Six Flags Entertainment (FUN)
Market Price (5/14/2026): $19.4 | Market Cap: $2.0 BilSector: Consumer Discretionary | Industry: Leisure Facilities
Six Flags Entertainment (FUN)
Market Price (5/14/2026): $19.4Market Cap: $2.0 BilSector: Consumer DiscretionaryIndustry: Leisure Facilities
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 11% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14% Megatrend and thematic driversMegatrends include Experience Economy & Premiumization. Themes include Experiential Retail, and Travel & Leisure Tech. | Weak multi-year price returns2Y Excs Rtn is -108%, 3Y Excs Rtn is -145% Meaningful 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 13.03, 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 19% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 276% 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 -86% Key risksFUN key risks include [1] significant integration challenges and shareholder litigation related to the Cedar Fair merger, Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 11% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14% |
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization. Themes include Experiential Retail, and Travel & Leisure Tech. |
| Weak multi-year price returns2Y Excs Rtn is -108%, 3Y Excs Rtn is -145% |
| Meaningful 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 13.03, 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 19% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 276% |
| 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 -86% |
| Key risksFUN key risks include [1] significant integration challenges and shareholder litigation related to the Cedar Fair merger, Show more. |
Qualitative Assessment
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Six Flags Entertainment (FUN) stock has gained about 5% since 1/31/2026 because of the following key factors:
1. Exceeding Q1 2026 Expectations with Strong Performance.
Six Flags Entertainment reported a stronger-than-anticipated first quarter for 2026 on May 7, 2026. The company posted an EPS of -$2.65, surpassing analyst consensus estimates of -$2.71 by $0.06. Concurrently, revenue reached $225.63 million, exceeding analyst projections of $207.49 million and representing an 11.7% year-over-year increase. This financial outperformance was driven by a 4% rise in attendance to 2.9 million visits and a 6% increase in per capita spending, contributing to a $48 million improvement in Adjusted EBITDA. Analysts reacted positively, with Seeking Alpha upgrading FUN to "Buy" with a speculative tilt and Barclays issuing a new $26.00 price target.
2. Implementation of Strategic Operational Improvements and Cost Discipline.
The company's "Cedar-fication" strategy, emphasizing operational enhancements and efficiency, demonstrated early success during this period. This included significant fixed cost reductions amounting to $33.2 million, which contributed to improved operating leverage and margin expansion. Furthermore, Six Flags revamped its 2026 Season Pass program, introducing more flexible rewards and offering regional access to nearby parks for Gold Pass holders, aiming to enhance the overall customer experience and value proposition.
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1. Exceeding Q1 2026 Expectations with Strong Performance.
Six Flags Entertainment reported a stronger-than-anticipated first quarter for 2026 on May 7, 2026. The company posted an EPS of -$2.65, surpassing analyst consensus estimates of -$2.71 by $0.06. Concurrently, revenue reached $225.63 million, exceeding analyst projections of $207.49 million and representing an 11.7% year-over-year increase. This financial outperformance was driven by a 4% rise in attendance to 2.9 million visits and a 6% increase in per capita spending, contributing to a $48 million improvement in Adjusted EBITDA. Analysts reacted positively, with Seeking Alpha upgrading FUN to "Buy" with a speculative tilt and Barclays issuing a new $26.00 price target.
2. Implementation of Strategic Operational Improvements and Cost Discipline.
The company's "Cedar-fication" strategy, emphasizing operational enhancements and efficiency, demonstrated early success during this period. This included significant fixed cost reductions amounting to $33.2 million, which contributed to improved operating leverage and margin expansion. Furthermore, Six Flags revamped its 2026 Season Pass program, introducing more flexible rewards and offering regional access to nearby parks for Gold Pass holders, aiming to enhance the overall customer experience and value proposition.
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Stock Movement Drivers
Fundamental Drivers
The 7.3% change in FUN stock from 1/31/2026 to 5/13/2026 was primarily driven by a 8.4% change in the company's P/S Multiple.| (LTM values as of) | 1312026 | 5132026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.01 | 19.32 | 7.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,138 | 3,124 | -0.4% |
| P/S Multiple | 0.6 | 0.6 | 8.4% |
| Shares Outstanding (Mil) | 101 | 101 | -0.6% |
| Cumulative Contribution | 7.3% |
Market Drivers
1/31/2026 to 5/13/2026| Return | Correlation | |
|---|---|---|
| FUN | 7.3% | |
| Market (SPY) | 7.6% | 43.1% |
| Sector (XLY) | -1.8% | 50.9% |
Fundamental Drivers
The -15.9% change in FUN stock from 10/31/2025 to 5/13/2026 was primarily driven by a -14.0% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 5132026 | Change |
|---|---|---|---|
| Stock Price ($) | 22.98 | 19.32 | -15.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,168 | 3,124 | -1.4% |
| P/S Multiple | 0.7 | 0.6 | -14.0% |
| Shares Outstanding (Mil) | 101 | 101 | -0.8% |
| Cumulative Contribution | -15.9% |
Market Drivers
10/31/2025 to 5/13/2026| Return | Correlation | |
|---|---|---|
| FUN | -15.9% | |
| Market (SPY) | 9.5% | 40.4% |
| Sector (XLY) | -0.6% | 43.1% |
Fundamental Drivers
The -43.9% change in FUN stock from 4/30/2025 to 5/13/2026 was primarily driven by a -50.5% change in the company's P/S Multiple.| (LTM values as of) | 4302025 | 5132026 | Change |
|---|---|---|---|
| Stock Price ($) | 34.41 | 19.32 | -43.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,709 | 3,124 | 15.3% |
| P/S Multiple | 1.3 | 0.6 | -50.5% |
| Shares Outstanding (Mil) | 100 | 101 | -1.7% |
| Cumulative Contribution | -43.9% |
Market Drivers
4/30/2025 to 5/13/2026| Return | Correlation | |
|---|---|---|
| FUN | -43.9% | |
| Market (SPY) | 35.4% | 34.7% |
| Sector (XLY) | 21.3% | 38.6% |
Fundamental Drivers
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Market Drivers
4/30/2023 to 5/13/2026| Return | Correlation | |
|---|---|---|
| FUN | ||
| Market (SPY) | 85.5% | 46.0% |
| Sector (XLY) | 64.6% | 48.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FUN Return | - | - | - | -12% | -68% | 23% | -66% |
| Peers Return | 0% | -41% | 7% | 49% | 25% | 3% | 23% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| FUN Win Rate | - | - | - | 33% | 25% | 80% | |
| Peers Win Rate | 39% | 35% | 48% | 57% | 47% | 44% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| FUN Max Drawdown | - | - | - | -34% | -73% | -4% | |
| Peers Max Drawdown | -12% | -49% | -9% | -19% | -18% | -15% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DIS, SGHC, MTN, AS, LTH. See FUN 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 5/13/2026 (YTD)
How Low Can It Go
In The Past
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In The Past
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About Six Flags Entertainment (FUN)
Six Flags Entertainment Corporation operates amusement-resort in North America. Its amusement-resort consists of amusement parks, water parks, and resort properties across 17 states in the U.S., Canada, and Mexico. The company provides fun, experiences to various guests with coasters, themed rides, water parks, resorts, and a portfolio of intellectual property, such as Looney Tunes, DC Comics, and PEANUTS. Six Flags Entertainment Corporation was founded in 1983 and is based in Charlotte, North Carolina.
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1. Disney Parks, but more focused on thrill rides and North America.
2. Universal Studios for a wider range of IP and regional parks.
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- Amusement Parks: Guests are provided access to a wide array of thrill rides, themed attractions, and entertainment based on popular intellectual properties.
- Water Parks: The company offers aquatic entertainment through various water slides, wave pools, and interactive water play areas.
- Resort Properties: Six Flags provides overnight accommodations and amenities, often integrated with their park experiences, for multi-day guest visits.
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```htmlSix Flags Entertainment (FUN) primarily sells its services directly to individual consumers rather than to other companies. Its major customers can be categorized as follows:
- Families with Children: This segment includes families looking for entertainment options that cater to various age groups, offering a mix of thrill rides, kid-friendly attractions, water parks, and themed experiences featuring intellectual properties like Looney Tunes and PEANUTS.
- Teenagers and Young Adults: This demographic is often drawn to the high-thrill roller coasters, intense rides (many themed with DC Comics characters), and the social atmosphere of amusement parks as a destination for group outings with friends.
- Tourists and Vacationers: Individuals and groups visiting specific regions or planning resort-style vacations often include amusement and water parks in their itineraries, seeking a full day or multi-day entertainment experience as part of their leisure travel.
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John Reilly President & Chief Executive Officer
John Reilly was appointed President and Chief Executive Officer of Six Flags Entertainment Corporation in December 2025. He also serves as a board director. With over three decades of experience in the amusement and recreation industry, he has a proven track record in leadership, operational management, and strategic growth. Prior to his role at Six Flags, Mr. Reilly served as Chief Executive Officer of Palace Entertainment U.S. and Group Chief Operating Officer at Parques Reunidos. He was also interim Chief Executive Officer and Chief Operating Officer at SeaWorld Parks and Entertainment. His previous roles at Palace Entertainment (owned by Parques Reunidos) and SeaWorld Entertainment indicate a pattern of managing companies with private equity involvement.
Brian Witherow Chief Financial Officer
Brian Witherow is the Chief Financial Officer of Six Flags Entertainment Corporation. He retained this role, which he previously held at Cedar Fair, L.P., prior to the merger with Six Flags.
Tim Fisher Chief Operating Officer
Tim Fisher serves as the Chief Operating Officer for Six Flags Entertainment Corporation. He previously held the same position at Cedar Fair before the companies merged.
Brian Nurse Chief Legal and Compliance Officer and Corporate Secretary
Brian Nurse is the Chief Legal and Compliance Officer and Corporate Secretary for Six Flags Entertainment Corporation. He has more than 25 years of comprehensive experience within entertainment and food and beverage companies. Mr. Nurse retained this role after the merger, having served as Chief Legal and Compliance Officer and Corporate Secretary for Cedar Fair, L.P. since 2021. Prior to joining Cedar Fair, he was senior vice president, general counsel, and secretary for World Wrestling Entertainment.
Christian Dieckmann Chief Commercial Officer
Christian Dieckmann is the Chief Commercial Officer of Six Flags Entertainment Corporation. He previously held the position of chief strategy officer for the company from 2023 until April 2025. In his current capacity, he oversees Marketing, Business Intelligence, Workforce Management, and In-Park Revenue, in addition to Strategic Alliances and Corporate Communications. He is recognized for his ability to drive strategic growth initiatives from concept to execution and champion revenue growth.
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Six Flags Entertainment Corporation (FUN) faces several key risks inherent to the amusement park industry and specific to its recent strategic developments.The most significant risks include:
- High Leverage and Integration Challenges Following the Cedar Fair Merger: Six Flags completed a merger with Cedar Fair in July 2024, creating a significantly larger regional amusement park operator. This strategic consolidation has resulted in a substantial debt load, reported to be over $5.1 billion as of December 2025, which makes the combined entity sensitive to attendance fluctuations and refinancing conditions. The integration of the two complex businesses is costly, time-consuming, and presents challenges in achieving anticipated cost savings, synergies, and growth prospects. The company has already lowered its 2025 EBITDA guidance and is prioritizing debt reduction, while facing scrutiny from analysts and investors regarding its deleveraging path and operational performance post-merger.
- Intense Competition and Sensitivity to Discretionary Consumer Spending: Six Flags operates in a highly competitive leisure market, vying for consumer attention and discretionary income against other regional theme parks, global entertainment giants like Disney and Universal, and a broad range of other entertainment alternatives. Economic fluctuations, including inflation and potential recessions, directly impact consumer confidence and spending patterns, which can lead to reduced attendance and in-park spending. Recent reports indicate declines in attendance and season pass sales, impacting revenue and profitability.
- Adverse Weather Conditions: As an operator of primarily outdoor amusement and water parks, Six Flags is highly vulnerable to adverse weather conditions. Events such as severe storms, excessive heat or cold, and heavy rainfall can lead to park closures, directly impacting attendance and revenue, and potentially causing property damage. Weather-related disruptions were cited as a significant factor in Six Flags' underperformance in the second quarter of 2025 and contributed to a substantial loss and attendance drop.
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The emergence of highly immersive virtual reality (VR) and metaverse platforms as alternative entertainment venues that compete for consumer leisure time and discretionary spending by offering accessible, novel, and potentially personalized "experiences" without the need for physical travel.
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Six Flags Entertainment Corporation operates amusement parks, water parks, and resort properties across North America, including 17 states in the U.S., Canada, and Mexico. The addressable markets for their main products and services in these regions are substantial.
Amusement and Theme Parks
- The North American amusement parks market generated approximately USD 39,078.8 million in revenue in 2024. This market is projected to reach US$ 50,174.8 million by 2030, with a compound annual growth rate (CAGR) of 3.9% from 2025 to 2030. North America accounted for 35.40% of the global amusement park market share in 2025.
- In the U.S., the amusement and theme park market was valued at approximately USD 22.12 billion in 2024 and is expected to reach USD 30.28 billion by 2033. Another estimate places the U.S. amusement parks market revenue at USD 28,386.0 million in 2024, forecasting a rise to USD 36,903.1 million by 2030. The U.S. amusement and theme park market size was estimated at USD 23.40 billion in 2024 and is expected to reach USD 36.60 billion by 2035.
- The Canadian amusement parks market generated USD 7,957.2 million in revenue in 2024 and is anticipated to reach USD 10,100.1 million by 2030.
- For Mexico, the amusement parks market generated USD 2,735.5 million in revenue in 2024 and is projected to grow to USD 3,171.5 million by 2030. Mexico represented 43% of the theme park and amusement park revenues in Latin America in 2019 and is expected to increase its market share to 46% by 2025.
Water Parks
- The North American water parks market held a dominant position with a market share of 37.4% and was valued at USD 1.7 billion in 2024. North America accounts for 38% of global water park attendance.
- In the U.S., the water parks market size was USD 6.3 billion in 2024 and is estimated to be USD 6.4 billion in 2025. The U.S. accounts for 87% of the regional demand for water parks in North America.
- The Canadian Water Parks & Attractions Market was valued at USD 649.28 million in 2024 and is projected to grow to USD 1080.33 million by 2033. Canada represents 11% of North America's water park attendance.
- For Mexico, while specific market size for water parks alone is not directly available, it contributes 2% to North America's total water park attendance.
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Six Flags Entertainment Corporation (FUN) is poised for future revenue growth over the next two to three years, driven by several strategic initiatives, primarily stemming from its recent merger and ongoing efforts to enhance the guest experience. Here are the key drivers of future revenue growth for Six Flags Entertainment: * **Strategic Merger with Cedar Fair:** The merger with Cedar Fair, finalized in July 2024, is a significant driver of future revenue growth. This consolidation has created a dominant force in the regional amusement park market with an expanded portfolio of 42 parks across North America. This larger scale enhances the company's market presence, operational efficiency, and is expected to drive cross-market visitation and unlock substantial revenue synergies. * **Enhanced Guest Experience and New Attractions:** Six Flags is committing substantial capital investments, projected to be over $1 billion for 2025 and 2026, with a focus on improving the guest experience. This includes the introduction of new, major attractions, such as seven new roller coasters slated to debut in 2025, and significant upgrades to food and beverage operations. These enhancements are designed to attract more visitors, increase attendance, and boost in-park per-capita spending. * **Strategic Pricing, Expanded Loyalty Programs, and Technology Integration:** The company is implementing a "premiumization strategy" aimed at increasing guest spending per capita. This involves offering enhanced value, expanding loyalty programs like the All Park Passport Add-On, and leveraging technology for improved guest access, personalized offers, and operational efficiencies, such as mobile ordering. Strong season pass sales and the focus on visitor retention through these programs are expected to contribute to consistent revenue streams.AI Analysis | Feedback
Capital Allocation Decisions for Six Flags Entertainment (FUN)
Share Repurchases
- Six Flags Entertainment authorized a new $750 million share buyback program in February 2026.
- Prior to the merger, Cedar Fair repurchased 4.5 million limited partnership units totaling $187.4 million in 2022, and 1.4 million units totaling $62.5 million in 2023, under an August 2022 program.
Share Issuance
- Six Flags Entertainment's shares outstanding significantly increased from 51.013 million in 2023 to 100.35 million in 2024, and further to 101.696 million in 2025.
- This substantial increase in 2024 was primarily due to the merger of equals transaction with Cedar Fair in July 2024, which was accounted for as a business combination with Cedar Fair as the accounting acquirer.
Outbound Investments
- In March 2026, Six Flags Entertainment entered into definitive agreements to sell seven of its parks to EPR Properties for $331 million. The proceeds are intended to be used for debt reduction.
- The company announced the planned closure of Six Flags America and its Hurricane Harbor water park after the 2025 season, as part of a strategic portfolio reevaluation.
- In December 2024, Six Flags elected to purchase all outstanding limited partnership interests in Six Flags Over Georgia and White Water Atlanta, with completion expected in January 2027. Conversely, in December 2025, the company elected not to purchase the outstanding limited partnership interests in Six Flags Over Texas.
Capital Expenditures
- Six Flags Entertainment's capital expenditures were $59.183 million in 2021, $183.4 million in 2022, $220.4 million in 2023, $320.8 million in 2024, and peaked at $479.7 million in 2025.
- The company plans to invest more than $1 billion over the next two years (2025 and 2026), with allocations between $500 million and $525 million for both years.
- The primary focus of these capital expenditures is to enhance the guest experience through new rides, attractions, themed areas, dining upgrades, and technology improvements. For 2026, investments will specifically target family-oriented attractions, food and beverage upgrades, and record-breaking roller coasters.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Six Flags Stock (-8.3%): $331M Park Divestiture Spooks Investors | 03/07/2026 | |
| Six Flags Entertainment Earnings Notes | 12/16/2025 | |
| Six Flags Entertainment vs. S&P500 Correlation | 10/03/2024 | |
| Six Flags Entertainment Price Volatility | 09/24/2024 | |
| Fundamental Metrics: ... | 06/19/2024 | |
| Cedar Fair (FUN) Stock Has 54% Chance Of Rise In The Next One Month | 02/13/2023 | |
| Dates Cached For FUN | 10/21/2022 | |
| Cedar Fair (FUN) Stock Has 57% Chance Of Rise In The Next One Month | 09/25/2022 | |
| null | 07/15/2022 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to FUN.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04302026 | FUN | Six Flags Entertainment | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 0.0% | 0.0% | 0.0% |
| 04242026 | MGM | MGM Resorts International | 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 | -1.5% | -1.5% | -1.5% |
| 04242026 | WEN | Wendy's | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | -2.5% | -2.5% | -5.3% |
| 04102026 | WHR | Whirlpool | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | -0.8% | -0.8% | -4.8% |
| 04022026 | SKY | Champion Homes | 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 | 3.1% | 3.1% | -1.2% |
| 10032025 | FUN | Six Flags Entertainment | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | -29.8% | -21.4% | -46.3% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 33.28 |
| Mkt Cap | 7.1 |
| Rev LTM | 3,101 |
| Op Inc LTM | 504 |
| FCF LTM | 157 |
| FCF 3Y Avg | 180 |
| CFO LTM | 704 |
| CFO 3Y Avg | 631 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 12.0% |
| Rev Chg 3Y Avg | 16.6% |
| Rev Chg Q | 11.7% |
| QoQ Delta Rev Chg LTM | 2.2% |
| Op Inc Chg LTM | 34.1% |
| Op Inc Chg 3Y Avg | 25.7% |
| Op Mgn LTM | 15.4% |
| Op Mgn 3Y Avg | 13.5% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 17.0% |
| CFO/Rev 3Y Avg | 18.5% |
| FCF/Rev LTM | 4.1% |
| FCF/Rev 3Y Avg | 5.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 7.1 |
| P/S | 2.2 |
| P/Op Inc | 13.9 |
| P/EBIT | 13.9 |
| P/E | 19.1 |
| P/CFO | 8.4 |
| Total Yield | 5.3% |
| Dividend Yield | 0.2% |
| FCF Yield 3Y Avg | 4.7% |
| D/E | 0.4 |
| Net D/E | 0.4 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.0% |
| 3M Rtn | 2.1% |
| 6M Rtn | 5.3% |
| 12M Rtn | 0.1% |
| 3Y Rtn | 41.3% |
| 1M Excs Rtn | -7.7% |
| 3M Excs Rtn | -5.1% |
| 6M Excs Rtn | 1.2% |
| 12M Excs Rtn | -24.8% |
| 3Y Excs Rtn | -44.5% |
Price Behavior
Price Behavior
| Market Price | $19.32 | |
| Market Cap ($ Bil) | 2.0 | |
| First Trading Date | 07/02/2024 | |
| Distance from 52W High | -48.9% | |
| 50 Days | 200 Days | |
| DMA Price | $18.14 | $19.36 |
| DMA Trend | down | up |
| Distance from DMA | 6.5% | -0.2% |
| 3M | 1YR | |
| Volatility | 73.4% | 66.0% |
| Downside Capture | 190.87 | 169.29 |
| Upside Capture | 165.40 | 41.52 |
| Correlation (SPY) | 38.9% | 33.4% |
FUN Betas & Captures as of 4/30/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.62 | 1.50 | 2.05 | 2.04 | 1.78 | -0.04 |
| Up Beta | 1.15 | 0.78 | 1.64 | 1.78 | 2.27 | 0.28 |
| Down Beta | 4.00 | 1.57 | 3.43 | 3.36 | 3.41 | 0.21 |
| Up Capture | 129% | 201% | 215% | 141% | 30% | 23% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 10 | 23 | 33 | 61 | 121 | 214 |
| Down Capture | 636% | 166% | 170% | 175% | 138% | 104% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 12 | 20 | 31 | 64 | 129 | 242 |
[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 FUN | |
|---|---|---|---|---|
| FUN | -48.1% | 66.0% | -0.73 | - |
| Sector ETF (XLY) | 12.7% | 18.1% | 0.52 | 37.7% |
| Equity (SPY) | 28.9% | 12.0% | 1.82 | 33.7% |
| Gold (GLD) | 44.6% | 26.8% | 1.35 | -0.1% |
| Commodities (DBC) | 47.8% | 18.6% | 1.96 | -11.6% |
| Real Estate (VNQ) | 11.3% | 13.5% | 0.55 | 28.6% |
| Bitcoin (BTCUSD) | -21.3% | 41.7% | -0.46 | 19.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FUN | |
|---|---|---|---|---|
| FUN | -18.4% | 58.3% | -0.72 | - |
| Sector ETF (XLY) | 7.0% | 23.8% | 0.26 | 48.5% |
| Equity (SPY) | 13.7% | 17.1% | 0.63 | 46.0% |
| Gold (GLD) | 20.4% | 17.9% | 0.93 | 2.1% |
| Commodities (DBC) | 11.1% | 19.4% | 0.46 | 1.7% |
| Real Estate (VNQ) | 3.6% | 18.8% | 0.09 | 34.3% |
| Bitcoin (BTCUSD) | 7.5% | 55.9% | 0.35 | 23.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FUN | |
|---|---|---|---|---|
| FUN | -9.7% | 58.3% | -0.72 | - |
| Sector ETF (XLY) | 12.8% | 22.0% | 0.53 | 48.5% |
| Equity (SPY) | 15.6% | 17.9% | 0.75 | 46.0% |
| Gold (GLD) | 13.4% | 15.9% | 0.70 | 2.1% |
| Commodities (DBC) | 8.3% | 17.9% | 0.38 | 1.7% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.22 | 34.3% |
| Bitcoin (BTCUSD) | 68.2% | 66.9% | 1.07 | 23.8% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/7/2026 | 15.6% | ||
| 2/19/2026 | 8.4% | 4.8% | 7.4% |
| 11/7/2025 | -2.0% | -18.1% | -19.0% |
| 8/6/2025 | -20.8% | -16.6% | -16.7% |
| 5/8/2025 | -4.6% | 2.2% | -7.9% |
| 2/27/2025 | -5.7% | -10.8% | -19.3% |
| 8/8/2024 | 3.1% | -1.1% | -3.7% |
| SUMMARY STATS | |||
| # Positive | 3 | 2 | 1 |
| # Negative | 4 | 4 | 5 |
| Median Positive | 8.4% | 3.5% | 7.4% |
| Median Negative | -5.2% | -13.7% | -16.7% |
| Max Positive | 15.6% | 4.8% | 7.4% |
| Max Negative | -20.8% | -18.1% | -19.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/03/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/16/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/17/2023 | 10-K |
| 09/30/2022 | 11/02/2022 | 10-Q |
| 06/30/2022 | 08/03/2022 | 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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