Creative Media & Community Trust (CMCT)
Market Price (4/14/2026): $0.74 | Market Cap: $0.2 MilSector: Financials | Industry: Diversified Capital Markets
Creative Media & Community Trust (CMCT)
Market Price (4/14/2026): $0.74Market Cap: $0.2 MilSector: FinancialsIndustry: Diversified Capital Markets
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 -48% Megatrend and thematic driversMegatrends include Digital Content & Streaming, Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include Gaming Content & Platforms, Show more. | Weak multi-year price returns2Y Excs Rtn is -132%, 3Y Excs Rtn is -168% Meaningful 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 17% | Penny stockMkt Price is 0.9 Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 199029% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.3% Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -13% 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 -15707% High stock price volatilityVol 12M is 883% Key risksCMCT key risks include [1] the high execution risk and persistent financial strain of its strategic pivot to multifamily properties, 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 -48% |
| Megatrend and thematic driversMegatrends include Digital Content & Streaming, Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include Gaming Content & Platforms, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -132%, 3Y Excs Rtn is -168% |
| Meaningful 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 17% |
| Penny stockMkt Price is 0.9 |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 199029% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.3% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -13% |
| 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 -15707% |
| High stock price volatilityVol 12M is 883% |
| Key risksCMCT key risks include [1] the high execution risk and persistent financial strain of its strategic pivot to multifamily properties, Show more. |
Qualitative Assessment
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Creative Media & Community Trust (CMCT) stock has lost about 100% since 12/31/2025 because of the following key factors:
1. Repeated Reverse Stock Splits and Severe Share Price Decline Prior to Adjustment.
Creative Media & Community Trust (CMCT) implemented a 1-for-10 reverse stock split effective March 26, 2026, a corporate action often taken by companies to raise their per-share price and avoid delisting from exchanges. This followed an earlier 1-for-25 reverse stock split in April 2025, highlighting a prolonged struggle with its share price. Prior to the March 2026 reverse split, CMCT shares had already plummeted 97.95% over the preceding year, trading at approximately $0.13 per share.
2. Significant Share Dilution from Preferred Stock Redemptions.
In March 2026, CMCT redeemed several classes of its preferred stock by issuing a substantial number of new common shares. This action resulted in the issuance of over 261 million new common shares across two settlement dates in March 2026, which significantly diluted the ownership of existing common stockholders and materially altered the equity structure.
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1. Repeated Reverse Stock Splits and Severe Share Price Decline Prior to Adjustment.
Creative Media & Community Trust (CMCT) implemented a 1-for-10 reverse stock split effective March 26, 2026, a corporate action often taken by companies to raise their per-share price and avoid delisting from exchanges. This followed an earlier 1-for-25 reverse stock split in April 2025, highlighting a prolonged struggle with its share price. Prior to the March 2026 reverse split, CMCT shares had already plummeted 97.95% over the preceding year, trading at approximately $0.13 per share.
2. Significant Share Dilution from Preferred Stock Redemptions.
In March 2026, CMCT redeemed several classes of its preferred stock by issuing a substantial number of new common shares. This action resulted in the issuance of over 261 million new common shares across two settlement dates in March 2026, which significantly diluted the ownership of existing common stockholders and materially altered the equity structure.
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Stock Movement Drivers
Fundamental Drivers
The -97.5% change in CMCT stock from 12/31/2025 to 4/13/2026 was primarily driven by a -91.2% change in the company's P/S Multiple.| (LTM values as of) | 12312025 | 4132026 | Change |
|---|---|---|---|
| Stock Price ($) | 37.10 | 0.92 | -97.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 116 | 117 | 0.9% |
| P/S Multiple | 0.0 | 0.0 | -91.2% |
| Shares Outstanding (Mil) | 0 | 0 | -72.1% |
| Cumulative Contribution | -97.5% |
Market Drivers
12/31/2025 to 4/13/2026| Return | Correlation | |
|---|---|---|
| CMCT | -97.5% | |
| Market (SPY) | -5.4% | -26.9% |
| Sector (XLF) | -5.7% | -3.1% |
Fundamental Drivers
The -98.5% change in CMCT stock from 9/30/2025 to 4/13/2026 was primarily driven by a -94.6% change in the company's P/S Multiple.| (LTM values as of) | 9302025 | 4132026 | Change |
|---|---|---|---|
| Stock Price ($) | 62.30 | 0.92 | -98.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 118 | 117 | -1.2% |
| P/S Multiple | 0.0 | 0.0 | -94.6% |
| Shares Outstanding (Mil) | 0 | 0 | -72.1% |
| Cumulative Contribution | -98.5% |
Market Drivers
9/30/2025 to 4/13/2026| Return | Correlation | |
|---|---|---|
| CMCT | -98.5% | |
| Market (SPY) | -2.9% | -18.1% |
| Sector (XLF) | -3.8% | -1.3% |
Fundamental Drivers
The -98.5% change in CMCT stock from 3/31/2025 to 4/13/2026 was primarily driven by a -90.9% change in the company's P/S Multiple.| (LTM values as of) | 3312025 | 4132026 | Change |
|---|---|---|---|
| Stock Price ($) | 62.67 | 0.92 | -98.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 125 | 117 | -6.3% |
| P/S Multiple | 0.0 | 0.0 | -90.9% |
| Shares Outstanding (Mil) | 0 | 0 | -82.7% |
| Cumulative Contribution | -98.5% |
Market Drivers
3/31/2025 to 4/13/2026| Return | Correlation | |
|---|---|---|
| CMCT | -98.5% | |
| Market (SPY) | 16.3% | -6.5% |
| Sector (XLF) | 4.8% | 0.8% |
Fundamental Drivers
The -100.0% change in CMCT stock from 3/31/2023 to 4/13/2026 was primarily driven by a -99.7% change in the company's P/S Multiple.| (LTM values as of) | 3312023 | 4132026 | Change |
|---|---|---|---|
| Stock Price ($) | 8899.74 | 0.92 | -100.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 102 | 117 | 14.5% |
| P/S Multiple | 0.8 | 0.0 | -99.7% |
| Shares Outstanding (Mil) | 0 | 0 | -96.6% |
| Cumulative Contribution | -100.0% |
Market Drivers
3/31/2023 to 4/13/2026| Return | Correlation | |
|---|---|---|
| CMCT | -100.0% | |
| Market (SPY) | 63.3% | -4.3% |
| Sector (XLF) | 67.8% | 0.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CMCT Return | -47% | -30% | -18% | -93% | -93% | -99% | -100% |
| Peers Return | 20% | -43% | 11% | -3% | -24% | -24% | -58% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -0% | 81% |
Monthly Win Rates [3] | |||||||
| CMCT Win Rate | 33% | 42% | 33% | 17% | 25% | 0% | |
| Peers Win Rate | 58% | 37% | 47% | 45% | 43% | 25% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| CMCT Max Drawdown | -53% | -30% | -29% | -96% | -95% | -100% | |
| Peers Max Drawdown | -6% | -46% | -38% | -30% | -44% | -27% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: HPP, KRC, ARE, BXP, VNO.
[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 4/13/2026 (YTD)
How Low Can It Go
| Event | CMCT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -79.8% | -25.4% |
| % Gain to Breakeven | 394.2% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -58.9% | -33.9% |
| % Gain to Breakeven | 143.1% | 51.3% |
| Time to Breakeven | 310 days | 148 days |
| 2018 Correction | ||
| % Loss | -40.4% | -19.8% |
| % Gain to Breakeven | 67.9% | 24.7% |
| Time to Breakeven | 419 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -70.7% | -56.8% |
| % Gain to Breakeven | 241.8% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1,480 days |
Compare to HPP, KRC, ARE, BXP, VNO
In The Past
Creative Media & Community Trust's stock fell -79.8% during the 2022 Inflation Shock from a high on 1/22/2021. A -79.8% loss requires a 394.2% gain to breakeven.
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Asset Allocation
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About Creative Media & Community Trust (CMCT)
Creative Media & Community Trust Corporation is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United States (including improving and developing such assets). Its properties are primarily located in Los Angeles and the San Francisco Bay Area. Creative Media & Community Trust Corporation is operated by affiliates of CIM Group, L.P., a vertically-integrated owner and operator of real assets with multi-disciplinary expertise and in-house research, acquisition, credit analysis, development, finance, leasing, and onsite property management capabilities.
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Here are a few brief analogies for Creative Media & Community Trust (CMCT):
- Like Boston Properties, but with a sharper focus on modern and creative office spaces in top California markets like Los Angeles and the San Francisco Bay Area.
- Think of them as the "Ritz-Carlton" for high-end, creative office spaces in cities like Los Angeles and San Francisco.
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- Office Property Leasing: The company acquires, owns, and operates Class A and creative office assets, making these spaces available for lease to tenants primarily in metropolitan communities.
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Creative Media & Community Trust (CMCT) primarily serves other companies that lease its Class A and creative office assets. These customers are businesses and organizations requiring office space in metropolitan communities, particularly in Los Angeles and the San Francisco Bay Area.
The specific names of its major customer companies are not provided in the given background information.
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- CIM Group, L.P.
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```htmlDavid Thompson, Chief Executive Officer
Mr. Thompson is the Chief Executive Officer of Creative Media & Community Trust (CMCT). In March 2022, he articulated the company's strategic focus on investing in and developing next-generation creative offices and residential properties. CMCT is operated by affiliates of CIM Group, L.P.
Brandon Hill, Chief Financial Officer and Treasurer
Mr. Hill has served as the Chief Financial Officer and Treasurer of CMCT since November 2025, succeeding Barry N. Berlin. Prior to his current role, he was the 1st Vice President – Fund Accounting & Reporting for CIM Group, L.P. from March 2022. From 2018 to 2022, he held the position of Vice President – Financial Reporting at CIM Group, L.P. CIM Group, L.P., which operates CMCT, is a vertically-integrated owner and operator of real assets.
Shaul Kuba, Chief Investment Officer
Mr. Kuba was appointed Chief Investment Officer of CMCT in March 2023. He is also a board member of CMCT and a co-founder of CIM Group, L.P., the entity that operates CMCT. He brings extensive experience in creative office, multifamily, and mixed-use investment and development. CIM Group is described as a vertically-integrated owner and operator of real assets.
Richard S. Ressler, Chairman of the Board
Mr. Ressler serves as the Chairman of the Board of Creative Media & Community Trust Corporation. He is also a co-founder of CIM Group, L.P., which operates CMCT.
Avraham Shemesh, Director
Mr. Shemesh is a Director of Creative Media & Community Trust Corporation. He is also a co-founder of CIM Group, L.P., the company that operates CMCT.
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Key Risks to Creative Media & Community Trust (CMCT)
- Financial Distress: Creative Media & Community Trust faces significant financial challenges, including substantial net losses, negative funds from operations (FFO), and high leverage with net debt exceeding $500 million. The company reported a net loss of $(17.7) million for the fourth quarter of 2025 and a net loss attributable to common stockholders of $(61.6) million for the full year 2025. This ongoing financial strain creates a heavy interest burden relative to its equity base and impacts its overall financial stability.
- Underperformance of the Office Portfolio and Commercial Real Estate Market Headwinds: The company's legacy office portfolio continues to be a significant drag on Net Operating Income (NOI). Office occupancy rates were low, at 73.6% in Q3 2025 and 74.8% as of December 31, 2025, in a broader commercial real estate market that remains weak. Decreased rental revenues and increased operating expenses, particularly in key markets like Los Angeles and San Francisco, contribute to this underperformance, with recovery dependent on broader market conditions and trends in remote work.
- Execution Risk of Strategic Portfolio Transformation: CMCT is undergoing a strategic shift, transitioning its focus to premier multifamily properties and divesting its lending business. While the sale of its lending division has been completed, the success of this overall transformation carries significant execution risk. This includes the ability to successfully identify, acquire, or develop multifamily properties on acceptable terms, secure necessary financing, and effectively manage the remaining office portfolio to prevent further liquidity cushion shrinkage if it continues to struggle.
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Reduced demand for traditional office space due to the widespread adoption of remote and hybrid work models.
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Creative Media & Community Trust (CMCT) is poised for future revenue growth over the next two to three years, driven by several strategic initiatives across its real estate portfolio. Here are 3-5 expected drivers of future revenue growth for CMCT: * Expansion and Stabilization of the Multifamily Portfolio: CMCT anticipates significant revenue growth from its expanding multifamily segment. The company has been actively acquiring and developing multifamily assets, with new Los Angeles developments expected to contribute to the portfolio by late 2024 and mid-2025, ultimately increasing the total unit count to 800. The multifamily segment has shown improving occupancy rates, reaching 86.2% in Q1 2024 from 79.3% at the end of 2023, and further climbing to 92.5% by the end of Q2 2024. Management believes there is a substantial opportunity to enhance net operating income (NOI) as occupancy rates continue to improve and newly developed properties are leased up. * Increased Occupancy and Rental Rates in the Office Segment: Despite challenges in the broader office market, CMCT has demonstrated positive traction in its office portfolio. The company experienced an increase in office segment NOI in Q1 2024, attributed to higher rental revenues and improved occupancy in its Beverly Hills and Los Angeles properties. A notable driver is the commencement of a 20-year lease with a Rolls-Royce dealership in Beverly Hills, projected to open by late 2024 or early 2025. Additionally, increased leasing activity, with 159,000 square feet of leases executed in the first nine months of 2025 (a 69% year-over-year increase), and strategic renovations are expected to fuel further occupancy and rental rate growth. * Enhanced Performance of the Hotel Segment: The hotel segment is positioned for revenue growth through recent and ongoing renovations and resulting improvements in key performance indicators. Hotel NOI increased by 18% in 2023, and in Q1 2025, it saw a 15% year-over-year increase, driven by higher occupancy and average daily rates (ADR), benefiting from the recently completed renovation of the Sheraton Grand Sacramento. With upgrades to public spaces substantially completed in Q1 2026, the property is well-positioned for strong performance in 2026 and beyond. * Strategic Capital Reallocation and Balance Sheet Strengthening: CMCT's efforts to strengthen its balance sheet and improve liquidity are expected to indirectly drive revenue growth by freeing up capital for investment in its core real estate assets. The company completed the sale of its lending division in January 2026, generating approximately $31.2 million in net cash proceeds. Furthermore, the redemption of preferred stock into common stock is projected to improve annual Funds From Operations (FFO) by approximately $16 million, which can be strategically reinvested into revenue-generating properties or used to reduce overall financing costs, allowing for more capital to be deployed towards growth initiatives in the multifamily, office, and hotel segments.AI Analysis | Feedback
Share Repurchases
- On May 24, 2022, Creative Media & Community Trust's Board of Directors authorized a repurchase program of up to $10 million of the company's common stock.
- As of December 31, 2025, CMCT had repurchased 2,650 shares of common stock for $4.7 million, adjusted for reverse stock splits.
Share Issuance
- Since September 2024, CMCT has redeemed approximately $153.3 million of preferred stock into common stock.
- During the fourth quarter of 2025, these redemptions resulted in the collective issuance of 1,910,435 shares of common stock.
- The company executed a 1-for-25 reverse stock split in April 2025.
- Effective January 6, 2025, the Board of Directors approved a 1-for-10 reverse stock split.
Outbound Investments
- On February 22, 2022, CMCT and a co-investor acquired a 99,000-square-foot building in the Echo Park neighborhood of Los Angeles for $51 million, advancing its creative office focus.
- In February 2023, CMCT expanded its multifamily portfolio with the planned addition of 696 apartment units across three assets, including the acquisition of Channel House (333 units) and plans to acquire Parkview Apartments (75 units) and Eleven Fifty Clay (288 units).
- CMCT completed the sale of its lending division in January 2026 for approximately $44 million, yielding net cash proceeds of about $31 million, aligning with its strategy to focus on its multifamily portfolio.
Capital Expenditures
- Cash from investing for the trailing twelve months ending Q3 2025 was a net outflow of $(31.13) million, attributed to capital expenditures for hotel renovations and the acquisition/development of multifamily assets.
- CMCT completed the development of a 36-unit multifamily building in Los Angeles during the fourth quarter of 2025.
- The company substantially completed an $11 million renovation of the public space at the Sheraton Grand Sacramento in the first quarter of 2026, following the renovation of all 505 guestrooms in the prior year.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Creative Media & Community Trust Earnings Notes | 12/16/2025 | |
| With Creative Media & Community Trust Stock Sliding, Have You Assessed The Risk? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
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| 03312026 | HBAN | Huntington Bancshares | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 03312026 | NP | Neptune Insurance | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 03272026 | JKHY | Jack Henry & Associates | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 3.1% | 3.1% | 0.0% |
| 03202026 | MKTX | MarketAxess | 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 | -5.2% | -5.2% | -5.7% |
| 03202026 | RYAN | Ryan Specialty | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -2.7% | -2.7% | -8.5% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 28.13 |
| Mkt Cap | 4.3 |
| Rev LTM | 1,462 |
| Op Inc LTM | 292 |
| FCF LTM | 672 |
| FCF 3Y Avg | 485 |
| CFO LTM | 906 |
| CFO 3Y Avg | 692 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -1.7% |
| Rev Chg 3Y Avg | 2.2% |
| Rev Chg Q | 0.6% |
| QoQ Delta Rev Chg LTM | 0.2% |
| Op Mgn LTM | 16.9% |
| Op Mgn 3Y Avg | 19.1% |
| QoQ Delta Op Mgn LTM | -0.3% |
| CFO/Rev LTM | 41.9% |
| CFO/Rev 3Y Avg | 41.2% |
| FCF/Rev LTM | 23.8% |
| FCF/Rev 3Y Avg | 27.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 4.3 |
| P/S | 2.5 |
| P/EBIT | 2.2 |
| P/E | 2.9 |
| P/CFO | 4.7 |
| Total Yield | -0.1% |
| Dividend Yield | 1.8% |
| FCF Yield 3Y Avg | 11.2% |
| D/E | 1.9 |
| Net D/E | 1.8 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -1.6% |
| 3M Rtn | -22.1% |
| 6M Rtn | -33.3% |
| 12M Rtn | -27.3% |
| 3Y Rtn | -19.9% |
| 1M Excs Rtn | -4.8% |
| 3M Excs Rtn | -22.2% |
| 6M Excs Rtn | -36.3% |
| 12M Excs Rtn | -57.1% |
| 3Y Excs Rtn | -93.6% |
Price Behavior
Price Behavior
| Market Price | $0.92 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 08/18/1995 | |
| Distance from 52W High | -99.3% | |
| 50 Days | 200 Days | |
| DMA Price | $14.70 | $48.67 |
| DMA Trend | down | down |
| Distance from DMA | -93.7% | -98.1% |
| 3M | 1YR | |
| Volatility | 1,746.7% | 887.6% |
| Downside Capture | 4.33 | 2.10 |
| Upside Capture | -1337.71 | -197.12 |
| Correlation (SPY) | -27.4% | -11.8% |
CMCT Betas & Captures as of 3/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -86.91 | -48.22 | -36.85 | -17.82 | -3.00 | -1.48 |
| Up Beta | 4.70 | 4.21 | 1.85 | -7.27 | 0.78 | 0.68 |
| Down Beta | -196.75 | -135.37 | -89.98 | -41.92 | -7.49 | -4.50 |
| Up Capture | -1860% | -789% | -509% | -192% | -47% | -8% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 5 | 7 | 14 | 38 | 103 | 295 |
| Down Capture | 775% | 519% | 447% | 290% | 174% | 113% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 16 | 34 | 47 | 85 | 144 | 422 |
[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 CMCT | |
|---|---|---|---|---|
| CMCT | -98.6% | 882.5% | 0.72 | - |
| Sector ETF (XLF) | 10.5% | 15.6% | 0.45 | -0.2% |
| Equity (SPY) | 18.7% | 13.7% | 1.06 | -10.7% |
| Gold (GLD) | 53.7% | 27.6% | 1.55 | -11.6% |
| Commodities (DBC) | 25.2% | 16.2% | 1.37 | -4.6% |
| Real Estate (VNQ) | 14.8% | 14.0% | 0.76 | -1.5% |
| Bitcoin (BTCUSD) | -11.7% | 43.0% | -0.17 | -5.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CMCT | |
|---|---|---|---|---|
| CMCT | -86.9% | 401.8% | 0.08 | - |
| Sector ETF (XLF) | 10.1% | 18.7% | 0.42 | 1.8% |
| Equity (SPY) | 11.1% | 17.0% | 0.50 | -1.9% |
| Gold (GLD) | 21.8% | 17.8% | 1.01 | -7.4% |
| Commodities (DBC) | 11.7% | 18.8% | 0.51 | 1.7% |
| Real Estate (VNQ) | 3.7% | 18.8% | 0.10 | 1.5% |
| Bitcoin (BTCUSD) | 4.6% | 56.6% | 0.30 | -0.9% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CMCT | |
|---|---|---|---|---|
| CMCT | -63.8% | 285.8% | 0.08 | - |
| Sector ETF (XLF) | 13.0% | 22.2% | 0.54 | 4.1% |
| Equity (SPY) | 13.9% | 17.9% | 0.67 | 1.1% |
| Gold (GLD) | 14.2% | 15.9% | 0.74 | -5.5% |
| Commodities (DBC) | 8.8% | 17.6% | 0.42 | 5.1% |
| Real Estate (VNQ) | 5.2% | 20.7% | 0.22 | 4.0% |
| Bitcoin (BTCUSD) | 67.5% | 66.9% | 1.07 | 0.4% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/9/2026 | -13.5% | -72.3% | -97.2% |
| 8/13/2025 | -12.5% | -18.3% | -15.1% |
| 3/7/2025 | -2.6% | -59.6% | -64.2% |
| 11/8/2024 | -3.7% | -22.0% | -47.8% |
| 3/29/2024 | -1.9% | -5.9% | -19.7% |
| 11/14/2023 | -2.0% | -3.2% | -9.8% |
| 8/10/2023 | -0.2% | -5.8% | -2.3% |
| 3/31/2023 | 2.2% | 3.7% | 8.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 5 | 3 | 2 |
| # Negative | 10 | 12 | 13 |
| Median Positive | 0.6% | 3.7% | 19.3% |
| Median Negative | -1.9% | -5.9% | -12.1% |
| Max Positive | 9.7% | 13.4% | 29.7% |
| Max Negative | -13.5% | -72.3% | -97.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/10/2026 | 10-K |
| 09/30/2025 | 11/14/2025 | 10-Q |
| 06/30/2025 | 08/14/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/07/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 03/29/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 03/31/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
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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