by 2.65% in pre-market trading and closing at $11.4. This initial market reaction indicated that the results, while showing some operational improvement, were not strong enough to reverse negative sentiment.
2. Persistent Weakness in the Real Estate Market and Limited Foreclosure Activity. The company continued to face challenges from "weakening conditions in the real estate market, including higher inventory and extended sales timelines." While industry-wide foreclosure initiations saw an increase for the eight months ending August 31, 2025, compared to 2024, they remained substantially lower than pre-COVID-19 levels in 2019. This limited recovery in foreclosure-related business, a key segment for Altisource, likely contributed to investor apprehension.
Show more
Stock Movement Drivers
Fundamental Drivers
The -54.4% change in ASPS stock from 9/30/2025 to 1/28/2026 was primarily driven by a -54.7% change in the company's P/S Multiple.| (LTM values as of) | 9302025 | 1282026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.66 | 5.32 | -54.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 168 | 170 | 0.8% |
| P/S Multiple | 0.8 | 0.3 | -54.7% |
| Shares Outstanding (Mil) | 11 | 11 | -0.2% |
| Cumulative Contribution | -54.4% |
Market Drivers
9/30/2025 to 1/28/2026| Return | Correlation | |
|---|---|---|
| ASPS | -54.4% | |
| Market (SPY) | 4.4% | 2.8% |
| Sector (XLRE) | -3.0% | 1.3% |
Fundamental Drivers
The -37.6% change in ASPS stock from 6/30/2025 to 1/28/2026 was primarily driven by a -33.9% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 6302025 | 1282026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.53 | 5.32 | -37.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 164 | 170 | 3.4% |
| P/S Multiple | 0.4 | 0.3 | -8.8% |
| Shares Outstanding (Mil) | 7 | 11 | -33.9% |
| Cumulative Contribution | -37.6% |
Market Drivers
6/30/2025 to 1/28/2026| Return | Correlation | |
|---|---|---|
| ASPS | -37.6% | |
| Market (SPY) | 12.9% | 0.2% |
| Sector (XLRE) | -0.6% | -0.8% |
Fundamental Drivers
The 1.2% change in ASPS stock from 12/31/2024 to 1/28/2026 was primarily driven by a 180.2% change in the company's P/S Multiple.| (LTM values as of) | 12312024 | 1282026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.26 | 5.32 | 1.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 153 | 170 | 10.7% |
| P/S Multiple | 0.1 | 0.3 | 180.2% |
| Shares Outstanding (Mil) | 4 | 11 | -67.4% |
| Cumulative Contribution | 1.2% |
Market Drivers
12/31/2024 to 1/28/2026| Return | Correlation | |
|---|---|---|
| ASPS | 1.2% | |
| Market (SPY) | 19.7% | -2.3% |
| Sector (XLRE) | 2.8% | 2.8% |
Fundamental Drivers
The -93.0% change in ASPS stock from 12/31/2022 to 1/28/2026 was primarily driven by a -99.8% change in the company's Net Income Margin (%).| (LTM values as of) | 12312022 | 1282026 | Change |
|---|---|---|---|
| Stock Price ($) | 75.68 | 5.32 | -93.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 157 | 170 | 8.0% |
| Net Income Margin (%) | 18.1% | 0.0% | -99.8% |
| P/E Multiple | 5.3 | 800.8 | 14887.9% |
| Shares Outstanding (Mil) | 2 | 11 | -81.7% |
| Cumulative Contribution | -93.0% |
Market Drivers
12/31/2022 to 1/28/2026| Return | Correlation | |
|---|---|---|
| ASPS | -93.0% | |
| Market (SPY) | 88.6% | -1.5% |
| Sector (XLRE) | 21.4% | 3.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ASPS Return | -13% | -16% | -62% | -82% | 32% | -25% | -95% |
| Peers Return | 11% | -33% | 38% | -8% | 64% | 4% | 61% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 2% | 86% |
Monthly Win Rates [3] | |||||||
| ASPS Win Rate | 58% | 50% | 25% | 25% | 67% | 0% | |
| Peers Win Rate | 58% | 37% | 55% | 43% | 53% | 40% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | |
Max Drawdowns [4] | |||||||
| ASPS Max Drawdown | -55% | -20% | -68% | -86% | -85% | -25% | |
| Peers Max Drawdown | -18% | -46% | -13% | -27% | -13% | -6% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: FAF, FNF, CSGP, HOUS, ZG. See ASPS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 1/28/2026 (YTD)
How Low Can It Go
| Event | ASPS | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -82.7% | -25.4% |
| % Gain to Breakeven | 479.7% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -68.0% | -33.9% |
| % Gain to Breakeven | 212.8% | 51.3% |
| Time to Breakeven | Not Fully Recovered days | 148 days |
| 2018 Correction | ||
| % Loss | -64.5% | -19.8% |
| % Gain to Breakeven | 182.1% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
Compare to FAF, FNF, CSGP, HOUS, ZG
In The Past
Altisource Portfolio Solutions's stock fell -82.7% during the 2022 Inflation Shock from a high on 11/17/2022. A -82.7% loss requires a 479.7% gain to breakeven.
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About Altisource Portfolio Solutions (ASPS)
AI Analysis | Feedback
Here are two analogies to describe Altisource Portfolio Solutions (ASPS):
It's like a **Fidelity National Financial (FNF)** or **First American Financial (FAF)**, but focusing on the full mortgage lifecycle and specializing in managing distressed assets and foreclosures for banks and mortgage servicers.
Imagine a **CBRE (CBRE)** or **JLL (JLL)**, but highly specialized in managing and selling residential foreclosures and distressed real estate assets on behalf of banks and mortgage servicers.
AI Analysis | Feedback
- Mortgage Servicing Technology and Services: Provides integrated technology platforms and business process outsourcing solutions for various stages of the mortgage lifecycle, including originations, default, and loss mitigation. (Service Category: Financial Technology & Business Process Outsourcing)
- Real Estate Asset Management and Disposition: Offers comprehensive services for managing and selling real estate owned (REO) properties, encompassing property preservation, valuation, marketing, and closing. (Service Category: Real Estate Services)
- Title and Closing Services: Delivers title insurance, escrow, and settlement services to facilitate smooth and secure real estate transactions. (Service Category: Financial & Real Estate Services)
- Online Real Estate Auction Platform (Hubzu): Operates an online marketplace for the auction and sale of residential real estate, including distressed and traditional properties. (Service Category: E-commerce & Real Estate Services)
AI Analysis | Feedback
Altisource Portfolio Solutions (ASPS)
Altisource Portfolio Solutions primarily sells its services and solutions to other companies within the mortgage and real estate industries. Its business model is largely B2B (business-to-business).
Based on their financial filings (e.g., their most recent 10-K), Altisource has historically derived a significant portion of its revenue from a limited number of customers. The primary major customer disclosed by the company is:
- Ocwen Financial Corporation (OCN)
Ocwen Financial Corporation has consistently accounted for a substantial percentage of Altisource's consolidated revenue (e.g., 24-26% in recent fiscal years). While Altisource serves a broader range of mortgage servicers, lenders, investors, and other financial institutions, Ocwen is the only customer that individually accounted for 10% or more of their revenue in recent periods, making it their explicitly identified major customer.
AI Analysis | Feedback
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William B. Shepro Chairman and Chief Executive Officer
Mr. Shepro was appointed Chairman of the Altisource Board of Directors in May 2019 and Chief Executive Officer in July 2009. Prior to his time at Altisource, Mr. Shepro served as President and Chief Operating Officer of Ocwen Solutions, a business unit of Ocwen Financial Corporation (now Onity Group Inc.). From 2003 to 2009, he was President of Global Servicing Solutions, LLC, a joint venture between Ocwen and Merrill Lynch. He also held positions as Senior Vice President of Ocwen Recovery Group and Senior Vice President, Director and Senior Manager of Commercial Servicing at Ocwen, which he joined in 1997.
Michelle D. Esterman Chief Financial Officer
Ms. Esterman serves as Chief Financial Officer of Altisource, a role she assumed effective August 27, 2018, having previously served as CFO from March 2012 to October 2017 and as Executive Vice President, Finance since October 2017. Before joining Altisource, Ms. Esterman was a Senior Manager, Audit & Enterprise Risk Services for Deloitte & Touche, LLP, where she held various positions from 1996 to 2012, including a two-year rotation with Deloitte Touche Tohmatsu. She began her career at Georgia-Pacific Corporation in 1994. Ms. Esterman is a certified public accountant (Florida).
Gregory J. Ritts Chief Legal and Compliance Officer
Mr. Ritts has served as Chief Legal and Compliance Officer of Altisource since February 2018 and as General Counsel since joining the company in October 2014. Before Altisource, he was Senior Vice President, Deputy General Counsel of Publicis Groupe. His prior experience also includes roles as Global Vice President of Business Affairs and Corporate Development at Razorfish LLC, and various senior legal positions at aQuantive, Inc. and Microsoft Corporation.
Israel Meir Chief Strategy and Technology Officer
Mr. Meir serves as Chief Strategy and Technology Officer of Altisource. Prior to this role, he was President, Technology Services at Altisource. Before joining Altisource in February 2014, Mr. Meir worked as a principal at the Boston Consulting Group. He started his career as a software engineer at Polaroid's Imaging Science Lab.
Justin Demola SVP, Origination Solutions, President, Lenders One®
Mr. Demola leads the day-to-day operations and strategic execution for the Lenders One® Cooperative. He brings nearly 30 years of experience in mortgage, consulting, and business development. He joined Lenders One® in 2019 as Vice President, Sales, and later served as Managing Director. His previous leadership roles include Chief Operating Officer of MLB Residential Lending, LLC and President of The Hills Mortgage and Finance Company, LLC.
AI Analysis | Feedback
The key risks to Altisource Portfolio Solutions (ASPS) include its substantial debt load, its reliance on the cyclical foreclosure market, and significant customer concentration.
- High Debt Load and Financial Instability: Altisource Portfolio Solutions faces significant financial risk due to its excessive debt. Its net debt is approximately 60% higher than its market capitalization, and the company has a deeply negative net cash position. The operating income has not been sufficient to cover net interest expenses in recent years, making the debt burdensome if consistent profitability is not achieved. The company has a low interest coverage ratio, indicating vulnerability to rising interest rates. S&P Global Ratings downgraded Altisource, citing continuous cash loss from operations and concerns about its ability to repay its term loan. Macroaxis also estimates a high probability of bankruptcy for Altisource Portfolio Solutions.
- Reliance on the Foreclosure Market: Altisource's business model is countercyclical and heavily dependent on activity in the foreclosure market. Historically low residential mortgage delinquencies and foreclosures have created a strong headwind for the company's business performance. While there has been a recent short-term increase in foreclosures, sustained low rates would negatively impact its revenue and profitability.
- Customer Concentration: The company's annual 10-K report identifies a significant risk due to its reliance on two major customers, Onity and Rithm, for a substantial portion of its revenue. The potential termination or non-renewal of the Rithm Brokerage Agreement, in particular, poses a direct threat to Altisource's operations and revenue streams.
AI Analysis | Feedback
The rapid advancement and adoption of artificial intelligence (AI), machine learning, and advanced automation tools throughout the mortgage and real estate industries pose a clear emerging threat. These technologies are enabling more efficient, faster, and potentially cheaper alternatives for core services that Altisource Portfolio Solutions (ASPS) provides. Specifically:
- AI-driven Automated Valuation Models (AVMs): Increasingly sophisticated AVMs are being developed and adopted, leveraging vast data sets and machine learning to provide rapid, cost-effective property valuations that can reduce the reliance on traditional appraisals and valuations, a significant part of ASPS's business.
- Automation in Title and Closing Processes: AI and Robotic Process Automation (RPA) are streamlining and accelerating tasks such as title search, document analysis, and closing coordination. This automation can reduce manual labor, improve accuracy, and decrease turnaround times, potentially commoditizing or diminishing demand for ASPS's traditional title and closing services.
- Predictive Analytics and Automation in Default Management: Advanced analytics are helping mortgage servicers identify at-risk loans earlier and automate aspects of property preservation, inspection scheduling, and vendor management. This can lead to more efficient default management processes, potentially reducing the scope or profitability of ASPS's field services and default management offerings if they do not adequately integrate these technologies themselves.
This technological shift challenges ASPS's existing operational models and service delivery by offering superior efficiency and cost savings, similar to how digital streaming services disrupted traditional media distribution.
AI Analysis | Feedback
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AI Analysis | Feedback
Altisource Portfolio Solutions (ASPS) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market dynamics: * New Business Wins and Sales Pipeline Expansion: The company consistently emphasizes the impact of new business wins across both its Servicer and Real Estate and Origination segments. Altisource has reported significant sales wins and maintains a robust sales pipeline, which management expects to translate into increased annual service revenue once fully ramped. For example, new business wins in the Servicer and Real Estate segment were estimated to generate $4.7 million in annual service revenue on a stabilized basis over a couple of years as of Q1 2025, and the overall weighted average sales pipeline for the company was between $38 million and $47 million of potential estimated revenue on a stabilized basis by the end of 2024. * Growth of the Renovation Business: The renovation business is repeatedly highlighted as a significant driver of service revenue growth, particularly within the Servicer and Real Estate segment. This recently launched service is actively ramping up, with expectations for improving margins as it scales. * Expansion of Key Business Areas (Lenders One, Granite Construction Risk Management, Hubzu Marketplace, Foreclosure Trustee, Field Services, and Title): Altisource is strategically focusing on accelerating growth in specific business areas identified as having "tailwinds" and representing outsized growth opportunities. These include the Lenders One business within the Origination segment, Granite Construction Risk Management, Hubzu Marketplace, Foreclosure Trustee, Field Services, and Title services. The success of these initiatives is noted as not being dependent on increases in foreclosure starts or residential loan origination market growth. * Price Increases for Certain Services: Management has indicated that price increases for certain services have contributed to service revenue growth in previous quarters and are expected to continue to be a factor. * Potential Increase in Foreclosure Starts and Default Referrals: While mortgage delinquency rates have remained low, Altisource, with its countercyclical businesses, is positioned to benefit from any potential increases in loan delinquencies, foreclosure starts, and foreclosure sales. Stronger foreclosure starts and default referrals have already contributed to service revenue growth in the Servicer and Real Estate segment in recent quarters.AI Analysis | Feedback
Share Repurchases
- A share repurchase program authorizing up to $25.0 million of common stock was approved on December 10, 2019, with no expiration date.
- In the second quarter of 2020, Altisource repurchased $1.7 million of its common stock.
- As of December 31, 2023, approximately $21.5 million remained available under the December 2019 share repurchase authorization.
Outbound Investments
- Altisource completed the acquisition of certain assets of the mortgage servicer and real estate services business of Premium Assignment Corporation (PAC) in May 2022.
Capital Expenditures
- Capital expenditures were $4.0 million for the year ended December 31, 2023.
- Capital expenditures amounted to $5.3 million for the year ended December 31, 2022, and $3.5 million for the year ended December 31, 2021.
- The primary focus of capital expenditures includes investments in technology and product innovation.
Latest Trefis Analyses
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| ARTICLES |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 63.81 |
| Mkt Cap | 14.6 |
| Rev LTM | 3,056 |
| Op Inc LTM | -81 |
| FCF LTM | 149 |
| FCF 3Y Avg | 187 |
| CFO LTM | 418 |
| CFO 3Y Avg | 445 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 14.6% |
| Rev Chg 3Y Avg | 2.9% |
| Rev Chg Q | 16.4% |
| QoQ Delta Rev Chg LTM | 4.0% |
| Op Mgn LTM | -2.7% |
| Op Mgn 3Y Avg | -2.4% |
| QoQ Delta Op Mgn LTM | -0.4% |
| CFO/Rev LTM | 12.8% |
| CFO/Rev 3Y Avg | 16.9% |
| FCF/Rev LTM | 6.0% |
| FCF/Rev 3Y Avg | 7.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 14.6 |
| P/S | 1.1 |
| P/EBIT | 8.0 |
| P/E | 13.6 |
| P/CFO | 7.2 |
| Total Yield | 0.1% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 1.2% |
| D/E | 0.3 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -3.6% |
| 3M Rtn | -5.6% |
| 6M Rtn | -14.9% |
| 12M Rtn | -4.3% |
| 3Y Rtn | 15.7% |
| 1M Excs Rtn | -3.4% |
| 3M Excs Rtn | -13.8% |
| 6M Excs Rtn | -25.2% |
| 12M Excs Rtn | -22.4% |
| 3Y Excs Rtn | -57.3% |
Comparison Analyses
Price Behavior
| Market Price | $5.32 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 08/06/2009 | |
| Distance from 52W High | -64.6% | |
| 50 Days | 200 Days | |
| DMA Price | $7.23 | $9.11 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -26.5% | -41.6% |
| 3M | 1YR | |
| Volatility | 66.1% | 669.0% |
| Downside Capture | 151.08 | 25.76 |
| Upside Capture | -195.18 | 17.17 |
| Correlation (SPY) | -4.6% | -2.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.73 | -0.01 | 0.44 | 0.19 | -0.76 | -0.37 |
| Up Beta | 2.06 | 1.15 | -0.38 | 0.33 | -0.44 | -0.18 |
| Down Beta | -4.26 | -1.98 | 1.67 | 1.40 | 2.04 | 0.54 |
| Up Capture | -303% | -74% | -108% | -48% | 43% | -2% |
| Bmk +ve Days | 11 | 23 | 37 | 72 | 143 | 431 |
| Stock +ve Days | 10 | 19 | 30 | 60 | 117 | 333 |
| Down Capture | 359% | 135% | 132% | -2% | 52% | 98% |
| Bmk -ve Days | 11 | 18 | 27 | 55 | 108 | 320 |
| Stock -ve Days | 12 | 21 | 33 | 64 | 128 | 393 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ASPS | |
|---|---|---|---|---|
| ASPS | -12.0% | 669.0% | 0.91 | - |
| Sector ETF (XLRE) | -0.4% | 16.4% | -0.20 | 2.6% |
| Equity (SPY) | 17.1% | 19.3% | 0.69 | -2.6% |
| Gold (GLD) | 97.2% | 20.8% | 3.18 | -1.2% |
| Commodities (DBC) | 13.8% | 15.4% | 0.64 | -2.9% |
| Real Estate (VNQ) | 1.2% | 16.5% | -0.10 | 1.8% |
| Bitcoin (BTCUSD) | -12.7% | 39.6% | -0.25 | -4.3% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ASPS | |
|---|---|---|---|---|
| ASPS | -43.8% | 306.6% | 0.29 | - |
| Sector ETF (XLRE) | 5.4% | 19.0% | 0.19 | 2.9% |
| Equity (SPY) | 14.1% | 17.1% | 0.66 | 0.2% |
| Gold (GLD) | 23.2% | 15.8% | 1.19 | -0.0% |
| Commodities (DBC) | 12.6% | 18.8% | 0.54 | -0.2% |
| Real Estate (VNQ) | 4.7% | 18.8% | 0.16 | 3.0% |
| Bitcoin (BTCUSD) | 23.7% | 57.6% | 0.60 | -1.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ASPS | |
|---|---|---|---|---|
| ASPS | -31.0% | 221.6% | 0.21 | - |
| Sector ETF (XLRE) | 7.1% | 20.5% | 0.31 | 6.3% |
| Equity (SPY) | 16.0% | 17.9% | 0.77 | 5.0% |
| Gold (GLD) | 16.8% | 14.9% | 0.94 | -1.5% |
| Commodities (DBC) | 9.2% | 17.6% | 0.43 | 3.1% |
| Real Estate (VNQ) | 6.1% | 20.8% | 0.26 | 6.7% |
| Bitcoin (BTCUSD) | 70.9% | 66.5% | 1.10 | -0.6% |
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Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/23/2025 | 1.0% | -16.0% | -19.3% |
| 7/24/2025 | -4.6% | -24.5% | -4.9% |
| 3/13/2025 | 18.7% | 18.7% | 5.5% |
| 10/24/2024 | -14.4% | -15.1% | -46.2% |
| 7/25/2024 | 7.8% | 3.9% | -2.3% |
| 3/7/2024 | -1.7% | -9.2% | -41.3% |
| 10/26/2023 | -9.3% | -13.4% | -2.7% |
| 7/27/2023 | -17.0% | -13.2% | -35.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 9 | 6 | 6 |
| # Negative | 10 | 13 | 13 |
| Median Positive | 5.5% | 13.2% | 11.3% |
| Median Negative | -10.3% | -13.2% | -19.3% |
| Max Positive | 24.4% | 45.9% | 33.0% |
| Max Negative | -30.5% | -45.2% | -52.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 10/23/2025 | 10-Q |
| 06/30/2025 | 07/24/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 03/31/2025 | 10-K |
| 09/30/2024 | 10/24/2024 | 10-Q |
| 06/30/2024 | 07/25/2024 | 10-Q |
| 03/31/2024 | 04/25/2024 | 10-Q |
| 12/31/2023 | 03/07/2024 | 10-K |
| 09/30/2023 | 10/26/2023 | 10-Q |
| 06/30/2023 | 07/27/2023 | 10-Q |
| 03/31/2023 | 04/27/2023 | 10-Q |
| 12/31/2022 | 03/30/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 07/28/2022 | 10-Q |
| 03/31/2022 | 04/28/2022 | 10-Q |
| 12/31/2021 | 03/03/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Ritts, Gregory J | Chief Legal/Compliance Officer | Direct | Buy | 4092025 | 0.48 | 20,000 | 9,600 | 130,580 | Form |
| 2 | Shepro, William B | Chairman and CEO | Direct | Buy | 4012025 | 0.48 | 210,498 | 101,039 | 149,039 | Form |
| 3 | Esterman, Michelle D | Chief Financial Officer | Direct | Buy | 4012025 | 0.48 | 210,498 | 101,039 | 317,880 | Form |
| 4 | Deer, Park Road Management Company, Lp | See Footnotes | Sell | 3052025 | 0.76 | 3,815 | 2,917 | 2,571,216 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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