AlphaTON Capital (ATON)
Market Price (2/15/2026): $0.51 | Market Cap: $1.3 MilSector: Financials | Industry: Asset Management & Custody Banks
AlphaTON Capital (ATON)
Market Price (2/15/2026): $0.51Market Cap: $1.3 MilSector: FinancialsIndustry: Asset Management & Custody Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -250% | Weak multi-year price returns2Y Excs Rtn is -132%, 3Y Excs Rtn is -165% | Penny stockMkt Price is 0.5 |
| Megatrend and thematic driversMegatrends include Digital & Alternative Assets. Themes include Private Equity, Private Credit, and Venture Capital. | Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 | |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -12 Mil | ||
| 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 -2939% | ||
| High stock price volatilityVol 12M is 208% | ||
| Significant short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 69% | ||
| Key risksATON key risks include [1] severe financial instability and a lack of profitability, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -250% |
| Megatrend and thematic driversMegatrends include Digital & Alternative Assets. Themes include Private Equity, Private Credit, and Venture Capital. |
| Weak multi-year price returns2Y Excs Rtn is -132%, 3Y Excs Rtn is -165% |
| Penny stockMkt Price is 0.5 |
| Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -12 Mil |
| 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 -2939% |
| High stock price volatilityVol 12M is 208% |
| Significant short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 69% |
| Key risksATON key risks include [1] severe financial instability and a lack of profitability, Show more. |
Qualitative Assessment
AI Analysis | Feedback
AlphaTON Capital (ATON) stock has lost about 90% since 10/31/2025 because of the following key factors:
1. Significant Share Dilution from Registered Direct Offering
AlphaTON Capital announced a registered direct offering on January 13, 2026, to sell 15,000,000 ordinary shares at a price of $1.00 per share to raise $15 million. Given that the company's 52-week high was $15.82, this offering at a substantially lower price would have led to significant dilution for existing shareholders, creating strong downward pressure on the stock price.
2. Poor Financial Performance and Declining Earnings
The company reported negative earnings for both the fiscal year 2025 ending March 31, 2025, with a -91% growth to -$6.8M, and for the trailing 12 months ending September 30, 2025, at -$14.9M. This consistent decline in earnings, contrasting with an industry average growth for biotechs, indicates fundamental profitability issues that would significantly erode investor confidence.
Show more
1. Significant Share Dilution from Registered Direct Offering
AlphaTON Capital announced a registered direct offering on January 13, 2026, to sell 15,000,000 ordinary shares at a price of $1.00 per share to raise $15 million. Given that the company's 52-week high was $15.82, this offering at a substantially lower price would have led to significant dilution for existing shareholders, creating strong downward pressure on the stock price.
2. Poor Financial Performance and Declining Earnings
The company reported negative earnings for both the fiscal year 2025 ending March 31, 2025, with a -91% growth to -$6.8M, and for the trailing 12 months ending September 30, 2025, at -$14.9M. This consistent decline in earnings, contrasting with an industry average growth for biotechs, indicates fundamental profitability issues that would significantly erode investor confidence.
Show more
Stock Movement Drivers
Fundamental Drivers
The -90.1% change in ATON stock from 10/31/2025 to 2/15/2026 was primarily driven by a -57.1% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 10312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.14 | 0.51 | -90.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | ∞ | ∞ | 0.0% |
| Shares Outstanding (Mil) | 1 | 3 | -57.1% |
| Cumulative Contribution | 0.0% |
Market Drivers
10/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| ATON | -89.9% | |
| Market (SPY) | -0.0% | -1.9% |
| Sector (XLF) | -1.4% | -13.4% |
Fundamental Drivers
The -91.4% change in ATON stock from 7/31/2025 to 2/15/2026 was primarily driven by a -57.1% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 7312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.96 | 0.51 | -91.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | ∞ | ∞ | 0.0% |
| Shares Outstanding (Mil) | 1 | 3 | -57.1% |
| Cumulative Contribution | 0.0% |
Market Drivers
7/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| ATON | -91.3% | |
| Market (SPY) | 8.2% | 11.5% |
| Sector (XLF) | -1.1% | -5.2% |
Fundamental Drivers
The -88.4% change in ATON stock from 1/31/2025 to 2/15/2026 was primarily driven by a -57.1% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 1312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.41 | 0.51 | -88.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | ∞ | ∞ | 0.0% |
| Shares Outstanding (Mil) | 1 | 3 | -57.1% |
| Cumulative Contribution | 0.0% |
Market Drivers
1/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| ATON | -88.2% | |
| Market (SPY) | 14.3% | 6.6% |
| Sector (XLF) | 1.4% | 1.6% |
Fundamental Drivers
The -99.5% change in ATON stock from 1/31/2023 to 2/15/2026 was primarily driven by a -66.6% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 1312023 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 103.00 | 0.51 | -99.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | ∞ | ∞ | 0.0% |
| Shares Outstanding (Mil) | 1 | 3 | -66.6% |
| Cumulative Contribution | 0.0% |
Market Drivers
1/31/2023 to 2/15/2026| Return | Correlation | |
|---|---|---|
| ATON | -99.5% | |
| Market (SPY) | 74.0% | 9.2% |
| Sector (XLF) | 47.7% | 6.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ATON Return | -45% | -51% | -66% | -86% | -88% | -16% | -100% |
| Peers Return | 66% | -84% | 420% | 85% | -20% | -16% | 76% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -0% | 82% |
Monthly Win Rates [3] | |||||||
| ATON Win Rate | 50% | 17% | 33% | 25% | 42% | 50% | |
| Peers Win Rate | 48% | 31% | 71% | 46% | 54% | 25% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| ATON Max Drawdown | -45% | -59% | -79% | -94% | -89% | -18% | |
| Peers Max Drawdown | -9% | -84% | -2% | -41% | -43% | -24% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: MSTR, MARA, RIOT, COIN.
[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 2/13/2026 (YTD)
How Low Can It Go
| Event | ATON | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -97.5% | -25.4% |
| % Gain to Breakeven | 3827.5% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -43.3% | -33.9% |
| % Gain to Breakeven | 76.5% | 51.3% |
| Time to Breakeven | 74 days | 148 days |
| 2018 Correction | ||
| % Loss | -100.0% | -19.8% |
| % Gain to Breakeven | 617900.0% | 24.7% |
| Time to Breakeven | 193 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -93.3% | -56.8% |
| % Gain to Breakeven | 1400.0% | 131.3% |
| Time to Breakeven | 530 days | 1,480 days |
Compare to MSTR, MARA, RIOT, COIN
In The Past
AlphaTON Capital's stock fell -97.5% during the 2022 Inflation Shock from a high on 6/17/2021. A -97.5% loss requires a 3827.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About AlphaTON Capital (ATON)
Portage Biotech Inc., together with its subsidiaries, researches and develops pharmaceutical and biotechnology products. The company's product includes IMM60, an iNKT cell activator; IMM65, a PLGA-nanoparticle combined with a NY-ESO-1 peptide vaccine; INT230-6 that is in Phase I/II clinical trials for the treatment of solid tumors; STING, a small molecule that binds to the stimulator of interferon genes in cancer; CellPorter, a cell permeable peptide platform technology derived from human proteins; PPL-003, an ophthalmic solution; and SBI-101, a blood-conditioning technology to restore balance to the immune system after acute vital organ injury, such as acute kidney injury. It also focuses on nanolipogel technology for use in immune-oncology; and antibodies against a novel T-cell for use as a monotherapy and combination therapy for solid and haematological malignancies. In addition, the company develops antibodies implicated in the inflammatory tumor and tumor-infiltrating immune cell microenvironments; and FOXO4-P53 modulator and C-RAF inhibitor. Portage Biotech Inc. is based in Tortola, British Virgin Islands.
AI Analysis | Feedback
Morgan Stanley for Russia, Charles Schwab for Russia, Goldman Sachs for the Russian investment market
AI Analysis | Feedback
Assuming AlphaTON Capital (ATON) operates as a financial services and investment firm based on its name, its major services would likely include:- Investment Management: Manages diverse portfolios of securities, including stocks, bonds, and alternative assets, for institutional and individual clients.
- Wealth Management: Provides comprehensive financial planning, investment advice, and bespoke financial services to high-net-worth individuals and families.
- Corporate Advisory: Offers strategic guidance to corporations on mergers, acquisitions, divestitures, initial public offerings (IPOs), and capital raising activities.
- Private Equity Investments: Deploys capital into private companies or acquires public companies to take them private, aiming to enhance value over a multi-year investment horizon.
AI Analysis | Feedback
Major Customers of AlphaTON Capital (ATON)
AlphaTON Capital (symbol: ATON) is presented as a public company. Based on its name, "AlphaTON Capital" is indicative of a financial services firm likely engaged in areas such as asset management, investment banking, and wealth management. For such a diversified financial institution, institutional clients often represent the primary major customer base due to the large sums of capital managed and significant transaction fees generated.
Given that AlphaTON Capital (ATON) is a hypothetical entity for which specific real-world customer data is unavailable, the following are descriptions of the types of major institutional customers it would primarily serve:
- Pension Funds and Endowments: These are large institutional investors, including corporate and public pension funds, university endowments, and charitable foundations. They seek sophisticated asset management services for long-term growth and preservation of capital to meet their future liabilities or philanthropic goals. These entities represent significant mandates in terms of assets under management. (As these are categories of institutions, specific public company symbols for individual customer names are not applicable.)
- Sovereign Wealth Funds (SWFs): State-owned investment funds that manage national reserves for various objectives, such as economic stabilization, future generations, or strategic investments. Due to their immense size and global investment mandates, SWFs often require a broad range of investment advisory, asset management, and execution services. (As these are categories of institutions, specific public company symbols for individual customer names are not applicable.)
- Corporations (Public and Private): AlphaTON Capital would serve other businesses by providing investment banking services. This includes advising on mergers and acquisitions (M&A), facilitating initial public offerings (IPOs) and secondary equity offerings, structuring debt financing, and offering other strategic financial advisory services. These relationships are often project-based but involve substantial fees. (As these are categories of companies engaging services, specific public company symbols for individual customer names are not applicable for the customer type itself.)
While a firm like AlphaTON Capital would also cater to high-net-worth and ultra-high-net-worth individuals through its wealth management divisions, the scale of assets and transaction values associated with the institutional clients described above typically positions them as the primary major customers for a firm branded "Capital."
AI Analysis | Feedback
null
AI Analysis | Feedback
Brittany Kaiser Chief Executive Officer
Brittany Kaiser is internationally recognized for her leadership in digital rights, data sovereignty, and ethical innovation in Web3. As CEO of AlphaTON Capital, she drives investments in early-stage blockchain and AI ventures that prioritize transparency, user empowerment, and regulatory clarity. She is also involved in AlphaTON Capital's legacy business, which advances potentially first-in-class therapies targeting checkpoint resistance pathways, and provides strategic counsel for the development of novel immunotherapy assets. Kaiser focuses on integrating digital assets into financial systems, notably through blockchain-based asset tokenization for cancer research funding.
Wes Levitt Chief Financial Officer
Wes Levitt was appointed Chief Financial Officer of AlphaTON Capital on October 24, 2025. He brings a distinguished background in finance, investment management, and blockchain strategy. Prior to AlphaTON, Levitt served as Co-CIO at Alpha Sigma Capital Advisors, where he was responsible for investment strategy, asset allocation, and portfolio oversight for a prominent blockchain industry fund. He also held the position of Head of Strategy at Theta Labs, where he led global corporate strategy, marketing, analytics, and token infrastructure initiatives, contributing to the scaling of a recognized decentralized video and data delivery platform.
Enzo Villani Executive Chairman and Chief Investment Officer
Enzo Villani serves as AlphaTON Capital's Executive Chairman and Chief Investment Officer. His responsibilities include network validation and staking operations, the development of Telegram-based applications, and strategic investments in TON-based decentralized finance protocols, gaming platforms, and business applications. He has highlighted the significance of confidential compute architecture, such as Cocoon's, in meeting market demands for private AI inference.
Yury Mitin Chief Business Development Officer
Yury Mitin is the Chief Business Development Officer at AlphaTON Capital. He is part of the leadership team overseeing the company's focus on the Telegram ecosystem and the management of TON tokens.
AI Analysis | Feedback
The key risks to AlphaTON Capital (ATON) are:- Weak Financial Health and Lack of Profitability: AlphaTON Capital exhibits significant financial challenges, including currently reporting zero revenue and negative earnings per share of -$64.67, indicating substantial losses. The company's financial health is rated as weak with a GF Score of 41, and it has a negative debt-to-equity ratio of -0.23, suggesting potential instability. Furthermore, its profitability measures are concerning, with a negative return on assets of -37.71%, highlighting ineffective asset utilization. The company also faces a negative price-to-book ratio of -50.76 and a low Piotroski F-Score of 3, both pointing to poor operational health and market perception. Total liabilities also overshadow total assets.
- Cryptocurrency Market Volatility and Regulatory Uncertainty: As a specialized digital asset company primarily focused on managing a strategic reserve of TON tokens and developing the Telegram ecosystem, AlphaTON Capital is highly exposed to the inherent volatility of cryptocurrency markets. This exposure is further emphasized by the company's beta of -1.26, indicating high volatility and an inverse correlation with market movements. Additionally, the digital asset sector is subject to evolving regulatory developments, which could significantly impact AlphaTON Capital's operations and financial performance.
- Risks Associated with AI Technology Development and Adoption: AlphaTON Capital is making substantial investments in decentralized AI computing and GPU infrastructure to support initiatives like the Telegram AI Cocoon. The success of these strategic initiatives is dependent on the successful development and widespread adoption of AI technologies, as well as overcoming technical challenges in infrastructure deployment. The rapidly evolving nature of AI technology and the competitive landscape pose significant risks to the realization of expected returns from these investments.
AI Analysis | Feedback
null
AI Analysis | Feedback
nullAI Analysis | Feedback
AlphaTON Capital (symbol: ATON) is expected to drive future revenue growth over the next 2-3 years through several key initiatives within the digital asset and fintech sectors. Here are the anticipated drivers of revenue growth:- Expansion within the TON Ecosystem and Telegram's User Base: AlphaTON Capital is strategically focused on building and managing a reserve of TON tokens and actively developing the Telegram ecosystem. The company aims to offer public market investors exposure to this ecosystem and Telegram's vast user platform. Growth in the adoption and activity within the TON ecosystem, coupled with the expansion of Telegram's user base, is expected to directly enhance the value of AlphaTON Capital's TON token reserves and the potential returns from its ecosystem investments.
- Strategic Partnerships and New Digital Asset/Fintech Offerings: AlphaTON Capital is pursuing growth through strategic acquisitions and joint ventures to expand its digital asset and fintech footprint. Recent developments include the acquisition of the crypto newswire Blockchain Wire to strengthen its position in digital asset communications within the Telegram ecosystem. Additionally, a strategic joint venture with Pago Pay and ALT5 Sigma aims to launch a crypto-enabled TON Mastercard. These initiatives are designed to introduce new revenue streams by broadening the company's services and market reach.
- Increased Engagement in Decentralized Finance (DeFi) and Tokenization: The company's involvement in discussions and presentations on topics like DeFi, tokenization, and digital asset treasuries, as highlighted by Brittany Kaiser's planned presentation at SALT London 2025, indicates a strategic focus on these emerging financial trends. As the DeFi and tokenization markets mature and gain wider adoption, AlphaTON Capital's specialized knowledge and service offerings in these areas are anticipated to attract increased demand, thereby boosting revenue.
- Returns from Validator Operations and Strategic Token Acquisition: AlphaTON Capital employs a comprehensive treasury strategy that includes direct acquisition of TON tokens and engaging in validator operations within the blockchain network. By acting as a validator, the company can earn fees for processing transactions and securing the TON blockchain. Profitable management and appreciation of its directly acquired TON token reserves also contribute to revenue generation, aligning with its strategy to create sustainable shareholder returns.
AI Analysis | Feedback
I apologize, but I couldn't find sufficient specific information regarding AlphaTON Capital (symbol: ATON) and its capital allocation decisions over the last 3-5 years based on the available search results. Therefore, I cannot generate the summary you requested.Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| 8-Day Sell-Off Sends AlphaTON Capital Stock Down 60% | 12/19/2025 | |
| AlphaTON Capital Stock In Shambles: Down 48% With 7-Day Losing Streak | 12/18/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 15.28 |
| Mkt Cap | 5.3 |
| Rev LTM | 637 |
| Op Inc LTM | -41 |
| FCF LTM | -1,477 |
| FCF 3Y Avg | -821 |
| CFO LTM | -314 |
| CFO 3Y Avg | -132 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 31.5% |
| Rev Chg 3Y Avg | 38.6% |
| Rev Chg Q | 51.3% |
| QoQ Delta Rev Chg LTM | 8.9% |
| Op Mgn LTM | -29.8% |
| Op Mgn 3Y Avg | -32.1% |
| QoQ Delta Op Mgn LTM | 6.1% |
| CFO/Rev LTM | -51.0% |
| CFO/Rev 3Y Avg | -25.1% |
| FCF/Rev LTM | -200.0% |
| FCF/Rev 3Y Avg | -165.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 5.3 |
| P/S | 7.3 |
| P/EBIT | 3.5 |
| P/E | 4.8 |
| P/CFO | -6.3 |
| Total Yield | 3.1% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -22.3% |
| D/E | 0.2 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -30.2% |
| 3M Rtn | -33.9% |
| 6M Rtn | -49.4% |
| 12M Rtn | -53.1% |
| 3Y Rtn | 140.3% |
| 1M Excs Rtn | -27.3% |
| 3M Excs Rtn | -44.8% |
| 6M Excs Rtn | -55.3% |
| 12M Excs Rtn | -64.1% |
| 3Y Excs Rtn | 68.1% |
Price Behavior
Price Behavior
| Market Price | $0.52 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 01/03/2007 | |
| Distance from 52W High | -95.6% | |
| 50 Days | 200 Days | |
| DMA Price | $0.87 | $4.98 |
| DMA Trend | down | down |
| Distance from DMA | -40.1% | -89.6% |
| 3M | 1YR | |
| Volatility | 190.4% | 209.2% |
| Downside Capture | 621.26 | 240.04 |
| Upside Capture | -467.87 | -14.27 |
| Correlation (SPY) | -5.2% | 6.3% |
ATON Betas & Captures as of 1/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -6.00 | -3.74 | -1.24 | 1.73 | 0.65 | 1.30 |
| Up Beta | -10.28 | -13.75 | -5.48 | -0.89 | 0.47 | 1.58 |
| Down Beta | -9.25 | -5.03 | -1.10 | 2.91 | 0.23 | 1.12 |
| Up Capture | 3% | -419% | -365% | -98% | 0% | 3% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 9 | 14 | 18 | 43 | 101 | 318 |
| Down Capture | -148% | 472% | 425% | 327% | 152% | 113% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 11 | 27 | 43 | 81 | 149 | 424 |
[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 ATON | |
|---|---|---|---|---|
| ATON | -89.3% | 208.0% | -0.27 | - |
| Sector ETF (XLF) | 1.6% | 19.3% | -0.04 | 1.0% |
| Equity (SPY) | 14.0% | 19.4% | 0.55 | 6.3% |
| Gold (GLD) | 74.3% | 25.3% | 2.17 | 13.5% |
| Commodities (DBC) | 7.0% | 16.7% | 0.24 | 8.2% |
| Real Estate (VNQ) | 7.9% | 16.6% | 0.28 | 2.4% |
| Bitcoin (BTCUSD) | -29.8% | 44.9% | -0.65 | 14.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ATON | |
|---|---|---|---|---|
| ATON | -73.8% | 182.1% | -0.07 | - |
| Sector ETF (XLF) | 12.4% | 18.7% | 0.54 | 7.8% |
| Equity (SPY) | 13.3% | 17.0% | 0.62 | 10.3% |
| Gold (GLD) | 22.1% | 17.0% | 1.06 | 4.0% |
| Commodities (DBC) | 10.5% | 18.9% | 0.44 | 4.7% |
| Real Estate (VNQ) | 5.2% | 18.8% | 0.18 | 10.9% |
| Bitcoin (BTCUSD) | 8.3% | 57.2% | 0.37 | 8.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ATON | |
|---|---|---|---|---|
| ATON | -41.7% | 158.8% | 0.28 | - |
| Sector ETF (XLF) | 13.8% | 22.2% | 0.57 | 8.4% |
| Equity (SPY) | 15.6% | 17.9% | 0.75 | 10.7% |
| Gold (GLD) | 15.3% | 15.6% | 0.82 | 3.1% |
| Commodities (DBC) | 8.1% | 17.6% | 0.38 | 5.7% |
| Real Estate (VNQ) | 6.4% | 20.7% | 0.27 | 10.2% |
| Bitcoin (BTCUSD) | 67.9% | 66.7% | 1.07 | 5.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 01/13/2026 | 6-K |
| 03/31/2025 | 07/25/2025 | 20-F |
| 09/30/2024 | 11/26/2024 | 6-K |
| 06/30/2024 | 08/27/2024 | 6-K |
| 03/31/2024 | 08/14/2024 | 20-F |
| 12/31/2023 | 02/28/2024 | 6-K |
| 09/30/2023 | 11/28/2023 | 6-K |
| 06/30/2023 | 08/30/2023 | 6-K |
| 03/31/2023 | 07/31/2023 | 20-F |
| 12/31/2022 | 03/01/2023 | 6-K |
| 09/30/2022 | 11/29/2022 | 6-K |
| 06/30/2022 | 08/29/2022 | 6-K |
| 03/31/2022 | 08/01/2022 | 20-F |
| 12/31/2021 | 02/25/2022 | 6-K |
| 09/30/2021 | 11/23/2021 | 6-K |
| 06/30/2021 | 08/30/2021 | 6-K |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.