Chaince Digital (CD)
Market Price (9/27/2026): $5.32 | Market Cap: $415.2 MilSector: Financials | Industry: Diversified Capital Markets
Chaince Digital (CD)
Market Price (9/27/2026): $5.32Market Cap: $415.2 MilSector: FinancialsIndustry: Diversified Capital Markets
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 -10% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 65% Megatrend and thematic driversMegatrends include Crypto & Blockchain, and Digital & Alternative Assets. Themes include Blockchain Enterprise Solutions, Cryptocurrency Exchanges, Show more. | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -4.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -338% Expensive valuation multiplesP/SPrice/Sales ratio is 338x Weak revenue growthRev Chg QQuarterly Revenue Change % is -30% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 115% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -100%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -101% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 65% 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 -5.2% High stock price volatilityVol 12M is 169% Significant 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 23.54 |
| 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 -10% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 65% |
| Megatrend and thematic driversMegatrends include Crypto & Blockchain, and Digital & Alternative Assets. Themes include Blockchain Enterprise Solutions, Cryptocurrency Exchanges, Show more. |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -4.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -338% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 338x |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -30% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 115% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -100%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -101% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 65% |
| 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 -5.2% |
| High stock price volatilityVol 12M is 169% |
| Significant 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 23.54 |
Qualitative Assessment
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Updated on 9/24/2026
Chaince Digital (CD) stock has lost about 35% since 5/31/2026 because of the following key factors:
1. Continued Financial Underperformance and Widening Losses.
Chaince Digital (CD) continued to report significant losses, which likely contributed to the stock's decline. For fiscal Q1 2026 (ended March 31, 2026), the company's net loss widened 54% to -$1.09 million, with a loss per share deteriorating from -$0.011 in Q1 2025 to -$0.015. This trend persisted into fiscal Q2 2026 (ended June 30, 2026), where the net loss further widened by 34% to -$1.05 million compared to Q2 2025, resulting in a loss of $0.013 per share, worsening from a $0.012 loss in the prior year's second quarter.
2. Significant Shareholder Dilution.
The company experienced substantial shareholder dilution, with the total number of shares outstanding increasing by 81% over the past year. This dilution was further driven by a registered direct offering of approximately $16.2 million announced in August 2026, and a filing for a $300 million follow-on equity offering in August 2026. Such actions typically reduce the value of existing shares by increasing the total share count.
Show more
Chaince Digital (CD) stock has lost about 35% since 5/31/2026 because of the following key factors:
1. Continued Financial Underperformance and Widening Losses.
Chaince Digital (CD) continued to report significant losses, which likely contributed to the stock's decline. For fiscal Q1 2026 (ended March 31, 2026), the company's net loss widened 54% to -$1.09 million, with a loss per share deteriorating from -$0.011 in Q1 2025 to -$0.015. This trend persisted into fiscal Q2 2026 (ended June 30, 2026), where the net loss further widened by 34% to -$1.05 million compared to Q2 2025, resulting in a loss of $0.013 per share, worsening from a $0.012 loss in the prior year's second quarter.
2. Significant Shareholder Dilution.
The company experienced substantial shareholder dilution, with the total number of shares outstanding increasing by 81% over the past year. This dilution was further driven by a registered direct offering of approximately $16.2 million announced in August 2026, and a filing for a $300 million follow-on equity offering in August 2026. Such actions typically reduce the value of existing shares by increasing the total share count.
Show more
Updated on 9/24/2026
Chaince Digital (CD) stock has lost about 35% since 5/31/2026 because of the following key factors:
1. Continued Financial Underperformance and Widening Losses.
Chaince Digital (CD) continued to report significant losses, which likely contributed to the stock's decline. For fiscal Q1 2026 (ended March 31, 2026), the company's net loss widened 54% to -$1.09 million, with a loss per share deteriorating from -$0.011 in Q1 2025 to -$0.015. This trend persisted into fiscal Q2 2026 (ended June 30, 2026), where the net loss further widened by 34% to -$1.05 million compared to Q2 2025, resulting in a loss of $0.013 per share, worsening from a $0.012 loss in the prior year's second quarter.
2. Significant Shareholder Dilution.
The company experienced substantial shareholder dilution, with the total number of shares outstanding increasing by 81% over the past year. This dilution was further driven by a registered direct offering of approximately $16.2 million announced in August 2026, and a filing for a $300 million follow-on equity offering in August 2026. Such actions typically reduce the value of existing shares by increasing the total share count.
3. Removal from Russell Microcap Value Benchmark Index.
Chaince Digital Holdings Inc. was dropped from the Russell Microcap Value Benchmark Index on June 29, 2026. Removal from such an index can lead to forced selling by passive funds that track the index, thereby increasing selling pressure on the stock and contributing to its downward trend.
4. Persistent Negative Analyst Sentiment and Valuation Concerns.
Even prior to the specified period, in May 2026, analysts identified a "fundamental valuation disconnect" due to an "extraordinary" price-to-sales ratio based on Q1 2026 revenue. This negative sentiment continued, with the company being characterized in March and July 2026 as a "short seller's dream" and a stock "likely to lose money even if the bull market continues," reflecting ongoing skepticism about its financial health and unsustainable valuation.
Show less
Chaince Digital (CD) stock has lost about 35% since 5/31/2026 because of the following key factors:
1. Continued Financial Underperformance and Widening Losses.
Chaince Digital (CD) continued to report significant losses, which likely contributed to the stock's decline. For fiscal Q1 2026 (ended March 31, 2026), the company's net loss widened 54% to -$1.09 million, with a loss per share deteriorating from -$0.011 in Q1 2025 to -$0.015. This trend persisted into fiscal Q2 2026 (ended June 30, 2026), where the net loss further widened by 34% to -$1.05 million compared to Q2 2025, resulting in a loss of $0.013 per share, worsening from a $0.012 loss in the prior year's second quarter.
2. Significant Shareholder Dilution.
The company experienced substantial shareholder dilution, with the total number of shares outstanding increasing by 81% over the past year. This dilution was further driven by a registered direct offering of approximately $16.2 million announced in August 2026, and a filing for a $300 million follow-on equity offering in August 2026. Such actions typically reduce the value of existing shares by increasing the total share count.
3. Removal from Russell Microcap Value Benchmark Index.
Chaince Digital Holdings Inc. was dropped from the Russell Microcap Value Benchmark Index on June 29, 2026. Removal from such an index can lead to forced selling by passive funds that track the index, thereby increasing selling pressure on the stock and contributing to its downward trend.
4. Persistent Negative Analyst Sentiment and Valuation Concerns.
Even prior to the specified period, in May 2026, analysts identified a "fundamental valuation disconnect" due to an "extraordinary" price-to-sales ratio based on Q1 2026 revenue. This negative sentiment continued, with the company being characterized in March and July 2026 as a "short seller's dream" and a stock "likely to lose money even if the bull market continues," reflecting ongoing skepticism about its financial health and unsustainable valuation.
Show less
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Stock Movement Drivers
Fundamental Drivers
The -35.2% change in CD stock from 5/31/2026 to 9/26/2026 was primarily driven by a -55.3% change in the company's P/S Multiple.| (LTM values as of) | 5312026 | 9262026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.23 | 5.33 | -35.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1 | 1 | 78.4% |
| P/S Multiple | 757.6 | 338.4 | -55.3% |
| Shares Outstanding (Mil) | 63 | 78 | -18.7% |
| Cumulative Contribution | -35.2% |
Market Drivers
5/31/2026 to 9/26/2026| Return | Correlation | |
|---|---|---|
| CD | -35.2% | |
| Market (SPY) | 2.2% | 20.0% |
| Sector (XLF) | 6.7% | 7.4% |
Fundamental Drivers
The -9.2% change in CD stock from 2/28/2026 to 9/26/2026 was primarily driven by a -18.4% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 2282026 | 9262026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.87 | 5.33 | -9.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1 | 1 | 33.2% |
| P/S Multiple | 405.2 | 338.4 | -16.5% |
| Shares Outstanding (Mil) | 64 | 78 | -18.4% |
| Cumulative Contribution | -9.2% |
Market Drivers
2/28/2026 to 9/26/2026| Return | Correlation | |
|---|---|---|
| CD | -9.2% | |
| Market (SPY) | 13.0% | 23.6% |
| Sector (XLF) | 7.6% | 15.2% |
Fundamental Drivers
The -23.7% change in CD stock from 8/31/2025 to 9/26/2026 was primarily driven by a -99.3% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 9262026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.99 | 5.33 | -23.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1 | 1 | 65.0% |
| P/S Multiple | 46,463.4 | 338.4 | -99.3% |
| Shares Outstanding (Mil) | 4,953 | 78 | 6246.0% |
| Cumulative Contribution | -23.7% |
Market Drivers
8/31/2025 to 9/26/2026| Return | Correlation | |
|---|---|---|
| CD | -23.7% | |
| Market (SPY) | 20.9% | 21.6% |
| Sector (XLF) | 3.2% | 15.9% |
Fundamental Drivers
The 262.6% change in CD stock from 8/31/2023 to 9/26/2026 was primarily driven by a 6246.0% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 8312023 | 9262026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.47 | 5.33 | 262.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1 | 1 | 65.0% |
| P/S Multiple | 9,771.3 | 338.4 | -96.5% |
| Shares Outstanding (Mil) | 4,953 | 78 | 6246.0% |
| Cumulative Contribution | 262.6% |
Market Drivers
8/31/2023 to 9/26/2026| Return | Correlation | |
|---|---|---|
| CD | 262.6% | |
| Market (SPY) | 77.8% | 16.9% |
| Sector (XLF) | 67.3% | 16.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CD Return | -7% | 0% | -8% | 163% | -27% | 4% | 70% |
| Peers Return | 74% | -87% | 340% | 8% | 18% | 50% | 95% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 105% |
Monthly Win Rates [3] | |||||||
| CD Win Rate | 25% | 0% | 25% | 42% | 50% | 67% | |
| Peers Win Rate | 47% | 31% | 77% | 46% | 62% | 53% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 56% | |
Max Drawdowns [4] | |||||||
| CD Max Drawdown | -80% | 0% | -70% | -66% | -86% | -75% | |
| Peers Max Drawdown | -68% | -88% | -54% | -56% | -56% | -43% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: COIN, GLXY, RIOT, MARA, HUT.
[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 9/25/2026 (YTD)
How Low Can It Go
| Event | CD | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -58.7% | -18.8% |
| % Gain to Breakeven | 142.0% | 23.1% |
| Time to Breakeven | 103 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -12.7% | -7.8% |
| % Gain to Breakeven | 14.5% | 8.5% |
| Time to Breakeven | 46 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -62.7% | -9.5% |
| % Gain to Breakeven | 167.8% | 10.5% |
| Time to Breakeven | 36 days | 24 days |
| 2020 COVID-19 Crash | ||
| % Loss | -38.1% | -33.7% |
| % Gain to Breakeven | 61.5% | 50.9% |
| Time to Breakeven | 41 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -61.0% | -19.2% |
| % Gain to Breakeven | 156.6% | 23.8% |
| Time to Breakeven | 70 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -28.2% | -12.2% |
| % Gain to Breakeven | 39.3% | 13.9% |
| Time to Breakeven | 14 days | 62 days |
In The Past
Chaince Digital's stock fell -58.7% during the 2025 US Tariff Shock. Such a loss loss requires a 142.0% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | CD | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -58.7% | -18.8% |
| % Gain to Breakeven | 142.0% | 23.1% |
| Time to Breakeven | 103 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -62.7% | -9.5% |
| % Gain to Breakeven | 167.8% | 10.5% |
| Time to Breakeven | 36 days | 24 days |
| 2020 COVID-19 Crash | ||
| % Loss | -38.1% | -33.7% |
| % Gain to Breakeven | 61.5% | 50.9% |
| Time to Breakeven | 41 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -61.0% | -19.2% |
| % Gain to Breakeven | 156.6% | 23.8% |
| Time to Breakeven | 70 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -28.2% | -12.2% |
| % Gain to Breakeven | 39.3% | 13.9% |
| Time to Breakeven | 14 days | 62 days |
In The Past
Chaince Digital's stock fell -58.7% during the 2025 US Tariff Shock. Such a loss loss requires a 142.0% 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 Chaince Digital (CD)
Chaince Digital (CD) is a global leader in vehicle rental and mobility solutions, operating a vast network across approximately 10,400 locations worldwide. The company provides car and truck rentals, car sharing services, and a suite of related ancillary products to both businesses and individual consumers.
Its core offerings include vehicle rentals under well-known brands such as Avis, catering to premium commercial and leisure segments, and Budget, another prominent car rental brand. Chaince Digital also operates Budget Truck, a significant player in local and one-way truck and cargo van rentals for consumer and light commercial sectors, as well as Zipcar, a popular car-sharing network. Beyond these primary brands, the company manages several other regional car rental brands like Payless, Apex, and Maggiore.
In addition to vehicle access, Chaince Digital enhances its services with optional insurance products, fuel service options, roadside assistance, electronic toll collection, and various rental accessories such as navigation units and child safety seats. The company also offers specialized solutions like a Business Intelligence portal for corporate travel, serving a broad customer base from leisure travelers and everyday consumers to large businesses and light commercial enterprises.
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Brian Choi, Chief Executive Officer
Brian Choi was appointed Chief Executive Officer of Avis Budget Group in July 2025. Prior to this, he served as Executive Vice President and Chief Financial Officer from August 2020. He was also a partner at SRS Investment Management, LLC and served in various roles there from 2008 to 2020. Before that, he was an analyst in the Leveraged Finance Group at Lehman Brothers. Choi holds a Bachelor of Arts degree in Economics from Harvard University.
Daniel Cunha, Executive Vice President and Chief Financial Officer
Daniel Cunha became Executive Vice President and Chief Financial Officer of Avis Budget Group on July 1, 2025. He joined Avis Budget Group from Orion Services Group, a private equity-owned commercial field services company, where he served as CFO for a year. Previously, Cunha was the CFO of Ocean Spray from 2019 to 2023 and also served as CFO of Heinz North America. His career began as a consultant at McKinsey & Company, and he later worked in private equity with GP Investments. Cunha holds a degree in Mechanical and Aeronautical Engineering and an MBA from Harvard Business School.
Anna Pawlak-Kuliga, President, International
Ned Linnen, Executive Vice President and Chief Human Resources Officer
Ravi Simhambhatla, Executive Vice President and Chief Digital and Innovation Officer
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- The continued expansion and deepening market penetration of ride-sharing and ride-hailing services (e.g., Uber, Lyft) as alternatives to traditional car rentals for short-to-medium duration travel, urban mobility, and business trips.
- The rapid development and potential widespread deployment of autonomous vehicle fleets and robotaxis, which could offer highly convenient and potentially more cost-effective point-to-point transportation solutions, reducing the demand for self-driven rental cars.
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For Chaince Digital (symbol: CD), the addressable markets for its main products and services, based on the description of Avis Budget Group, Inc., are as follows:
Car Rental Market
- Global: The global car rental market was estimated at USD 149.87 billion in 2024 and is projected to reach USD 278.03 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 10.5% from 2025 to 2030.
- U.S.: The U.S. car rental market was valued at USD 37.88 billion in 2024 and is projected to grow at a CAGR of 7.5% from 2025 to 2030, reaching USD 56.27 billion by 2030.
Truck Rental Market
- Global: The global truck rental market size was estimated at USD 129.39 billion in 2024 and is projected to reach USD 199.58 billion by 2030, growing at a CAGR of 7.6% from 2025 to 2030.
- U.S.: The U.S. truck rental market generated a revenue of USD 22,139.5 million (USD 22.14 billion) in 2024 and is expected to reach USD 28,124.1 million (USD 28.12 billion) by 2030, growing at a CAGR of 4.2% from 2025 to 2030.
Car Sharing Market (Zipcar brand)
- Global: The global car sharing market size stood at USD 8.93 billion in 2024 and is predicted to reach USD 24.4 billion by 2033, advancing at a CAGR of 11.8% during 2025–2033.
- U.S.: The U.S. car sharing market size was valued at USD 3.1 billion in 2024 and is estimated to register a CAGR of 4.8% between 2025 and 2034, reaching USD 4.8 billion by 2034.
Car Rental Insurance Market (Ancillary Service)
- Global: The rental car insurance market is projected to reach a valuation of USD 14.68 billion by 2030. In 2025, this market is estimated at USD 10.59 billion, growing to USD 11.33 billion in 2026.
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For Chaince Digital (symbol: CD), the following are expected drivers of future revenue growth over the next 2-3 years:
- International Market Penetration: The company plans a significant expansion into Southeast Asia and Eastern Europe, driven by a $500 million investment, with a target of increasing international rental locations by 15% by the end of 2026. This geographic expansion is expected to bolster its global market position and revenue.
- Growth of Loyalty Programs: Aggressive growth in membership for its loyalty programs, Avis Preferred and Budget Fastbreak, which collectively exceeded 40 million members globally as of Q1 2025, is a core part of its customer retention strategy. This growth fosters a competitive advantage and is expected to drive repeat business and increased customer volume.
- Expansion of Premium Services: The launch and planned rollout of Avis First, a premium service offering a first-class rental experience, is a key growth initiative. This service, already live in some European airports, is expected to be operational in over 50 markets by the end of 2025, aiming to attract high-value travelers and increase revenue per day.
- Rideshare Partnerships: Partnerships with companies like Uber and Lyft, which provide flexible fleets for rideshare drivers, have diversified the business model and are a significant contributor to annual revenue, exceeding $2.8 billion. This segment represents a successful adaptation to new car rental industry trends and a continuing source of growth.
- Investment in Sustainable Mobility: The company's strategy includes increasing the proportion of fuel-efficient, low-emission, hybrid, and electric vehicles within its global fleet and investing in the necessary charging infrastructure. This focus on sustainable vehicles is expected to cater to evolving customer preferences and attract new customer segments, supporting future revenue growth.
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Peer Outperformance in Diversified Capital Markets
CD has outperformed 96% of its 23 Diversified Capital Markets peers over 5Y. Diversified Capital Markets ranks 18th of 18 industries in Financials by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Diversified Capital Markets constituents that CD has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
21%
of 39 industry peers · -70.7% return
3Y
93%
of 27 industry peers · 255.3% return
5Y
96%
of 23 industry peers · 121.2% return
No Diversified Capital Markets peer with a comparable growth profile has beaten CD by more than 20pp over 5Y.
Median price return by industry across the Financials sector, ranked by 5Y. Diversified Capital Markets is CD's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Reinsurance | 7 | 23.0% | 66.3% | 109.3% | SPNT 171% · RGA 145% · RNR 142% |
| Diversified Banks | 13 | 32.6% | 133.8% | 107.8% | CM 147% · RY 139% · JPM 133% |
| Investment Banking & Brokerage | 13 | -4.2% | 106.7% | 106.1% | IBKR 458% · SNEX 235% · HOOD 167% |
| Life & Health Insurance | 20 | 4.5% | 51.6% | 91.2% | JXN 515% · UNM 323% · FG 194% |
| Multi-Sector Holdings | 4 | 3.7% | 50.7% | 76.9% | JONE 362% · BRK-B 81% · VOYA 73% |
| Property & Casualty Insurance | 42 | 5.9% | 66.6% | 61.2% | ASIC 2714900% · HRTG 389% · UVE 296% |
| Regional Banks | 265 | 24.2% | 93.3% | 57.3% | ESQ 358% · BLX 340% · GCBC 298% |
| Multi-line Insurance | 9 | 4.1% | 67.9% | 53.9% | GNW 142% · L 98% · SLF 92% |
| Financial Exchanges & Data | 15 | -1.1% | 19.8% | 33.2% | VIRT 161% · CBOE 123% · CME 64% |
| Diversified Financial Services | 4 | -4.8% | 23.3% | 23.0% | FRHC 168% · EQH 100% · TMS -54% |
| Consumer Finance | 30 | -0.5% | 86.5% | 16.0% | ENVA 392% · EZPW 291% · FCFS 159% |
| Insurance Brokers | 16 | -21.2% | -9.6% | 12.7% | LIFE 246% · ARX 88% · AJG 60% |
| Commercial & Residential Mortgage Finance | 13 | -51.8% | 22.0% | 7.6% | FNMA 428% · FMCC 394% · ACT 170% |
| Asset Management & Custody Banks | 86 | -8.6% | 17.8% | 5.5% | WT 330% · SII 276% · VCTR 273% |
| Specialized Finance | 3 | 21.2% | 44.7% | -7.6% | EFC 23% · CACC -8% · HASI -20% |
| Mortgage REITs | 33 | -14.2% | 10.0% | -26.0% | NREF 54% · RITM 35% · DX 25% |
| Transaction & Payment Processing Services | 17 | 1.1% | -5.6% | -44.4% | V 66% · MA 64% · CPAY 47% |
| Diversified Capital Markets ← | 24 | -30.6% | 6.5% | -58.8% | OPY 190% · CD 121% · LPLA 100% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
Research & Analysis
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Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 23.62 |
| Mkt Cap | 6.4 |
| Rev LTM | 739 |
| Op Inc LTM | -91 |
| FCF LTM | -1,168 |
| FCF 3Y Avg | -727 |
| CFO LTM | -223 |
| CFO 3Y Avg | -81 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 24.6% |
| Rev Chg 3Y Avg | 42.4% |
| Rev Chg Q | -9.7% |
| QoQ Delta Rev Chg LTM | -2.2% |
| Op Inc Chg LTM | -37.8% |
| Op Inc Chg 3Y Avg | -59.9% |
| Op Mgn LTM | -59.6% |
| Op Mgn 3Y Avg | -59.8% |
| QoQ Delta Op Mgn LTM | -2.2% |
| CFO/Rev LTM | -50.6% |
| CFO/Rev 3Y Avg | -46.8% |
| FCF/Rev LTM | -127.5% |
| FCF/Rev 3Y Avg | -127.0% |
Price Behavior
Price Behavior
| Market Price | $5.33 | |
| Market Cap ($ Bil) | 0.4 | |
| First Trading Date | 01/12/1990 | |
| Distance from 52W High | -85.1% | |
| 50 Days | 200 Days | |
| DMA Price | $3.35 | $4.91 |
| DMA Trend | down | down |
| Distance from DMA | 59.1% | 8.5% |
| 3M | 1YR | |
| Volatility | 145.7% | 167.1% |
| Downside Capture | 140.05 | 339.18 |
| Upside Capture | 153.77 | 135.34 |
| Correlation (SPY) | 17.0% | 24.2% |
CD Betas & Captures as of 8/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.20 | 2.11 | 1.63 | 2.26 | 2.82 | 1.78 |
| Up Beta | -0.53 | -1.21 | -0.30 | 0.91 | 0.53 | 0.61 |
| Down Beta | 8.43 | 5.63 | 4.33 | 4.22 | 6.26 | 3.54 |
| Up Capture | 116% | 86% | -95% | 113% | 192% | 418% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 10 | 18 | 27 | 61 | 122 | 352 |
| Down Capture | 12% | 373% | 295% | 228% | 179% | 109% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 11 | 22 | 34 | 62 | 124 | 379 |
[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 CD | |
|---|---|---|---|---|
| CD | -58.0% | 168.9% | 0.29 | - |
| Sector ETF (XLF) | 3.6% | 14.7% | 0.02 | 19.1% |
| Equity (SPY) | 17.7% | 13.0% | 0.98 | 23.7% |
| Gold (GLD) | 14.7% | 29.3% | 0.46 | 11.7% |
| Commodities (DBC) | 44.3% | 20.7% | 1.66 | -2.7% |
| Real Estate (VNQ) | 4.5% | 13.6% | 0.07 | 11.0% |
| Bitcoin (BTCUSD) | -25.9% | 44.8% | -0.54 | 18.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CD | |
|---|---|---|---|---|
| CD | 42.9% | 160.3% | 1.04 | - |
| Sector ETF (XLF) | 9.7% | 18.4% | 0.39 | 15.0% |
| Equity (SPY) | 13.3% | 17.2% | 0.59 | 16.2% |
| Gold (GLD) | 19.2% | 18.8% | 0.83 | 1.9% |
| Commodities (DBC) | 10.8% | 19.6% | 0.43 | 0.1% |
| Real Estate (VNQ) | 0.9% | 18.9% | -0.06 | 5.8% |
| Bitcoin (BTCUSD) | 12.2% | 52.6% | 0.41 | 13.1% |
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 CD | |
|---|---|---|---|---|
| CD | -15.9% | 148.5% | 0.50 | - |
| Sector ETF (XLF) | 13.0% | 22.1% | 0.53 | 10.8% |
| Equity (SPY) | 15.5% | 17.9% | 0.73 | 13.7% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | 2.4% |
| Commodities (DBC) | 8.5% | 18.1% | 0.38 | 4.7% |
| Real Estate (VNQ) | 4.8% | 20.7% | 0.19 | 6.6% |
| Bitcoin (BTCUSD) | 63.8% | 66.2% | 1.03 | 6.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 6/3/2026| 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 | |||
| 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 |
|---|---|---|
| 06/30/2026 | 08/14/2026 | 10-Q |
| 03/31/2026 | 05/14/2026 | 10-Q |
| 12/31/2025 | 03/26/2026 | 10-K |
| 06/30/2025 | 12/10/2025 | 6-K |
| 12/31/2024 | 04/30/2025 | 20-F |
| 06/30/2024 | 12/05/2024 | 6-K |
| 12/31/2023 | 04/23/2024 | 20-F |
| 06/30/2023 | 12/28/2023 | 6-K |
| 12/31/2022 | 04/25/2023 | 20-F |
| 06/30/2022 | 12/29/2022 | 6-K |
| 12/31/2021 | 06/15/2022 | 20-F |
| 09/30/2021 | 01/05/2022 | 6-K |
| 06/30/2021 | 12/30/2021 | 6-K |
| 03/31/2021 | 06/04/2021 | 6-K |
| 12/31/2020 | 04/28/2021 | 20-F |
| 09/30/2020 | 11/27/2020 | 6-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/14/2026 | 10-Q |
| 03/31/2026 | 05/14/2026 | 10-Q |
| 12/31/2025 | 03/26/2026 | 10-K |
| 06/30/2025 | 12/10/2025 | 6-K |
| 12/31/2024 | 04/30/2025 | 20-F |
| 06/30/2024 | 12/05/2024 | 6-K |
| 12/31/2023 | 04/23/2024 | 20-F |
| 06/30/2023 | 12/28/2023 | 6-K |
| 12/31/2022 | 04/25/2023 | 20-F |
| 06/30/2022 | 12/29/2022 | 6-K |
| 12/31/2021 | 06/15/2022 | 20-F |
| 09/30/2021 | 01/05/2022 | 6-K |
| 06/30/2021 | 12/30/2021 | 6-K |
| 03/31/2021 | 06/04/2021 | 6-K |
| 12/31/2020 | 04/28/2021 | 20-F |
| 09/30/2020 | 11/27/2020 | 6-K |
| 06/30/2020 | 09/03/2020 | 6-K |
| 12/31/2019 | 06/12/2020 | 20-F |
| 09/30/2019 | 11/20/2019 | 6-K |
| 06/30/2019 | 08/02/2019 | 6-K |
| 12/31/2018 | 06/28/2019 | 20-F |
| 09/30/2018 | 11/30/2018 | 6-K |
| 06/30/2018 | 08/22/2018 | 6-K |
| 03/31/2018 | 05/31/2018 | 6-K |
| 12/31/2017 | 04/24/2018 | 20-F |
| 09/30/2017 | 11/24/2017 | 6-K |
| 06/30/2017 | 08/16/2017 | 6-K |
| 03/31/2017 | 06/20/2017 | 6-K |
Insider Activity
Updated 6/3/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 6032026 | 9.07 | 2,000 | 18,140 | 632,769 | Form |
| 2 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 6032026 | 8.53 | 2,000 | 17,060 | 612,155 | Form |
| 3 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 5212026 | 9.33 | 2,000 | 18,656 | 688,095 | Form |
| 4 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 5212026 | 9.66 | 4,000 | 38,623 | 731,564 | Form |
| 5 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 5212026 | 9.36 | 2,000 | 18,720 | 746,600 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 6032026 | 9.07 | 2,000 | 18,140 | 632,769 | Form |
| 2 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 6032026 | 8.53 | 2,000 | 17,060 | 612,155 | Form |
| 3 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 5212026 | 9.33 | 2,000 | 18,656 | 688,095 | Form |
| 4 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 5212026 | 9.66 | 4,000 | 38,623 | 731,564 | Form |
| 5 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 5212026 | 9.36 | 2,000 | 18,720 | 746,600 | Form |
| 6 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 12292025 | 6.13 | 1,500 | 9,195 | 347,951 | Form |
| 7 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 12292025 | 6.11 | 3,000 | 18,330 | 355,981 | Form |
| 8 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 11262025 | 13.78 | 4,470 | 61,609 | 905,964 | Form |
| 9 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 11122025 | 12.19 | 1,000 | 12,190 | 699,694 | Form |
| 10 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 10292025 | 11.48 | 1,800 | 20,664 | 670,421 | Form |
| 11 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 10292025 | 11.25 | 100 | 1,125 | 677,239 | Form |
| 12 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 10242025 | 11.13 | 200 | 2,226 | 392,889 | Form |
| 13 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 10242025 | 9.52 | 300 | 2,856 | 337,960 | Form |
| 14 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 10212025 | 12.96 | 1,000 | 12,960 | 463,968 | Form |
| 15 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 10212025 | 11.98 | 1,000 | 11,980 | 440,864 | Form |
| 16 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 10212025 | 12.60 | 500 | 6,300 | 476,280 | Form |
| 17 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 10162025 | 11.37 | 2,170 | 24,673 | 435,471 | Form |
| 18 | Daye, Wilfred Zhongkei | CSO | Direct | Sell | 10162025 | 14.87 | 1,195 | 17,770 | 601,789 | Form |
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Diversified Capital Markets Resources |
| International Financing Review (IFR) |
| Financial News |
| Global Capital |
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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Core Cache Last Updated: 9/26/2026