Tearsheet

Greenwave Technology Solutions (GWAV)


Market Price (6/30/2026): $3.11 | Market Cap: $2.5 MilSector: Industrials | Industry: Environmental & Facilities Services

Greenwave Technology Solutions (GWAV)


Market Price (6/30/2026): $3.11
Market Cap: $2.5 Mil
Sector: Industrials
Industry: Environmental & Facilities Services

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

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 40%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -31%

Megatrend and thematic drivers
Megatrends include Circular Economy & Recycling, Sustainable Infrastructure, and Sustainable Resource Management. Themes include Advanced Recycling Technologies, Show more.

Weak multi-year price returns
2Y Excs Rtn is -135%, 3Y Excs Rtn is -170%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -20 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -43%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 506%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -17%

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 -860%

High stock price volatility
Vol 12M is 11902%

Key risks
GWAV key risks include [1] potential Nasdaq delisting for its persistent failure to file required financial reports and [2] significant financial instability that raises substantial doubt about its ability to continue as a going concern.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 40%
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 -31%
2 Megatrend and thematic drivers
Megatrends include Circular Economy & Recycling, Sustainable Infrastructure, and Sustainable Resource Management. Themes include Advanced Recycling Technologies, Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -135%, 3Y Excs Rtn is -170%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -20 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -43%
5 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 506%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -17%
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 -860%
8 High stock price volatility
Vol 12M is 11902%
9 Key risks
GWAV key risks include [1] potential Nasdaq delisting for its persistent failure to file required financial reports and [2] significant financial instability that raises substantial doubt about its ability to continue as a going concern.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

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Updated on 6/18/2026

Greenwave Technology Solutions (GWAV) stock has lost about 20% since 2/28/2026 because of the following key factors:

1. Greenwave Technology Solutions received multiple delinquency notices from Nasdaq for failing to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2026 (fiscal Q1 2026). This non-compliance with Nasdaq Listing Rule 5250(c)(1) resulted in a heightened risk of potential delisting, with a deadline of June 22, 2026, for the company to submit a compliance plan.

2. The company continued to report significant financial losses, raising substantial doubt about its ability to continue as a going concern. For the fiscal year 2025, Greenwave reported a net loss of $24.6 million, despite a 40% revenue growth to $46.7 million. Additionally, the reported Earnings Per Share for fiscal Q4 2025, released on June 12, 2026, was -$7.16.

Show more
Updated on 6/18/2026

Greenwave Technology Solutions (GWAV) stock has lost about 20% since 2/28/2026 because of the following key factors:

1. Greenwave Technology Solutions received multiple delinquency notices from Nasdaq for failing to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2026 (fiscal Q1 2026). This non-compliance with Nasdaq Listing Rule 5250(c)(1) resulted in a heightened risk of potential delisting, with a deadline of June 22, 2026, for the company to submit a compliance plan.

2. The company continued to report significant financial losses, raising substantial doubt about its ability to continue as a going concern. For the fiscal year 2025, Greenwave reported a net loss of $24.6 million, despite a 40% revenue growth to $46.7 million. Additionally, the reported Earnings Per Share for fiscal Q4 2025, released on June 12, 2026, was -$7.16.

3. Persistent delays in financial reporting created uncertainty and negatively impacted investor confidence. The failure to file key SEC reports, specifically the 2025 Form 10-K and the fiscal Q1 2026 Form 10-Q, demonstrated ongoing compliance issues and a lack of transparency, which are significant risk factors for investors.

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Stock Movement Drivers

Fundamental Drivers

The -19.8% change in GWAV stock from 2/28/2026 to 6/29/2026 was primarily driven by a -32.5% change in the company's Shares Outstanding (Mil).
(LTM values as of)22820266292026Change
Stock Price ($)3.883.11-19.8%
Change Contribution By: 
Total Revenues ($ Mil)354732.2%
P/S Multiple0.10.1-10.1%
Shares Outstanding (Mil)11-32.5%
Cumulative Contribution-19.8%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/29/2026
ReturnCorrelation
GWAV-19.8% 
Market (SPY)8.3%9.8%
Sector (XLI)3.5%7.7%

Fundamental Drivers

The -53.2% change in GWAV stock from 11/30/2025 to 6/29/2026 was primarily driven by a -47.1% change in the company's Shares Outstanding (Mil).
(LTM values as of)113020256292026Change
Stock Price ($)6.643.11-53.2%
Change Contribution By: 
Total Revenues ($ Mil)324745.0%
P/S Multiple0.10.1-39.0%
Shares Outstanding (Mil)01-47.1%
Cumulative Contribution-53.2%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/29/2026
ReturnCorrelation
GWAV-53.2% 
Market (SPY)9.0%16.7%
Sector (XLI)19.7%14.1%

Fundamental Drivers

The -85.4% change in GWAV stock from 5/31/2025 to 6/29/2026 was primarily driven by a -70.8% change in the company's Shares Outstanding (Mil).
(LTM values as of)53120256292026Change
Stock Price ($)21.243.11-85.4%
Change Contribution By: 
Total Revenues ($ Mil)334739.9%
P/S Multiple0.20.1-64.2%
Shares Outstanding (Mil)01-70.8%
Cumulative Contribution-85.4%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/29/2026
ReturnCorrelation
GWAV-85.4% 
Market (SPY)27.2%-4.0%
Sector (XLI)29.7%-6.5%

Fundamental Drivers

The -100.0% change in GWAV stock from 5/31/2023 to 6/29/2026 was primarily driven by a -99.9% change in the company's Shares Outstanding (Mil).
(LTM values as of)53120236292026Change
Stock Price ($)12870.003.11-100.0%
Change Contribution By: 
Total Revenues ($ Mil)334740.8%
P/S Multiple0.30.1-79.5%
Shares Outstanding (Mil)01-99.9%
Cumulative Contribution-100.0%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/29/2026
ReturnCorrelation
GWAV-100.0% 
Market (SPY)84.3%-1.8%
Sector (XLI)97.3%-3.6%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
GWAV Return0%58627%-36%-99%-93%-38%-87%
Peers Return131%31%23%-18%39%27%434%
S&P 500 Return27%-19%24%23%16%7%96%

Monthly Win Rates [3]
GWAV Win Rate0%8%33%17%25%17% 
Peers Win Rate65%52%48%54%65%58% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
GWAV Max Drawdown0%-85%-67%-100%-100%-44% 
Peers Max Drawdown-23%-36%-28%-34%-26%-25% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NUE, STLD, CMC, MTUS.
[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 6/29/2026 (YTD)

How Low Can It Go

EventGWAVS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-48.6%-9.5%
  % Gain to Breakeven94.6%10.5%
  Time to Breakeven43 days24 days
2020 COVID-19 Crash
  % Loss-72.7%-33.7%
  % Gain to Breakeven266.7%50.9%
  Time to Breakeven858 days140 days

Compare to NUE, STLD, CMC, MTUS

In The Past

Greenwave Technology Solutions's stock fell -48.6% during the Summer-Fall 2023 Five Percent Yield Shock. Such a loss loss requires a 94.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

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EventGWAVS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-48.6%-9.5%
  % Gain to Breakeven94.6%10.5%
  Time to Breakeven43 days24 days
2020 COVID-19 Crash
  % Loss-72.7%-33.7%
  % Gain to Breakeven266.7%50.9%
  Time to Breakeven858 days140 days

Compare to NUE, STLD, CMC, MTUS

In The Past

Greenwave Technology Solutions's stock fell -48.6% during the Summer-Fall 2023 Five Percent Yield Shock. Such a loss loss requires a 94.6% 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 Greenwave Technology Solutions (GWAV)

Greenwave Technology Solutions, Inc. (GWAV) is a metal recycling company that operates primarily in Virginia and North Carolina through its subsidiary, Empire Services, Inc. The company manages 11 metal recycling facilities where it focuses on the collection, classification, and processing of raw scrap metals.

Its core service involves handling a wide range of ferrous and nonferrous metals, including iron, steel, aluminum, copper, lead, stainless steel, and zinc. Greenwave Technology Solutions processes these materials, preparing them for reuse in various industries, thereby playing a vital role in the circular economy by transforming waste into valuable resources.

The company's business model involves both purchasing unprocessed scrap metals and selling both processed and unprocessed materials. Its primary customers are industrial buyers, particularly steel mills and other purchasers who utilize the recycled metals as raw input for their manufacturing processes.

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Greenwave Technology Solutions is like Waste Management (WM) for scrap metal.

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  • Metal Recycling Services: Collection, classification, and processing of raw scrap ferrous and nonferrous metals.
  • Ferrous Scrap Metals: Processed iron and steel sold as raw materials to steel mills and other purchasers.
  • Nonferrous Scrap Metals: Processed aluminum, copper, lead, stainless steel, and zinc sold as raw materials.

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Major Customers of Greenwave Technology Solutions (GWAV):

Greenwave Technology Solutions (GWAV) primarily sells to other companies.

Based on the company description, its major customers are:

  • Steel mills
  • Other industrial purchasers of processed and unprocessed scrap metals

The provided company description does not include the names of specific customer companies.

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Here is the management team for Greenwave Technology Solutions:

Danny Meeks, Chief Executive Officer and Chairman of the Board

Mr. Meeks began his entrepreneurial career at 18 with a hauling company, which he rapidly expanded through reinvestment of profits. In 2004, he founded Empire Services, Inc., which he grew to 11 metal recycling facilities generating $25 million in annual revenue through both acquisitions and new openings. Mr. Meeks successfully sold Meeks Disposal Corporation for $17 million in 2010. Following Super Storm Sandy in 2012, he established Select Recycling Waste Services, Inc., securing a federal subcontract for cleanup services in New Jersey, and later sold the majority of its assets for $27 million in 2020, with remaining assets sold for an additional $3 million in 2021. He also served as Chairman & Chief Executive Officer of MassRoots, Inc. in 2021 and President & Secretary of Empire Services, Inc. from 2002 to 2021. In May 2024, he converted approximately $17.22 million of debt into company equity to strengthen Greenwave's balance sheet.

Chelsea Pullano, Chief Financial Officer

Ms. Pullano was appointed Chief Financial Officer of Greenwave Technology Solutions, Inc. effective February 5, 2026, serving in a part-time capacity through a scope of work agreement with MACK Financial Solutions, LLC. She is a co-founder, partner, and Chief Executive Officer of MACK Financial Solutions, LLC, a position she has held since May 2023. Prior to her role at MACK, Ms. Pullano served as the Chief Financial Officer of Creatd, Inc. from June 2020 to May 2023. Additionally, she was the Director of Finance at the law firm Lucosky Brookman LLP from September 2024 to March 2025.

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The key risks to Greenwave Technology Solutions (GWAV) include its precarious Nasdaq listing status and overall financial distress, the inherent volatility of recycled metal prices, and significant operational challenges common within the metal recycling industry.

  1. Nasdaq Delisting and Financial Distress: Greenwave Technology Solutions has repeatedly faced non-compliance issues with Nasdaq due to delayed filings of its quarterly financial reports. This has led to Staff Determination Letters and threats of trading suspension, with the company actively appealing to maintain its listing. This ongoing compliance struggle raises concerns about the company's financial transparency and ability to meet regulatory requirements, potentially eroding investor confidence. Furthermore, financial analyses suggest the company's financial health is "WEAK," indicating it is "quickly burning through cash" and has short-term obligations that exceed its liquid assets. The company has also engaged in frequent reverse stock splits and convertible debt conversions, which can lead to significant dilution for existing shareholders, often signaling liquidity needs.
  2. Price Volatility of Recycled Metals: The profitability of Greenwave Technology Solutions, a metal recycling company, is highly susceptible to the fluctuating global market prices for recycled metals. Economic downturns or shifts in demand for specific metals can lead to substantial price volatility, directly impacting the company's revenues and overall profitability. Managing these unpredictable price swings is a significant economic hurdle for metal recycling operations.
  3. Operational Risks: The metal recycling industry, in which Greenwave operates, inherently presents various operational challenges. These include substantial health and safety risks for workers, with injury rates significantly higher than average due to exposure to toxic materials like lead, mercury, and cadmium, as well as physical hazards from heavy machinery and sharp debris. Additionally, contamination of recyclable metals with non-metallic or hazardous substances is a common issue that slows down processing, increases operational costs, and reduces efficiency. High energy consumption during metal processing also contributes to operational expenses and environmental concerns.

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The addressable markets for Greenwave Technology Solutions (GWAV), which operates metal recycling facilities in the U.S. states of Virginia and North Carolina, can be identified by the size of the U.S. metal recycling market, particularly for ferrous and nonferrous metals.

  • The U.S. metal recycling market generated a revenue of approximately $78.72 billion in 2024, with projections to reach $92.95 billion by 2030.
  • For ferrous metals, the U.S. ferrous metal market size was valued at approximately $32.37 billion in 2024 and is anticipated to reach around $45.98 billion by 2034.
  • The U.S. nonferrous metal recycling market size was approximately $46.3 billion in 2024 and is projected to grow to $56.3 billion by 2032.

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Here are the key drivers of future revenue growth for Greenwave Technology Solutions (GWAV) over the next 2-3 years:

  1. Increased Demand from Nucor's New Lexington Facility: Greenwave Technology Solutions is strategically positioned to benefit from the opening of Nucor's new 430,000-ton steelmaking facility in Lexington, North Carolina, in 2025. This facility is designed to operate on nearly 100% recycled inputs, which is expected to significantly increase the regional demand for recycled steel, a core product supplied by Greenwave.
  2. Impact of Metal Tariffs: Anticipated and enacted tariffs on steel, aluminum, and potentially copper imports are expected to create a significant tailwind for domestic metal recyclers like Greenwave. These tariffs aim to strengthen America's steel industry and are projected to drive Greenwave's domestic sales to 75% of its revenue in 2025, up from 41% historically, thereby expanding margins and revenue.
  3. Growth in Government Contracts and Infrastructure Projects: Greenwave continues to prioritize securing government contracts as a key driver of revenue and cash flow growth. The company has recently secured exclusive government and municipal contracts, including one for recycling 550,000 pounds of non-ferrous metal (estimated to boost Q4 2024 and Q1 2025 revenues by approximately $2 million) and another with Virginia Beach. Additionally, Greenwave is positioned to capitalize on surging regional infrastructure investment, particularly in the South Atlantic region.
  4. Expansion into Rare-Earth Metal Recovery: In response to global supply disruptions and geopolitical events, Greenwave is accelerating its initiatives in rare-earth metal recovery from end-of-life vehicles, appliances, and heavy machinery. The company views this as a "catalytic converter-level" opportunity, expecting it to generate significant revenue growth in fiscal year 2025 through the efficient extraction of high-value rare-earth minerals.
  5. Acquisition of Profitable Scrap Yards and "Scrap App" Expansion: Greenwave plans to aggressively expand its operational footprint by acquiring additional profitable scrap yards. Concurrently, the rollout of its "Scrap App" to the top 25 U.S. markets in 2025 is expected to contribute to revenue growth, building on the success of comparable platforms that have generated substantial revenue.

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Share Issuance

  • During the year ended December 31, 2024, Greenwave raised $40,369,115 through the sale of common stock and warrants, and an additional $2,834,741 from warrant exercises.
  • In February 2025, Greenwave announced a registered direct offering and concurrent private placement aiming to raise approximately $7 million by issuing 21.1 million shares of common stock along with warrants.
  • A 1-for-110 reverse stock split became effective in August 2025, reducing outstanding shares from 62,794,283 to approximately 570,858, with the goal of regaining Nasdaq compliance.

Inbound Investments

  • Greenwave reported increasing shareholders' equity by approximately $51 million in 2024.
  • The company secured $45.3 million in new capital infusions since March 2024.

Outbound Investments

  • Greenwave Technology Solutions transitioned into the scrap metal industry by acquiring Empire Services, Inc. in October 2021, expanding its operations to include 13 metal recycling facilities.
  • The company recently purchased the real estate for seven of its core facilities, which is expected to reduce annual rent expenses by approximately $1.7 million.

Capital Expenditures

  • Greenwave invested $3.6 million in capital expenditures in Q1 2026, marking a 527.2% increase from the prior quarter, primarily funding long-term assets and infrastructure.
  • In 2022, the company was installing a second shredder and a downstream system, expected to be operational in Q3 2022, aimed at doubling processing capacity and enhancing profit margins.
  • The company possesses over $30 million in "industry-leading equipment."
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Better Bets vs. Greenwave Technology Solutions (GWAV)

Latest Trefis Analyses

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

GWAVNUESTLDCMCMTUSMedian
NameGreenwav.Nucor Steel Dy.Commerci.Metallus  
Mkt Price3.11228.02233.6964.6318.8764.63
Mkt Cap0.052.233.87.20.87.2
Rev LTM4734,16019,0128,3871,1868,387
Op Inc LTM-203,4581,8817047704
FCF LTM-8532665394-78394
FCF 3Y Avg-141,689614493-31493
CFO LTM-63,7561,44584028840
CFO 3Y Avg-84,6682,07692348923

Growth & Margins

GWAVNUESTLDCMCMTUSMedian
NameGreenwav.Nucor Steel Dy.Commerci.Metallus  
Rev Chg LTM39.9%12.3%10.4%8.4%13.7%12.3%
Rev Chg 3Y Avg12.8%-4.2%-3.6%-2.6%-1.7%-2.6%
Rev Chg Q85.3%21.3%19.1%21.5%9.9%21.3%
QoQ Delta Rev Chg LTM18.2%5.1%4.6%4.7%2.4%4.7%
Op Inc Chg LTM-8.4%62.7%18.2%38.9%137.0%38.9%
Op Inc Chg 3Y Avg-39.3%-12.5%-21.7%-12.9%93.0%-12.9%
Op Mgn LTM-43.0%10.1%9.9%8.4%0.6%8.4%
Op Mgn 3Y Avg-41.5%11.4%12.4%8.7%2.3%8.7%
QoQ Delta Op Mgn LTM-2.4%1.9%1.1%0.9%0.4%0.9%
CFO/Rev LTM-12.8%11.0%7.6%10.0%2.4%7.6%
CFO/Rev 3Y Avg-23.2%14.1%11.3%11.3%3.4%11.3%
FCF/Rev LTM-17.3%1.6%3.5%4.7%-6.6%1.6%
FCF/Rev 3Y Avg-39.7%5.0%3.3%6.0%-3.4%3.3%

Valuation

GWAVNUESTLDCMCMTUSMedian
NameGreenwav.Nucor Steel Dy.Commerci.Metallus  
Mkt Cap0.052.233.87.20.87.2
P/S0.11.51.80.90.70.9
P/Op Inc-0.115.118.010.2117.415.1
P/EBIT-0.114.818.610.590.414.8
P/E-0.122.424.714.2271.322.4
P/CFO-0.413.923.48.528.113.9
Total Yield-855.5%5.4%4.9%8.2%0.4%4.9%
Dividend Yield0.0%1.0%0.9%1.1%0.0%0.9%
FCF Yield 3Y Avg-24,773.8%3.9%2.5%7.9%-7.0%2.5%
D/E5.40.10.10.50.00.1
Net D/E5.10.10.10.4-0.10.1

Returns

GWAVNUESTLDCMCMTUSMedian
NameGreenwav.Nucor Steel Dy.Commerci.Metallus  
1M Rtn-14.8%-8.8%-10.2%-15.0%-4.0%-10.2%
3M Rtn-6.6%38.4%36.5%7.9%16.5%16.5%
6M Rtn-43.4%38.7%36.0%-7.9%7.5%7.5%
12M Rtn-85.4%76.1%80.5%30.8%21.2%30.8%
3Y Rtn-100.0%44.8%123.2%27.3%-12.5%27.3%
1M Excs Rtn-13.2%-6.9%-8.7%-14.4%-3.1%-8.7%
3M Excs Rtn-25.5%22.7%20.3%-5.6%0.9%0.9%
6M Excs Rtn-50.0%31.4%26.7%-15.5%-1.9%-1.9%
12M Excs Rtn-106.3%56.1%59.0%9.4%2.6%9.4%
3Y Excs Rtn-169.8%-14.4%68.5%-40.1%-74.5%-40.1%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Scrap Metal Recycling23    
Hauling10    
Other0    
Single Segment 363480
Total33363480


Price Behavior

Price Behavior
Market Price$3.11 
Market Cap ($ Bil)0.0 
First Trading Date03/16/2018 
Distance from 52W High-90.3% 
   50 Days200 Days
DMA Price$3.59$5.08
DMA Trenddowndown
Distance from DMA-13.4%-38.8%
 3M1YR
Volatility57.2%11,949.7%
Downside Capture113.03239.42
Upside Capture30.58-42.71
Correlation (SPY)18.0%-3.9%
GWAV Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta2.451.770.771.39-45.45-8.27
Up Beta2.000.820.921.551.530.64
Down Beta2.250.06-2.141.0136.7117.19
Up Capture139%164%108%46%-1%-7%
Bmk +ve Days13283667141432
Stock +ve Days10213052103313
Down Capture443%455%189%203%187%113%
Bmk -ve Days7132757109318
Stock -ve Days9183169143430

[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 GWAV
GWAV-85.2%11,902.2%0.98-
Sector ETF (XLI)27.2%16.5%1.28-6.6%
Equity (SPY)22.2%12.5%1.32-4.1%
Gold (GLD)20.2%27.8%0.65-1.1%
Commodities (DBC)21.3%18.6%0.902.1%
Real Estate (VNQ)15.6%13.6%0.82-4.5%
Bitcoin (BTCUSD)-44.0%42.6%-1.25-13.1%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with GWAV
GWAV-87.1%6,018.7%0.48-
Sector ETF (XLI)14.2%17.6%0.64-2.9%
Equity (SPY)13.5%17.1%0.61-1.3%
Gold (GLD)17.2%18.3%0.76-0.8%
Commodities (DBC)7.1%19.5%0.261.5%
Real Estate (VNQ)2.9%18.8%0.05-1.4%
Bitcoin (BTCUSD)13.6%53.8%0.44-5.8%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with GWAV
GWAV-73.3%5,488.1%0.43-
Sector ETF (XLI)14.5%20.1%0.64-2.2%
Equity (SPY)15.4%18.0%0.73-1.0%
Gold (GLD)11.5%16.1%0.58-0.8%
Commodities (DBC)5.7%18.0%0.241.4%
Real Estate (VNQ)5.6%20.7%0.23-1.0%
Bitcoin (BTCUSD)55.0%66.4%0.95-4.6%

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Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity0.0 Mil
Short Interest: % Change Since 5312026-9.1%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest2.2 days
Basic Shares Quantity0.8 Mil
Short % of Basic Shares3.3%

Earnings Returns History

Updated 6/3/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
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# Negative000
Median Positive   
Median 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
12/31/202506/15/202610-K
09/30/202503/06/202610-Q
06/30/202502/05/202610-Q
03/31/202511/19/202510-Q
12/31/202404/15/202510-K
09/30/202411/15/202410-Q
06/30/202408/19/202410-Q
03/31/202405/20/202410-Q
12/31/202304/16/202410-K
09/30/202311/14/202310-Q
06/30/202308/14/202310-Q
03/31/202305/15/202310-Q
12/31/202203/31/202310-K
09/30/202211/14/202210-Q
06/30/202208/10/202210-Q
03/31/202205/16/202210-Q
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Report DateFiling DateFiling
12/31/202506/15/202610-K
09/30/202503/06/202610-Q
06/30/202502/05/202610-Q
03/31/202511/19/202510-Q
12/31/202404/15/202510-K
09/30/202411/15/202410-Q
06/30/202408/19/202410-Q
03/31/202405/20/202410-Q
12/31/202304/16/202410-K
09/30/202311/14/202310-Q
06/30/202308/14/202310-Q
03/31/202305/15/202310-Q
12/31/202203/31/202310-K
09/30/202211/14/202210-Q
06/30/202208/10/202210-Q
03/31/202205/16/202210-Q
12/31/202104/14/202210-K
09/30/202111/22/202110-Q
06/30/202108/23/202110-Q
03/31/202106/25/202110-Q
12/31/202004/16/202110-K
09/30/202012/18/202010-Q
06/30/202009/04/202010-Q
03/31/202009/04/202010-Q
12/31/201907/16/202010-K
09/30/201902/26/202010-Q
06/30/201909/03/201910-Q
03/31/201905/20/201910-Q
Core Cache Last Updated: 6/29/2026