Camp4 Therapeutics (CAMP)
Market Price (5/23/2026): $4.51 | Market Cap: $261.2 MilSector: Health Care | Industry: Biotechnology
Camp4 Therapeutics (CAMP)
Market Price (5/23/2026): $4.51Market Cap: $261.2 MilSector: Health CareIndustry: Biotechnology
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 -37% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 161% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27% | Weak multi-year price returns2Y Excs Rtn is -99%, 3Y Excs Rtn is -138% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -52 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1323% Stock price has recently run up significantly12M Rtn12 month market price return is 125% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 117% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -667%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -667% 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 -37% High stock price volatilityVol 12M is 120% Key risksCAMP key risks include [1] a limited cash runway necessitating substantial additional financing, 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 -37% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 161% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27% |
| Weak multi-year price returns2Y Excs Rtn is -99%, 3Y Excs Rtn is -138% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -52 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1323% |
| Stock price has recently run up significantly12M Rtn12 month market price return is 125% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 117% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -667%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -667% |
| 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 -37% |
| High stock price volatilityVol 12M is 120% |
| Key risksCAMP key risks include [1] a limited cash runway necessitating substantial additional financing, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Positive Clinical and Regulatory Progress for Lead Candidate CMP-002.
Camp4 Therapeutics has made significant advancements with its lead investigational therapeutic candidate, CMP-002, designed for SYNGAP1-related disorder. The company submitted its first regulatory filing for a global Phase 1/2 clinical trial in Australia, with initiation anticipated in the second half of 2026. Additionally, CMP-002 received Orphan Designation from the European Medicines Agency (EMA), and an Orphan Drug Designation submission has been filed with the FDA in the U.S. New preclinical data presented on May 14, 2026, demonstrated that CMP-002 statistically improved seizure threshold and severity in a SYNGAP1 haploinsufficient mouse model, building on prior evidence of motor and behavioral benefits.
2. Strengthened Financial Position and Extended Cash Runway.
Camp4 Therapeutics reported a robust cash and cash equivalents position of $99.2 million as of March 31, 2026, with the company anticipating that its current funds will be sufficient to support planned activities into 2028. This strong liquidity was significantly bolstered by previous financing activities, including a $17.5 million collaboration payment from GlaxoSmithKline (GSK) in FY25.
Show more
Stock Movement Drivers
Fundamental Drivers
The 21.9% change in CAMP stock from 1/31/2026 to 5/22/2026 was primarily driven by a 150.2% change in the company's P/S Multiple.| (LTM values as of) | 1312026 | 5222026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.70 | 4.51 | 21.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4 | 4 | 3.5% |
| P/S Multiple | 26.5 | 66.4 | 150.2% |
| Shares Outstanding (Mil) | 27 | 58 | -52.9% |
| Cumulative Contribution | 21.9% |
Market Drivers
1/31/2026 to 5/22/2026| Return | Correlation | |
|---|---|---|
| CAMP | 21.9% | |
| Market (SPY) | 8.1% | 31.0% |
| Sector (XLV) | -2.7% | 17.7% |
Fundamental Drivers
The 8.4% change in CAMP stock from 10/31/2025 to 5/22/2026 was primarily driven by a 138.1% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 5222026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.16 | 4.51 | 8.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3 | 4 | 30.8% |
| P/S Multiple | 27.9 | 66.4 | 138.1% |
| Shares Outstanding (Mil) | 20 | 58 | -65.2% |
| Cumulative Contribution | 8.4% |
Market Drivers
10/31/2025 to 5/22/2026| Return | Correlation | |
|---|---|---|
| CAMP | 8.4% | |
| Market (SPY) | 9.9% | 24.6% |
| Sector (XLV) | 4.8% | 8.6% |
Fundamental Drivers
The 154.8% change in CAMP stock from 4/30/2025 to 5/22/2026 was primarily driven by a 503.4% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 4302025 | 5222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.77 | 4.51 | 154.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1 | 4 | 503.4% |
| P/S Multiple | 54.7 | 66.4 | 21.3% |
| Shares Outstanding (Mil) | 20 | 58 | -65.2% |
| Cumulative Contribution | 154.8% |
Market Drivers
4/30/2025 to 5/22/2026| Return | Correlation | |
|---|---|---|
| CAMP | 154.8% | |
| Market (SPY) | 36.0% | 17.0% |
| Sector (XLV) | 8.6% | 4.4% |
Fundamental Drivers
nullnull
Market Drivers
4/30/2023 to 5/22/2026| Return | Correlation | |
|---|---|---|
| CAMP | ||
| Market (SPY) | 86.3% | 15.4% |
| Sector (XLV) | 18.0% | 6.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CAMP Return | - | - | - | -51% | 17% | -28% | -59% |
| Peers Return | -22% | 11% | -35% | 92% | 139% | -32% | 75% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 9% | 98% |
Monthly Win Rates [3] | |||||||
| CAMP Win Rate | - | - | - | 33% | 50% | 40% | |
| Peers Win Rate | 42% | 52% | 33% | 48% | 62% | 32% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| CAMP Max Drawdown | - | - | - | - | -79% | -45% | |
| Peers Max Drawdown | -50% | -57% | -58% | -40% | -44% | -46% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: STOK, ARWR, ALNY, WVE, RNA. See CAMP 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 5/22/2026 (YTD)
How Low Can It Go
| Event | CAMP | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -68.0% | -18.8% |
| % Gain to Breakeven | 212.3% | 23.1% |
| Time to Breakeven | 180 days | 79 days |
In The Past
Camp4 Therapeutics's stock fell -68.0% during the 2025 US Tariff Shock. Such a loss loss requires a 212.3% 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.
| Event | CAMP | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -68.0% | -18.8% |
| % Gain to Breakeven | 212.3% | 23.1% |
| Time to Breakeven | 180 days | 79 days |
In The Past
Camp4 Therapeutics's stock fell -68.0% during the 2025 US Tariff Shock. Such a loss loss requires a 212.3% 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 Camp4 Therapeutics (CAMP)
AI Analysis | Feedback
Here are 1-3 brief analogies for Camp4 Therapeutics (CAMP):
- Ionis Pharmaceuticals, but for switching genes on.
- Alnylam Pharmaceuticals, but focused on turning genes *on* instead of off.
AI Analysis | Feedback
- RNA Actuating Platform (RAP Platform): A proprietary technology platform for identifying regulatory RNA sequences and designing antisense oligonucleotide (ASO) drug candidates to upregulate gene expression.
- CMP-CPS-001: A clinical-stage RNA Actuator product candidate in Phase 1 trials, designed to treat Urea Cycle Disorders (UCDs) by increasing the expression of the CPS1 enzyme.
- SYNGAP1 Program: A preclinical RNA Actuator program focused on developing therapeutics for SYNGAP1-related disorders.
AI Analysis | Feedback
Camp4 Therapeutics (CAMP) is a clinical-stage biopharmaceutical company focused on the discovery and development of novel therapeutics. As such, the company is currently in the research and development phase and does not have commercial products available for sale. Therefore, it does not currently have "major customers" in the traditional sense of entities purchasing its products or services.
However, if their product candidates receive regulatory approval and are commercialized, their ultimate "customers" would be patients. Based on the company's current development pipeline and stated goals, the categories of patients they aim to serve include:
- Patients with Urea Cycle Disorders (UCDs): These are individuals suffering from severe, inherited metabolic diseases caused by mutations in genes necessary to convert ammonia into urea. CMP-CPS-001 is their lead product candidate targeting this group.
- Patients with SYNGAP1-related disorders: This is their first preclinical program targeting individuals with this specific neurological disorder.
- Patients with a broad range of other genetic diseases characterized by deficient protein levels: This includes individuals with haploinsufficient diseases or recessive partial loss-of-function disorders, where a modest increase in protein expression can provide therapeutic benefit.
AI Analysis | Feedback
nullAI Analysis | Feedback
Josh Mandel-Brehm, President & Chief Executive Officer
Mr. Mandel-Brehm is the President & Chief Executive Officer of CAMP4 Therapeutics. He was appointed CEO in January 2017. Previously, he was an entrepreneur partner with Polaris Partners. Mr. Mandel-Brehm held key business development and operations leadership roles at Biogen and Genzyme. He co-founded Vico Therapeutics, where he currently serves as a board Director, and is also a board Director at ProMIS Neuroscience.
Kelly Gold, Chief Financial Officer
Ms. Gold is the Chief Financial Officer at CAMP4 Therapeutics. She joined CAMP4 in 2017 and was promoted to CFO in April 2022, after holding roles of increasing responsibility, including Chief Business Officer and SVP, Finance. At CAMP4, she has played a key role in raising a combined $90 million through company financings. Prior to CAMP4, Ms. Gold held various corporate finance and business planning roles at Biogen, providing financial leadership for late-stage and marketed rare disease programs. Before Biogen, she worked in the Healthcare and Latin American Investment Banking groups at Deutsche Bank, where she advised on M&A, public and private equity offerings, and leveraged finance transactions. She began her career as a mechanical engineer designing biocontainment systems.
Yuri Maricich, MD, Chief Medical Officer
Dr. Maricich serves as Chief Medical Officer at CAMP4. He is a licensed physician-scientist, clinical/therapeutic developer, investor, and strategist, with a background that includes clinical practice as an internal medicine physician.
Daniel Tardiff, PhD, Chief Scientific Officer
Dr. Tardiff was elevated to Chief Scientific Officer, effective October 1, 2025. He joined CAMP4 in 2023 and has been instrumental in leading the company's drug discovery efforts.
Michelle Gates, SVP, Chief People Officer
Ms. Gates was appointed to the newly created role of Senior Vice President and Chief People Officer in July 2021.
AI Analysis | Feedback
Key Risks to Camp4 Therapeutics
- Unproven Technology and Regulatory Uncertainty: Camp4's core RNA Actuating Platform (RAP Platform) and its approach of developing antisense oligonucleotides (ASOs) directed towards regulatory RNAs (regRNAs) to upregulate gene expression is unproven. No regulatory authorities have yet approved ASOs specifically targeting regRNAs, which creates significant uncertainty regarding the safety, efficacy, and eventual regulatory pathway for their product candidates.
- Early Stage of Product Development and High Risk of Clinical Trial Failure: Camp4 Therapeutics is in the early stages of product development. Their lead product candidate, CMP-CPS-001, is only in an ongoing Phase 1 clinical trial, and their SYNGAP1 program is preclinical. The success of their business depends heavily on the successful development and regulatory approval of their product candidates, a process that is lengthy, costly, and has a high rate of failure at each stage of clinical development.
AI Analysis | Feedback
nullAI Analysis | Feedback
Camp4 Therapeutics' lead product candidate, CMP-CPS-001, targets urea cycle disorders (UCDs).
The global market for urea cycle disorders treatment was estimated at $1.37 billion in 2025 and is projected to grow to $1.43 billion in 2026, with a compound annual growth rate (CAGR) of 3.8%. This market is expected to reach $1.71 billion by 2030, growing at a CAGR of 4.6%.
For SYNGAP1-related disorders, the other program in Camp4 Therapeutics' pipeline, a quantifiable addressable market size in monetary terms is not available. Therefore, the market size for SYNGAP1-related disorders is null.
AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for Camp4 Therapeutics (CAMP) over the next 2-3 years:
- Milestone payments from strategic partnerships for CMP-CPS-001: As Camp4 Therapeutics advances its lead product candidate, CMP-CPS-001 for Urea Cycle Disorders (UCDs), through clinical trials, successful data readouts (such as the anticipated Phase 1 data in Q1 and H2 2025) could attract strategic partners. These partnerships typically involve upfront payments and milestone payments tied to development and regulatory achievements, which would contribute to revenue within the specified timeframe.
- Upfront and research payments from collaborations leveraging the RNA Actuating Platform (RAP): Camp4 Therapeutics' proprietary RAP Platform, designed to identify and characterize regulatory RNAs for a broad range of genetic diseases, represents a valuable asset. Licensing this platform or entering into research collaborations with other pharmaceutical companies could generate revenue through upfront fees and ongoing research funding agreements.
- Milestone payments from the advancement of the SYNGAP1 program: The company expects to initiate final Good Laboratory Practice (GLP) toxicology studies for its SYNGAP1-related disorders program in 2025, paving the way for clinical trial applications. Progression of this program into clinical development could lead to partnership opportunities and associated milestone payments, contributing to future revenue growth.
- Out-licensing of additional preclinical assets identified by the RAP Platform: Beyond its lead programs, Camp4 Therapeutics' RAP Platform has the potential to identify numerous novel regulatory RNA targets and generate new preclinical candidates for various genetic diseases. The out-licensing of these early-stage assets to other companies for further development could provide revenue through upfront payments and future milestones.
AI Analysis | Feedback
Share Repurchases
- Camp4 Therapeutics has not reported significant share repurchase activity over the last 3-5 years.
Share Issuance
- The number of shares outstanding for Camp4 Therapeutics increased by 547.76% in one year, indicating substantial share issuance.
- In October 2024, Camp4 Therapeutics completed an Initial Public Offering (IPO), pricing $75 million at $11 per share.
- The company also completed a follow-on equity offering of $30 million and filed for another follow-on offering of $100 million.
Inbound Investments
- In December 2025, Camp4 Therapeutics signed a research, collaboration, and license agreement with GSK, receiving an upfront payment of $17.5 million.
- The agreement with GSK also includes eligibility for up to $440 million in milestones and tiered royalties on future net sales for neurodegenerative and kidney disease indications.
- Camp4 Therapeutics received approximately $100.17 million in funding from various investors, including Janus Henderson Investors, Balyasny Asset Management L.P., Vivo Capital, LLC, Adage Capital Management, L.P., Trails Edge Capital Partners, LLC, and SYNGAP Research Fund.
Capital Expenditures
- Camp4 Therapeutics Corporation's Capital Expenditure was -$279.0 thousand in 2025, reflecting a 36.7% year-over-year increase.
- In the last 12 months (as of March 2026), capital expenditures were -$279,000.
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to CAMP.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04302026 | GEHC | GE HealthCare Technologies | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 04302026 | IQV | IQVIA | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 04302026 | UHS | Universal Health Services | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 04302026 | ABT | Abbott Laboratories | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 04302026 | ZBIO | Zenas BioPharma | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 21.21 |
| Mkt Cap | 1.6 |
| Rev LTM | 52 |
| Op Inc LTM | -132 |
| FCF LTM | -62 |
| FCF 3Y Avg | -112 |
| CFO LTM | -53 |
| CFO 3Y Avg | -66 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 14.1% |
| Rev Chg 3Y Avg | 331.2% |
| Rev Chg Q | 50.8% |
| QoQ Delta Rev Chg LTM | 12.5% |
| Op Inc Chg LTM | -56.6% |
| Op Inc Chg 3Y Avg | -50.7% |
| Op Mgn LTM | -294.9% |
| Op Mgn 3Y Avg | -308.5% |
| QoQ Delta Op Mgn LTM | 4.0% |
| CFO/Rev LTM | -267.4% |
| CFO/Rev 3Y Avg | -211.6% |
| FCF/Rev LTM | -274.5% |
| FCF/Rev 3Y Avg | -314.3% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 1.6 |
| P/S | 17.5 |
| P/Op Inc | -5.8 |
| P/EBIT | -5.8 |
| P/E | -5.0 |
| P/CFO | -8.4 |
| Total Yield | -11.8% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -2.7% |
| D/E | 0.0 |
| Net D/E | -0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -4.2% |
| 3M Rtn | -13.0% |
| 6M Rtn | -4.8% |
| 12M Rtn | 64.8% |
| 3Y Rtn | 61.3% |
| 1M Excs Rtn | -10.5% |
| 3M Excs Rtn | -23.6% |
| 6M Excs Rtn | -14.6% |
| 12M Excs Rtn | 38.8% |
| 3Y Excs Rtn | -15.8% |
Price Behavior
| Market Price | $4.51 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 10/11/2024 | |
| Distance from 52W High | -36.7% | |
| 50 Days | 200 Days | |
| DMA Price | $4.52 | $4.24 |
| DMA Trend | up | indeterminate |
| Distance from DMA | -0.2% | 6.3% |
| 3M | 1YR | |
| Volatility | 121.6% | 120.9% |
| Downside Capture | 316.49 | 134.64 |
| Upside Capture | 239.13 | 190.02 |
| Correlation (SPY) | 30.4% | 18.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.37 | 2.84 | 2.55 | 2.18 | 1.59 | 0.40 |
| Up Beta | 1.58 | 1.48 | 2.10 | 2.47 | 0.70 | -0.21 |
| Down Beta | -2.98 | 1.98 | 2.82 | 4.41 | 3.06 | 0.36 |
| Up Capture | 74% | 352% | 309% | 142% | 252% | 22% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 10 | 17 | 28 | 58 | 116 | 168 |
| Down Capture | -14% | 326% | 209% | 109% | 96% | 102% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 9 | 23 | 32 | 61 | 126 | 206 |
[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 CAMP | |
|---|---|---|---|---|
| CAMP | 118.8% | 120.8% | 1.18 | - |
| Sector ETF (XLV) | 16.0% | 14.5% | 0.80 | 4.3% |
| Equity (SPY) | 29.5% | 12.0% | 1.86 | 18.4% |
| Gold (GLD) | 35.5% | 26.8% | 1.11 | 5.4% |
| Commodities (DBC) | 42.9% | 18.7% | 1.77 | -8.7% |
| Real Estate (VNQ) | 15.2% | 13.1% | 0.82 | 3.0% |
| Bitcoin (BTCUSD) | -29.5% | 41.7% | -0.73 | 16.4% |
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 CAMP | |
|---|---|---|---|---|
| CAMP | -16.6% | 150.6% | 0.28 | - |
| Sector ETF (XLV) | 5.7% | 14.7% | 0.21 | 6.3% |
| Equity (SPY) | 14.0% | 17.0% | 0.64 | 15.5% |
| Gold (GLD) | 18.8% | 18.0% | 0.85 | 5.3% |
| Commodities (DBC) | 10.4% | 19.4% | 0.42 | -7.9% |
| Real Estate (VNQ) | 3.8% | 18.8% | 0.10 | 10.5% |
| Bitcoin (BTCUSD) | 12.2% | 55.3% | 0.42 | 8.0% |
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 CAMP | |
|---|---|---|---|---|
| CAMP | -8.7% | 150.6% | 0.28 | - |
| Sector ETF (XLV) | 9.9% | 16.5% | 0.49 | 6.3% |
| Equity (SPY) | 15.7% | 17.9% | 0.75 | 15.5% |
| Gold (GLD) | 13.0% | 16.0% | 0.67 | 5.3% |
| Commodities (DBC) | 7.8% | 17.9% | 0.35 | -7.9% |
| Real Estate (VNQ) | 5.5% | 20.7% | 0.23 | 10.5% |
| Bitcoin (BTCUSD) | 67.2% | 66.9% | 1.06 | 8.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/7/2026 | 2.8% | 0.9% | |
| 11/6/2025 | -4.5% | -4.0% | 3.4% |
| 8/14/2025 | 7.7% | 2.6% | 71.0% |
| 3/27/2025 | -2.9% | -30.1% | -58.3% |
| 11/21/2024 | -6.4% | -17.1% | 31.1% |
| SUMMARY STATS | |||
| # Positive | 2 | 2 | 3 |
| # Negative | 3 | 3 | 1 |
| Median Positive | 5.3% | 1.8% | 31.1% |
| Median Negative | -4.5% | -17.1% | -58.3% |
| Max Positive | 7.7% | 2.6% | 71.0% |
| Max Negative | -6.4% | -30.1% | -58.3% |
Recent Forward Guidance [BETA]
Latest: Q1 2026 Earnings Reported 5/7/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2028 Cash Runway | Raised | Guidance: 0 for 2027 | |||||
Prior: Q3 2025 Earnings Reported 11/6/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2027 Cash Runway | |||||||
| 2025 Private Placement Proceeds | 100.00 Mil | ||||||
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 5am, Partners Vi, Llc | 5AM Ventures VII, L.P. | Buy | 9152025 | 1.53 | 2,941,176 | 4,499,999 | 4,499,999 | Form | |
| 2 | Polaris, Management CO Vii, Llc | See footnote | Buy | 9112025 | 1.53 | 1,307,189 | 1,999,999 | 4,323,015 | Form | |
| 3 | Nashat, Amir | See Footnote | Buy | 9112025 | 1.53 | 1,307,189 | 1,999,999 | 4,323,015 | Form | |
| 4 | Maricich, Yuri | Chief Medical Officer | Direct | Buy | 9112025 | 1.65 | 6,060 | 9,999 | 9,999 | Form |
| 5 | Gold, Kelly | Chief Financial Officer | Direct | Buy | 9112025 | 1.65 | 6,060 | 9,999 | 111,997 | Form |
Industry Resources
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.