PMGC (ELAB)


Market Price (8/7/2026): $0.9348 | Market Cap: $0.4 MilSector: Health Care | Industry: Biotechnology

PMGC (ELAB)


Market Price (8/7/2026): $0.9348
Market Cap: $0.4 Mil
Sector: Health Care
Industry: Biotechnology

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -1671%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -59%

Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Digital Health & Telemedicine. Themes include Advanced Diagnostics, Health Data Analytics, Show more.

Weak multi-year price returns
2Y Excs Rtn is -142%, 3Y Excs Rtn is -168%

Penny stock
Mkt Price is 1.0

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -8.9 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -703%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -595%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -658%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2607%

High stock price volatility
Vol 12M is 252%

Significant short interest
Short 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 182%

Key risks
ELAB key risks include [1] sustained unprofitability with a five-year history of declining earnings and [2] a significant cash burn rate creating a high risk of shareholder dilution.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -1671%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -59%
2 Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Digital Health & Telemedicine. Themes include Advanced Diagnostics, Health Data Analytics, Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -142%, 3Y Excs Rtn is -168%
4 Penny stock
Mkt Price is 1.0
5 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -8.9 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -703%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -595%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -658%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2607%
8 High stock price volatility
Vol 12M is 252%
9 Significant short interest
Short 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 182%
10 Key risks
ELAB key risks include [1] sustained unprofitability with a five-year history of declining earnings and [2] a significant cash burn rate creating a high risk of shareholder dilution.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/1/2026

PMGC (ELAB) stock has lost about 60% since 4/30/2026 because of the following key factors:

1. Significant Earnings Miss and Weak Financials. PMGC Holdings (ELAB) reported a substantial miss in its fiscal Q1 2026 earnings, which ended March 31, 2026, with an Earnings Per Share (EPS) of -$11.22, significantly missing the estimated $0.00. While quarterly revenue of $681.99K exceeded estimates, the profound EPS miss highlighted underlying financial challenges. This fundamental weakness is further underscored by the company's deeply negative Return on Equity (ROE) of -117% and a historical earnings decline of 33% per year over the past five years.

2. Substantial Share Dilution. The company underwent significant share dilution around the specified period. On April 20, 2026, PMGC Holdings Inc. filed a follow-on equity offering of approximately $7.79 million. Additionally, on April 16, 2026, the company announced an expected $40 million in funding through a securities purchase agreement with an institutional investor, involving the issuance of common stock. These actions have resulted in "shareholders being substantially diluted in the past year (over 66x increase in shares outstanding)".

Show more
Updated on 8/1/2026

PMGC (ELAB) stock has lost about 60% since 4/30/2026 because of the following key factors:

1. Significant Earnings Miss and Weak Financials. PMGC Holdings (ELAB) reported a substantial miss in its fiscal Q1 2026 earnings, which ended March 31, 2026, with an Earnings Per Share (EPS) of -$11.22, significantly missing the estimated $0.00. While quarterly revenue of $681.99K exceeded estimates, the profound EPS miss highlighted underlying financial challenges. This fundamental weakness is further underscored by the company's deeply negative Return on Equity (ROE) of -117% and a historical earnings decline of 33% per year over the past five years.

2. Substantial Share Dilution. The company underwent significant share dilution around the specified period. On April 20, 2026, PMGC Holdings Inc. filed a follow-on equity offering of approximately $7.79 million. Additionally, on April 16, 2026, the company announced an expected $40 million in funding through a securities purchase agreement with an institutional investor, involving the issuance of common stock. These actions have resulted in "shareholders being substantially diluted in the past year (over 66x increase in shares outstanding)".

3. Negative Analyst Sentiment and Market Perception. Analyst sentiment towards PMGC Holdings has been predominantly negative. As of August 1, 2026, the stock holds a consensus "Sell" rating from Wall Street analysts, who generally view PMGC less favorably than other "finance" companies. An AI-powered analysis further reinforced this by assigning ELAB a "Strong Sell" rating (1/10 AI Score) as of July 30, 2026, indicating a -11.62% probability of outperforming the S&P500 in the subsequent three months. This analysis also cited low institutional ownership (bottom 10%) as a negative contributing factor.

4. Concerns over Nasdaq Listing Compliance. Despite PMGC Holdings confirming its compliance with Nasdaq's new $5 million Market Value of Listed Securities (MVLS) requirement on July 29, 2026, the necessity of this announcement itself, coupled with the company addressing "incorrect share count and market capitalization data" on third-party websites, suggests underlying market apprehension regarding its valuation and potential delisting risks. The rule, effective immediately, mandates a minimum MVLS to avoid trading suspension and delisting proceedings.

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Stock Movement Drivers

Fundamental Drivers

The -61.2% change in ELAB stock from 4/30/2026 to 8/6/2026 was primarily driven by a -81.8% change in the company's Shares Outstanding (Mil).
(LTM values as of)43020268062026Change
Stock Price ($)2.460.96-61.2%
Change Contribution By: 
Total Revenues ($ Mil)11115.6%
P/S Multiple0.30.3-0.7%
Shares Outstanding (Mil)00-81.8%
Cumulative Contribution-61.2%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/6/2026
ReturnCorrelation
ELAB-61.2% 
Market (SPY)6.9%38.6%
Sector (XLV)12.6%-12.7%

Fundamental Drivers

The -95.5% change in ELAB stock from 1/31/2026 to 8/6/2026 was primarily driven by a -95.0% change in the company's Shares Outstanding (Mil).
(LTM values as of)13120268062026Change
Stock Price ($)21.060.96-95.5%
Change Contribution By: 
Total Revenues ($ Mil)01344.9%
P/S Multiple1.60.3-79.4%
Shares Outstanding (Mil)00-95.0%
Cumulative Contribution-95.5%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/6/2026
ReturnCorrelation
ELAB-95.5% 
Market (SPY)11.4%23.0%
Sector (XLV)6.7%17.3%

Fundamental Drivers

The -99.5% change in ELAB stock from 7/31/2025 to 8/6/2026 was primarily driven by a null change in the company's P/S Multiple.
(LTM values as of)73120258062026Change
Stock Price ($)175.560.96-99.5%
Change Contribution By: 
Total Revenues ($ Mil)019.2233720368547763E17%
P/S Multiple0.3 
Shares Outstanding (Mil)00-98.5%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 8/6/2026
ReturnCorrelation
ELAB-99.5% 
Market (SPY)22.6%21.7%
Sector (XLV)27.7%13.9%

Fundamental Drivers

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Market Drivers

7/31/2023 to 8/6/2026
ReturnCorrelation
ELAB  
Market (SPY)73.8%15.0%
Sector (XLV)28.3%8.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
ELAB Return---46%-99%-97%-97%-100%
Peers Return12%-2%16%3%11%5%52%
S&P 500 Return27%-19%24%23%16%13%106%

Monthly Win Rates [3]
ELAB Win Rate--0%25%17%12% 
Peers Win Rate53%57%50%53%57%57% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
ELAB Max Drawdown----99%-98%-98% 
Peers Max Drawdown-52%-44%-38%-35%-49%-34% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: EOLS, ABBV, LLY, MCRB, PRLB.
[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 8/6/2026 (YTD)

About PMGC (ELAB)

ELAB (Elevai Labs, Inc.) is a physician-dispensed skincare company dedicated to modernizing aesthetic skincare through science-driven innovation. Founded in 2020, the company initially focused on extensive research and development to create advanced topical skincare formulations. Since 2022, ELAB has primarily operated on a business-to-business (B2B) model, producing and commercializing a new generation of topical skincare products aimed at enhancing skin appearance.

At the heart of ELAB's offerings are its proprietary stem cell-derived Elevai Exosomes™, which are integrated into their topical skincare products. The company's manufacturing process, known as 'Precision Regenerative Exosome Technology™' (PREx™), utilizes advanced, patent-pending stem cell processing. This technology involves carefully controlled cultures of human umbilical cord-derived mesenchymal stem cells (hUMSC) to yield the exosome lots featured in their products. It is important to note these are topical cosmetic solutions and not drug products, nor are they intended for injection.

ELAB's exosome-infused skincare products are designed to be topically applied to help reduce the appearance of a range of common cosmetic skin conditions. These benefits include improving the appearance of skin firmness, reducing oxidative stress and photodamage, minimizing hyperpigmentation, and enhancing the texture of soft tissue deficits such as fine lines and wrinkles. The company's primary market consists of medical professionals who dispense these specialized cosmetic products to their patients.

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Here are 1-2 brief analogies for ELAB:

  • The Augustinus Bader of physician-dispensed skincare, leveraging proprietary exosome technology.

  • Think of it as SkinCeuticals or ZO Skin Health, but specializing in advanced stem cell exosome-based formulations for professional aesthetic use.

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  • Topical Skincare Products with Elevai Exosomes™: Physician-dispensed cosmetic solutions infused with proprietary stem cell-derived exosomes, designed to topically enhance the appearance of skin and address common cosmetic conditions.

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PMGC (ELAB) primarily operates on a business-to-business (B2B) model. Its major customers are:

  • Physicians
  • Medical aesthetics practices and clinics

These customers acquire ELAB's proprietary stem cell-derived Elevai Exosomes™ skincare products for dispensing to their patients and clients. The provided background information does not list the specific names of these customer companies, nor are these types of businesses typically public entities with stock symbols.

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Graydon Bensler, Chief Executive Officer & Chief Financial Officer

Graydon Bensler was appointed as the non-employee Chief Executive Officer of PMGC Holdings Inc. (formerly Elevai Labs Inc.) on June 21, 2024, while also continuing to serve as the Chief Financial Officer until a successor is identified. He has served as a Director of Redwood AI Corp. and has been an Independent Director of AquaBounty Technologies, Inc. since October 28, 2025. He previously served as a Director of Onco-Innovations Limited.

Dr. Jordan R. Plews, Co-Founder, Head of Elevai Skincare and Elevai Biosciences

Dr. Jordan R. Plews is a co-founder of Elevai Labs, Inc. He served as the Chief Executive Officer until his resignation on June 21, 2024, and now leads the company's subsidiaries, Elevai Skincare and Elevai Biosciences. Dr. Plews has a background in biochemical engineering and stem cell research, having completed his undergraduate and doctoral studies in the UK and a postdoc at Stanford University. He transitioned into the biotech industry, where he created products for researchers and clinicians, and has experience working at companies like Pfizer and Beckton Dickinson. He holds seven filed patents and approximately 25 filed trademarks.

Braeden Lichti, Co-Founder & Non-Executive Chairman of the Board

Braeden Lichti is a co-founder of ELEVAI Labs and serves as the Non-Executive Chairman of the Board. He is also noted as the founder of one other company.

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Regulatory Classification Risk

PMGC's core business revolves around "physician-dispensed skincare products" that are explicitly stated as "not drug products or considered regenerative medicine, nor have any of our products received FDA approval." The company markets these products as "topical cosmetic solutions" to "enhance the appearance of skin." A significant risk lies in the potential for regulatory bodies, such as the FDA, to reclassify their exosome-infused products from cosmetics to drugs or regenerative medicine. Such a reclassification would subject PMGC to substantially stricter regulations, requiring extensive and costly clinical trials, prolonged development timelines, and potential halts in sales until the necessary approvals are obtained. This could severely impact the company's operational model and financial viability.

Intellectual Property and Patent Risk

The company's competitive advantage is heavily reliant on its proprietary technology, specifically "proprietary stem cell-derived Elevai Exosomes™" and its "Precision Regenerative Exosome Technology™ (PREx™)" which utilizes "advanced patent-pending stem cell processing technology." The "patent-pending" status indicates that the intellectual property is not yet fully secured. There is a inherent risk that the applications for these patents may not be granted, or if granted, could be successfully challenged by competitors. A failure to secure or defend these patents could allow competitors to replicate or develop similar technologies, thereby eroding PMGC's unique market position and competitive advantage.

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The primary clear emerging threat for ELAB is the potential reclassification of its "stem cell-derived Elevai Exosomes™" topical products by regulatory bodies (e.g., FDA) from cosmetics to drugs or biologics. ELAB explicitly states its products are "not drug products or considered regenerative medicine," "nor have any of our products received FDA approval," and "Our cosmetic products are not intended to prevent, treat or cure diseases or medical conditions." The use of "stem cell-derived" components that "may modulate and support these natural cellular processes" for cosmetic benefits introduces a gray area that regulators could scrutinize more intensely as the market for such advanced biotech-cosmetic hybrids grows. A reclassification would necessitate lengthy, costly, and uncertain drug approval processes, fundamentally disrupting ELAB's current business model, market access, and commercialization strategy.

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PMGC (ELAB) operates in several addressable markets with substantial sizes globally and in North America, primarily through its physician-dispensed, exosome-infused topical skincare products aimed at enhancing skin appearance and addressing signs of aging.

Physician-Dispensed Skincare Market

  • The global physician-dispensed skincare products market was valued at approximately USD 17.43 billion in 2026 and is projected to grow to about USD 34.32 billion by 2035, exhibiting a Compound Annual Growth Rate (CAGR) of 7.82%.
  • In 2025, the global market for physician-dispensed cosmeceuticals was valued at USD 8.37 billion, with projections to reach USD 13.84 billion by 2031 at an 8.82% CAGR.
  • North America holds a significant share of this market, accounting for over 35% in 2025. Another estimate indicates North America held a 40.08% share in 2025.
  • Specifically, the U.S. physician-dispensed cosmeceuticals market size was valued at USD 3.28 billion in 2025 and is projected to reach USD 3.54 billion in 2026.
  • Anti-aging products constitute a major segment within the physician-dispensed skincare market, representing over 40% of the total market share in 2025.

Exosomes Skincare Market

  • The global exosomes skincare market was valued at USD 418.26 million in 2024 and is anticipated to reach USD 1,160.84 million by 2032, with a CAGR of 12.68%. Other estimates place the global market at USD 417.8 million in 2025, growing to USD 809.5 million by 2032 at a CAGR of 9.9%.
  • North America is a leading region in the global exosomes skincare market, holding approximately 45% of the market share in 2024. The North American market alone was valued at USD 188.14 million in 2024 and is projected to reach USD 523.55 million by 2032.
  • Anti-aging treatments are a dominant application segment within the exosome skincare market, driven by consumer demand for regenerative beauty solutions.

Anti-aging Products Market

  • The broader global anti-aging products market was valued at USD 55.8 billion in 2023 and is projected to reach USD 108.5 billion by 2033, growing at a CAGR of 6.9%. Other estimates for the global market include USD 55.66 billion in 2025, reaching USD 107.61 billion by 2033 with an 8.9% CAGR.
  • North America contributed significantly to the anti-aging products market, accounting for 35.99% of the global market revenue in 2025.

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Expected Drivers of Future Revenue Growth for PMGC (ELAB)

Over the next 2-3 years, PMGC (ELAB), formerly Elevai Labs, Inc., is expected to drive revenue growth through several key initiatives:

  1. Continued Growth of the Elevai Skincare Division: The core Elevai Skincare division has demonstrated significant sales milestones, including a record $300K monthly revenue in November 2024, representing a 65% increase over the preceding four-month average. This growth is attributed to a strategic overhaul by new management in Q3 2024, focusing on sales culture transformation, optimized budgets, and improved marketing strategies, which are expected to continue yielding positive results.
  2. Advancement and Commercialization of Biopharmaceutical Pipeline (Obesity Treatment): The company's subsidiary, Elevai Biosciences (now Northstrive Biosciences), is actively developing investigational products EL-22 and EL-32 for obesity treatment, specifically targeting muscle preservation during weight loss. The advancement of these candidates through preclinical and clinical trials, coupled with ongoing patent filings, represents a significant potential new revenue stream from the biopharmaceutical sector.
  3. Launch of New Skincare Products and Clinical Advancements: PMGC continues to invest in innovation within its aesthetic skincare portfolio. Clinical trials for products like Elevai Enfinity™ have shown improvements in skin firmness and wrinkle reduction, indicating a pipeline of new, advanced topical cosmetic solutions that can contribute to future sales.
  4. Strategic Acquisitions and Partnerships: The company's management has expressed a commitment to pursuing growth opportunities through strategic acquisitions and investments in the biotech, cosmetic, health, and wellness sectors. Additionally, collaborations, such as the one with Yuva Biosciences for obesity and diabetes treatments, and a pending acquisition of a U.S.-based IT custom packaging firm, are expected to expand the company's capabilities and market reach, thereby driving revenue.
  5. International Market Expansion: Elevai Labs reported over $213K in international revenue for 2023, indicating an expanding global footprint for its products. Continued penetration into new international markets for its physician-dispensed skincare offerings is anticipated to be a driver of incremental revenue growth.

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

ELABEOLSABBVLLYMCRBPRLBMedian
NamePMGC Evolus AbbVie Eli LillySeres Th.Proto La. 
Mkt Price0.967.41243.871,191.944.8287.9147.66
Mkt Cap0.00.5431.41,063.70.02.11.3
Rev LTM131664,38679,6662561439
Op Inc LTM-9-2121,85039,608-784116
FCF LTM-8-2218,21013,560-515724
FCF 3Y Avg-6-3018,0763,294-995725
CFO LTM-8-1519,50728,083-517935
CFO 3Y Avg-6-2519,14314,510-987635

Growth & Margins

ELABEOLSABBVLLYMCRBPRLBMedian
NamePMGC Evolus AbbVie Eli LillySeres Th.Proto La. 
Rev Chg LTM-13.9%10.4%49.6%-10.2%12.1%
Rev Chg 3Y Avg-23.9%4.9%39.4%-5.0%14.5%
Rev Chg Q-21.2%10.2%47.7%-10.6%15.9%
QoQ Delta Rev Chg LTM115.6%4.9%2.5%10.3%64.2%2.6%7.6%
Op Inc Chg LTM-120.2%49.7%59.5%76.5%29.0%84.3%54.6%
Op Inc Chg 3Y Avg-113.8%20.4%11.2%71.3%-8.0%43.0%15.8%
Op Mgn LTM-702.8%-6.5%33.9%49.7%-4,154.4%7.3%0.4%
Op Mgn 3Y Avg--11.9%27.5%42.1%-6.0%16.7%
QoQ Delta Op Mgn LTM453.2%3.9%0.8%2.4%3,486.6%1.3%3.2%
CFO/Rev LTM-594.8%-4.9%30.3%35.3%-2,722.1%14.0%4.6%
CFO/Rev 3Y Avg--9.0%32.4%22.5%-14.4%18.4%
FCF/Rev LTM-658.1%-6.9%28.3%17.0%-2,724.1%10.1%1.6%
FCF/Rev 3Y Avg--10.9%30.6%2.5%-10.9%6.7%

Valuation

ELABEOLSABBVLLYMCRBPRLBMedian
NamePMGC Evolus AbbVie Eli LillySeres Th.Proto La. 
Mkt Cap0.00.5431.41,063.70.02.11.3
P/S0.31.56.713.424.83.85.2
P/Op Inc-0.0-23.719.726.9-0.651.39.8
P/EBIT-0.0-28.037.125.82.251.314.0
P/E-0.0-14.268.439.8-2.169.119.9
P/CFO-0.1-31.822.137.9-0.926.811.0
Total Yield-2,602.8%-7.0%4.2%3.1%-48.0%1.4%-2.8%
Dividend Yield0.0%0.0%2.8%0.5%0.0%0.0%0.0%
FCF Yield 3Y Avg-1,476.3%-5.3%5.2%0.3%-1,165.5%5.4%-2.5%
D/E18.60.30.20.11.20.00.3
Net D/E-16.70.20.10.00.9-0.10.1

Returns

ELABEOLSABBVLLYMCRBPRLBMedian
NamePMGC Evolus AbbVie Eli LillySeres Th.Proto La. 
1M Rtn-19.7%6.8%-3.6%-3.5%-40.8%18.2%-3.5%
3M Rtn-55.8%16.0%21.2%22.5%-37.6%29.0%18.6%
6M Rtn-90.0%68.0%13.1%17.2%-64.0%67.5%15.1%
12M Rtn-99.4%16.3%28.1%60.8%-65.0%95.5%22.2%
3Y Rtn-100.0%-20.6%79.9%168.1%-94.8%202.3%29.7%
1M Excs Rtn-12.9%6.1%-5.9%-5.0%-35.5%17.5%-5.4%
3M Excs Rtn-59.8%12.6%15.1%16.3%-44.4%22.9%13.8%
6M Excs Rtn-104.1%49.4%2.0%-4.0%-76.7%52.4%-1.0%
12M Excs Rtn-121.8%-39.2%4.2%34.3%-88.6%76.5%-17.5%
3Y Excs Rtn-168.5%-95.6%13.6%100.3%-163.5%97.4%-41.0%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2025202320222021
Information technology (IT) packaging solutions0   
Precision engineering and machining0   
Corporate, treasury and biosciences0   
Empower 100
Enfinity 100
White label distributor 000
Total1210


Assets by Segment
$ Mil20252024
Corporate, treasury and biosciences8 
Precision engineering and machining3 
Information technology (IT) packaging solutions2 
Single Segment 9
Total139


Price Behavior

Price Behavior
Market Price$0.96 
Market Cap ($ Bil)0.0 
First Trading Date11/21/2023 
Distance from 52W High-99.6% 
   50 Days200 Days
DMA Price$1.26$32.99
DMA Trenddowndown
Distance from DMA-23.9%-97.1%
 3M1YR
Volatility90.1%252.1%
Downside Capture506.29547.50
Upside Capture57.42-158.63
Correlation (SPY)40.1%21.2%
ELAB Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta4.572.712.385.094.230.39
Up Beta4.985.033.9714.4010.941.65
Down Beta2.490.720.404.313.91-0.09
Up Capture329%67%1%-102%-55%-7%
Bmk +ve Days11223567138427
Stock +ve Days812204183259
Down Capture601%357%364%265%196%112%
Bmk -ve Days11212859114326
Stock -ve Days12263878156391

[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 ELAB
ELAB-99.4%251.7%-1.02-
Sector ETF (XLV)25.8%15.6%1.2713.9%
Equity (SPY)23.5%12.9%1.3721.5%
Gold (GLD)25.3%28.3%0.798.3%
Commodities (DBC)32.4%19.8%1.30-12.3%
Real Estate (VNQ)12.9%13.8%0.646.4%
Bitcoin (BTCUSD)-43.6%43.0%-1.2112.9%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ELAB
ELAB-92.5%193.5%-1.60-
Sector ETF (XLV)6.1%15.0%0.228.9%
Equity (SPY)13.2%17.2%0.5915.0%
Gold (GLD)17.9%18.5%0.789.0%
Commodities (DBC)8.0%19.6%0.31-2.8%
Real Estate (VNQ)2.3%18.9%0.029.4%
Bitcoin (BTCUSD)10.0%53.0%0.3811.3%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ELAB
ELAB-72.6%193.5%-1.60-
Sector ETF (XLV)10.0%16.6%0.488.9%
Equity (SPY)15.3%17.9%0.7315.0%
Gold (GLD)11.8%16.2%0.599.0%
Commodities (DBC)7.4%18.0%0.33-2.8%
Real Estate (VNQ)4.9%20.7%0.209.4%
Bitcoin (BTCUSD)58.3%66.2%0.9811.3%

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Short Interest

Short Interest: As Of Date7152026
Short Interest: Shares Quantity0.8 Mil
Short Interest: % Change Since 6302026144.4%
Average Daily Volume10.5 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity0.4 Mil
Short % of Basic Shares182.0%

Earnings Returns History

Updated 6/3/2026
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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   
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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   

SEC Filings

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Report DateFiling DateFiling
03/31/202605/15/202610-Q
12/31/202503/30/202610-K
09/30/202511/14/202510-Q
06/30/202508/13/202510-Q
03/31/202505/14/202510-Q
12/31/202403/28/202510-K
09/30/202411/14/202410-Q
06/30/202408/14/202410-Q
03/31/202405/15/202410-Q
12/31/202303/29/202410-K
09/30/202312/11/202310-Q
06/30/202309/29/2023S-1
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Report DateFiling DateFiling
03/31/202605/15/202610-Q
12/31/202503/30/202610-K
09/30/202511/14/202510-Q
06/30/202508/13/202510-Q
03/31/202505/14/202510-Q
12/31/202403/28/202510-K
09/30/202411/14/202410-Q
06/30/202408/14/202410-Q
03/31/202405/15/202410-Q
12/31/202303/29/202410-K
09/30/202312/11/202310-Q
06/30/202309/29/2023S-1
Core Cache Last Updated: 8/6/2026