Hudson Technologies (HDSN)
Market Price (2/22/2026): $7.39 | Market Cap: $322.6 MilSector: Materials | Industry: Specialty Chemicals
Hudson Technologies (HDSN)
Market Price (2/22/2026): $7.39Market Cap: $322.6 MilSector: MaterialsIndustry: Specialty Chemicals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.1%, FCF Yield is 14% | Weak multi-year price returns2Y Excs Rtn is -87%, 3Y Excs Rtn is -96% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -9.0% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -26% | Key risksHDSN key risks include [1] depressed gross margins from refrigerant price volatility and high inventory levels and [2] revenue declines resulting from significant customer concentration, Show more. | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19% | ||
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -29% | ||
| Low stock price volatilityVol 12M is 48% | ||
| Megatrend and thematic driversMegatrends include Circular Economy & Recycling, Electrification of Everything, and Sustainable & Green Buildings. Themes include Advanced Recycling Technologies, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.1%, FCF Yield is 14% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -26% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -29% |
| Low stock price volatilityVol 12M is 48% |
| Megatrend and thematic driversMegatrends include Circular Economy & Recycling, Electrification of Everything, and Sustainable & Green Buildings. Themes include Advanced Recycling Technologies, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -87%, 3Y Excs Rtn is -96% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -9.0% |
| Key risksHDSN key risks include [1] depressed gross margins from refrigerant price volatility and high inventory levels and [2] revenue declines resulting from significant customer concentration, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Sudden CEO Transition. On November 4, 2025, Hudson Technologies announced that its Chairman and Chief Executive Officer, Brian Coleman, stepped down immediately. This unexpected leadership change created uncertainty among investors, leading to a 7.8% drop in the stock price on the day of the announcement, despite the simultaneous release of strong preliminary third-quarter financial results.
2. Analyst Downgrades and Shifting Sentiment. While some analysts maintained a "Strong Buy" rating, the period saw two analyst downgrades within 90 days prior to late January 2026. The overall analyst consensus rating for Hudson Technologies also shifted towards a "Hold" from some sources, indicating a more cautious outlook from a portion of the analyst community.
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Stock Movement Drivers
Fundamental Drivers
The -18.7% change in HDSN stock from 10/31/2025 to 2/21/2026 was primarily driven by a -35.0% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 2212026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.07 | 7.38 | -18.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 225 | 237 | 5.4% |
| Net Income Margin (%) | 8.1% | 9.6% | 18.8% |
| P/E Multiple | 21.8 | 14.2 | -35.0% |
| Shares Outstanding (Mil) | 44 | 44 | 0.0% |
| Cumulative Contribution | -18.7% |
Market Drivers
10/31/2025 to 2/21/2026| Return | Correlation | |
|---|---|---|
| HDSN | -18.7% | |
| Market (SPY) | 1.1% | 38.3% |
| Sector (XLB) | 23.6% | 38.1% |
Fundamental Drivers
The -21.4% change in HDSN stock from 7/31/2025 to 2/21/2026 was primarily driven by a -39.8% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 2212026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.39 | 7.38 | -21.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 227 | 237 | 4.2% |
| Net Income Margin (%) | 7.7% | 9.6% | 24.0% |
| P/E Multiple | 23.5 | 14.2 | -39.8% |
| Shares Outstanding (Mil) | 44 | 44 | 0.9% |
| Cumulative Contribution | -21.4% |
Market Drivers
7/31/2025 to 2/21/2026| Return | Correlation | |
|---|---|---|
| HDSN | -21.4% | |
| Market (SPY) | 9.4% | 35.1% |
| Sector (XLB) | 21.3% | 35.0% |
Fundamental Drivers
The 27.2% change in HDSN stock from 1/31/2025 to 2/21/2026 was primarily driven by a 66.1% change in the company's P/E Multiple.| (LTM values as of) | 1312025 | 2212026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.80 | 7.38 | 27.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 247 | 237 | -4.2% |
| Net Income Margin (%) | 12.5% | 9.6% | -23.2% |
| P/E Multiple | 8.5 | 14.2 | 66.1% |
| Shares Outstanding (Mil) | 45 | 44 | 4.1% |
| Cumulative Contribution | 27.2% |
Market Drivers
1/31/2025 to 2/21/2026| Return | Correlation | |
|---|---|---|
| HDSN | 27.2% | |
| Market (SPY) | 15.6% | 41.1% |
| Sector (XLB) | 21.0% | 41.5% |
Fundamental Drivers
The -27.7% change in HDSN stock from 1/31/2023 to 2/21/2026 was primarily driven by a -71.1% change in the company's Net Income Margin (%).| (LTM values as of) | 1312023 | 2212026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.21 | 7.38 | -27.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 316 | 237 | -24.9% |
| Net Income Margin (%) | 33.2% | 9.6% | -71.1% |
| P/E Multiple | 4.4 | 14.2 | 223.1% |
| Shares Outstanding (Mil) | 45 | 44 | 3.2% |
| Cumulative Contribution | -27.7% |
Market Drivers
1/31/2023 to 2/21/2026| Return | Correlation | |
|---|---|---|
| HDSN | -27.7% | |
| Market (SPY) | 75.9% | 29.6% |
| Sector (XLB) | 32.0% | 32.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| HDSN Return | 307% | 128% | 33% | -59% | 23% | 7% | 572% |
| Peers Return | 41% | -40% | 6% | 21% | 11% | 5% | 27% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 0% | 83% |
Monthly Win Rates [3] | |||||||
| HDSN Win Rate | 92% | 58% | 50% | 17% | 67% | 100% | |
| Peers Win Rate | 62% | 35% | 47% | 48% | 42% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| HDSN Max Drawdown | -4% | -24% | -25% | -61% | -6% | -1% | |
| Peers Max Drawdown | -4% | -55% | -29% | -32% | -23% | -7% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: FUL, GEVO, FSI, LOOP, SHW.
[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 2/20/2026 (YTD)
How Low Can It Go
| Event | HDSN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -38.4% | -25.4% |
| % Gain to Breakeven | 62.4% | 34.1% |
| Time to Breakeven | 42 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -42.0% | -33.9% |
| % Gain to Breakeven | 72.4% | 51.3% |
| Time to Breakeven | 84 days | 148 days |
| 2018 Correction | ||
| % Loss | -96.7% | -19.8% |
| % Gain to Breakeven | 2945.2% | 24.7% |
| Time to Breakeven | 998 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -74.2% | -56.8% |
| % Gain to Breakeven | 288.2% | 131.3% |
| Time to Breakeven | 1,250 days | 1,480 days |
Compare to FUL, GEVO, FSI, LOOP, SHW
In The Past
Hudson Technologies's stock fell -38.4% during the 2022 Inflation Shock from a high on 8/25/2022. A -38.4% loss requires a 62.4% gain to breakeven.
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About Hudson Technologies (HDSN)
AI Analysis | Feedback
Here are 1-2 brief analogies for Hudson Technologies (HDSN):
- Linde for recycled refrigerants.
- Clean Harbors for refrigerants, focused on purification and reuse.
AI Analysis | Feedback
- Refrigerant Sales: Sells a variety of refrigerants, including reclaimed and virgin fluorocarbon, hydrofluorocarbon (HFC), and hydrochlorofluorocarbon (HCFC) refrigerants.
- Refrigerant Management Services: Provides services such as on-site recovery of refrigerants, laboratory testing, and management of refrigerant cylinders for customers.
- Refrigerant Reclamation: Reclaims used refrigerants to industry specifications, allowing for their reuse and reducing environmental impact.
- Refrigerant Gas Analysis: Offers analytical services to test and verify the purity and composition of refrigerants.
AI Analysis | Feedback
Hudson Technologies (HDSN) primarily sells its products and services to other companies and governmental entities (B2B model) within the commercial and industrial HVACR (heating, ventilation, air conditioning, and refrigeration) industry.
The company serves a broad and fragmented customer base, and as such, it does not publicly disclose specific major customer companies by name in its filings or investor materials. Hudson Technologies states that no single customer accounts for a material portion of its revenues, indicating a diverse customer portfolio rather than reliance on a few large buyers.
However, Hudson Technologies' customer categories include:
- Commercial and Industrial End-Users: Businesses and organizations that operate large-scale HVACR systems in their facilities. This includes a wide range of sectors such as office buildings, hospitals, schools, supermarkets, data centers, manufacturing plants, and other commercial and industrial facilities that require refrigerants for cooling and climate control.
- HVACR Contractors: Companies specializing in the installation, maintenance, and repair of refrigeration and air conditioning systems. These contractors purchase refrigerants and related services (like recovery and reclamation) from Hudson Technologies for their various projects and service contracts.
- Governmental Entities: Various federal, state, and local government agencies and institutions that require refrigerants and services for their HVACR infrastructure in government buildings, military bases, and public facilities.
- Refrigerant Wholesalers and Distributors: Companies that procure refrigerants in bulk from suppliers like Hudson Technologies and then distribute them to smaller contractors and end-users through their supply chains.
AI Analysis | Feedback
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Brian F. Coleman, Chairman of the Board, President and Chief Executive Officer
Brian Coleman has been Chairman of the Board, President and Chief Executive Officer of Hudson Technologies since June 2020. Prior to this, he served as President and Chief Operating Officer of the company from August 2001 to May 2020, and as Chief Financial Officer from May 1997 until December 2002. Before joining Hudson Technologies in May 1997, Mr. Coleman was employed by BDO USA, P.C., the company's independent auditors, from June 1987 to May 1997, becoming a partner from July 1995 to May 1997. He also serves as President & Chief Operating Officer of ASPEN Refrigerants, Inc., a subsidiary of Hudson Technologies.
Brian J. Bertaux, Chief Financial Officer
Brian Bertaux assumed the role of Chief Financial Officer in August 2024. He brings 20 years of experience from Trex, an NYSE-traded company, where he held various positions including Senior Director, Finance and Strategy, and interim President of Trex Commercial Products. During his tenure at Trex, the company's annual revenue increased from $100 million to $900 million. More recently, Mr. Bertaux was Vice President, Finance for vonDrehle Corporation, which was acquired by Marcal Paper in December 2022. He also served as Chief Financial Officer for Brown Haven Homes from 2023 to 2024. Mr. Bertaux is a Certified Public Accountant (CPA) and a Certified Treasury Professional (CTP).
Kathleen L. Houghton, Senior Vice President- Sales and Marketing
Kathleen L. Houghton has been Senior Vice President- Sales and Marketing since 2023 and an executive officer since 2020, having joined Hudson Technologies in 2014 as Director of Marketing. She has also served as a Director of the Company since October 2023. Ms. Houghton has over 30 years of experience in industrial manufacturing companies, including 16 years with Kidde-Fenwal/United Technologies where she was Director of Marketing, Global Suppression. Her previous roles also include Vice President of Marketing at C & M Corporation and Vice President of Sales & Marketing at Safety Hi-Tech USA.
Marcos G. Decheona, Vice President of Operations
Marcos G. Decheona serves as the Vice President of Operations for Hudson Technologies. His background includes roles as VP/Director of Operations and General Manager in various industries. He spent 9 years in HVAC Controls/Services with JCI and Schneider Electric, and 10 years in Engineered Transmission Line Tower manufacturing with Valmont & Sabre Industries. He also has experience with Operational Excellence (Lean Manufacturing) Consulting in diverse industrial manufacturing environments.
Loan N. Mansy, Director and Executive Officer
Loan N. Mansy has been a Director of Hudson Technologies since September 2022 and serves as an executive officer. She has over 30 years of experience as a business leader in the chemical and waste management industries. Prior to her current roles, she served as President (2023) and Executive Vice President — Sales & Service (2019-2023) at Clean Harbors, Inc., a hazardous waste management company. From 2017 to 2019, she was Area President of Republic Services, Inc., a provider of non-hazardous solid waste management services. Ms. Mansy also held managerial positions at Akzo Nobel N.V., Eastman Chemical Company, Solutia Inc., and Monsanto Chemical Co.
AI Analysis | Feedback
The key risks to Hudson Technologies' business are primarily centered around the inherent volatility and regulatory nature of the refrigerant industry, as well as specific customer relationships:
-
Refrigerant Price Volatility and Inventory Management: Hudson Technologies faces significant risk from fluctuations in HFC refrigerant prices and managing its inventory levels. Overestimated demand for HFC refrigerants has led to high inventory and depressed prices, directly impacting the company's near-term performance, revenue, and gross margins. The company's use of the FIFO (first-in, first-out) accounting method can exacerbate the impact of falling prices on reported gross margins.
-
Regulatory Changes and Compliance in the Refrigerant Industry: Operating in a highly regulated sector, Hudson Technologies is subject to various environmental policies, including the Clean Air Act and the American Innovation and Manufacturing (AIM) Act. While the AIM Act is seen as a long-term driver for refrigerant reclamation, changes in these regulations, new mandates from the EPA (such as the Refrigerant Management rule), or non-compliance could lead to fines, increased operating costs, or a loss of market share.
-
Customer Concentration: A significant portion of Hudson Technologies' revenue is derived from a limited number of large customers. Specifically, the company has experienced challenges, including decreased revenue from its Defense Logistics Agency (DLA) contract, which contributed to a decline in overall revenues in Q1 2024. The loss or reduction of business from a major customer could significantly impact the company's financial performance.
AI Analysis | Feedback
The accelerating global adoption of natural refrigerants (such as CO2, ammonia, and hydrocarbons) in various refrigeration and air conditioning applications. Hudson Technologies' core business and established infrastructure are primarily focused on the reclamation, management, and destruction of fluorocarbon refrigerants (HCFCs and HFCs). Natural refrigerants typically have different handling, regulatory, and lifecycle management requirements, and in many cases, are not subject to the same reclamation and reuse cycles as fluorocarbons. As the industry increasingly transitions to these alternative refrigerants due to environmental regulations and sustainability goals, the addressable market for HDSN's traditional fluorocarbon-centric services could gradually diminish, challenging their established business model and infrastructure specialization.
AI Analysis | Feedback
Hudson Technologies (HDSN) primarily operates within the refrigerant and refrigerant services market, serving the Heating, Ventilation, Air Conditioning, and Refrigeration (HVACR) industry. Their main products and services include refrigerant sales, refrigerant reclamation, refrigerant management services, and on-site services for HVACR systems.
The addressable markets for Hudson Technologies' main products and services can be sized as follows:
- Global Refrigerant Market: The global refrigerants market size was valued at approximately USD 26.11 billion in 2024 and is projected to reach USD 47.98 billion by 2032. Other estimates place the global market at USD 28.86 billion in 2024, expected to reach USD 53.02 billion by 2032.
- U.S. Refrigerant Market: The U.S. refrigerants market is currently valued at approximately USD 5.1 billion. In 2022, the market size was USD 5.02 billion and is projected to grow significantly, reaching an estimated value of USD 11.98 billion by 2032.
AI Analysis | Feedback
Hudson Technologies (HDSN) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:
- Increased Sales Volume: The company's revenue growth in the third quarter of 2025 was attributed to increased sales volume, a trend anticipated to continue and contribute to overall revenue expansion. Analysts also project overall revenue growth for Hudson Technologies, suggesting a sustained increase in sales volume.
- Higher Average Selling Prices of Refrigerants: Elevated average selling prices for refrigerants significantly contributed to Hudson Technologies' revenue growth and improved gross margins in Q3 2025. The ongoing HFC phase-down under the AIM Act is a long-term catalyst expected to tighten supply and consequently drive refrigerant prices upward, although a complete supply-demand equilibrium may not materialize until around 2029.
- Growth in Refrigerant Reclamation Activity: Hudson Technologies' reclamation activities grew in line with the industry, increasing by 19% in 2024. The AIM Act is expected to further accelerate reclamation efforts, positioning this segment as a significant contributor to future revenue.
- U.S. Defense Logistics Agency (DLA) Contract: The company secured a new five-year indefinite delivery, indefinite quantity contract with the U.S. Defense Logistics Agency, valued at $210 million, with an option for a five-year renewal. This contract provides substantial revenue visibility and stability.
- Organic and Inorganic Growth Opportunities: Hudson Technologies is strategically pursuing both organic growth and inorganic opportunities, including mergers and acquisitions (M&A) and service expansion. The 2024 acquisition of USA Refrigerants exemplifies the company's inorganic growth strategy aimed at enhancing its recovery and reclamation capabilities.
AI Analysis | Feedback
Share Repurchases
- Hudson Technologies' board of directors approved an increase to the share repurchase program on October 25, 2024, authorizing up to an additional $10 million in shares for each of the years 2024 and 2025, totaling $20 million.
- The company repurchased $1.3 million of common stock in Q3 2025, bringing the total repurchases year-to-date in 2025 to $5.8 million.
- In Q2 2025, Hudson Technologies repurchased $2.7 million of stock.
Share Issuance
- No significant dollar amount of share issuances by the company was identified within the specified period.
Inbound Investments
- No large inbound investments made in the company by third-parties were identified within the specified period.
Outbound Investments
- On June 7, 2024, Hudson Technologies acquired substantially all the assets of USA United Suppliers of America, Inc. d/b/a USA Refrigerants for $20.7 million, including potential earn-out payments up to an additional $2 million.
- The company's capital allocation strategy includes pursuing acquisition opportunities that strengthen its capabilities or enhance its footprint.
Capital Expenditures
- Capital expenditures were -$5.49 million in the last 12 months as of November 6, 2025.
- The company's capital allocation strategy includes investing in organic growth.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Hudson Technologies Earnings Notes | 12/16/2025 | |
| With Hudson Technologies Stock Sliding, Have You Assessed The Risk? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
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|---|---|---|---|---|---|---|---|
| 01302026 | B | Barrick Mining | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 4.6% | 4.6% | -4.0% |
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Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 6.37 |
| Mkt Cap | 0.4 |
| Rev LTM | 179 |
| Op Inc LTM | 15 |
| FCF LTM | 22 |
| FCF 3Y Avg | 29 |
| CFO LTM | 27 |
| CFO 3Y Avg | 34 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 0.6% |
| Rev Chg 3Y Avg | -0.0% |
| Rev Chg Q | 16.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 11.0% |
| Op Mgn 3Y Avg | 11.2% |
| QoQ Delta Op Mgn LTM | 1.7% |
| CFO/Rev LTM | 9.7% |
| CFO/Rev 3Y Avg | 11.4% |
| FCF/Rev LTM | 0.6% |
| FCF/Rev 3Y Avg | 5.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.4 |
| P/S | 2.7 |
| P/EBIT | 11.8 |
| P/E | 18.9 |
| P/CFO | 10.0 |
| Total Yield | 3.3% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 3.7% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 0.8% |
| 3M Rtn | 8.1% |
| 6M Rtn | -7.3% |
| 12M Rtn | 11.2% |
| 3Y Rtn | 0.7% |
| 1M Excs Rtn | 0.3% |
| 3M Excs Rtn | 5.9% |
| 6M Excs Rtn | -13.3% |
| 12M Excs Rtn | -5.1% |
| 3Y Excs Rtn | -74.2% |
Price Behavior
| Market Price | $7.38 | |
| Market Cap ($ Bil) | 0.3 | |
| First Trading Date | 11/02/1994 | |
| Distance from 52W High | -29.3% | |
| 50 Days | 200 Days | |
| DMA Price | $7.23 | $8.18 |
| DMA Trend | up | down |
| Distance from DMA | 2.1% | -9.7% |
| 3M | 1YR | |
| Volatility | 34.1% | 47.7% |
| Downside Capture | 35.74 | 112.30 |
| Upside Capture | 76.41 | 120.46 |
| Correlation (SPY) | 30.6% | 41.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.48 | 1.00 | 1.86 | 1.44 | 1.00 | 0.91 |
| Up Beta | 2.10 | 1.09 | 0.41 | 1.34 | 0.83 | 0.73 |
| Down Beta | 1.74 | 0.90 | 2.80 | 1.83 | 1.05 | 1.33 |
| Up Capture | 143% | 86% | 105% | 66% | 130% | 35% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 11 | 20 | 30 | 61 | 121 | 350 |
| Down Capture | 73% | 120% | 234% | 178% | 107% | 99% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 7 | 17 | 27 | 60 | 123 | 385 |
[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 HDSN | |
|---|---|---|---|---|
| HDSN | 24.4% | 47.7% | 0.61 | - |
| Sector ETF (XLB) | 19.6% | 20.8% | 0.76 | 41.2% |
| Equity (SPY) | 13.5% | 19.4% | 0.53 | 41.3% |
| Gold (GLD) | 74.5% | 25.6% | 2.15 | 4.2% |
| Commodities (DBC) | 7.2% | 16.9% | 0.25 | 15.9% |
| Real Estate (VNQ) | 7.1% | 16.7% | 0.24 | 25.6% |
| Bitcoin (BTCUSD) | -29.7% | 44.9% | -0.65 | 22.4% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HDSN | |
|---|---|---|---|---|
| HDSN | 32.9% | 59.5% | 0.71 | - |
| Sector ETF (XLB) | 9.4% | 18.9% | 0.39 | 33.0% |
| Equity (SPY) | 13.4% | 17.0% | 0.62 | 32.1% |
| Gold (GLD) | 22.6% | 17.1% | 1.08 | -0.3% |
| Commodities (DBC) | 10.9% | 19.0% | 0.46 | 7.3% |
| Real Estate (VNQ) | 5.0% | 18.8% | 0.17 | 23.2% |
| Bitcoin (BTCUSD) | 7.4% | 57.1% | 0.35 | 11.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HDSN | |
|---|---|---|---|---|
| HDSN | 9.8% | 78.3% | 0.45 | - |
| Sector ETF (XLB) | 12.7% | 20.6% | 0.55 | 17.1% |
| Equity (SPY) | 16.1% | 17.9% | 0.77 | 17.4% |
| Gold (GLD) | 14.8% | 15.6% | 0.79 | -0.3% |
| Commodities (DBC) | 8.6% | 17.6% | 0.40 | 5.3% |
| Real Estate (VNQ) | 7.0% | 20.7% | 0.30 | 13.0% |
| Bitcoin (BTCUSD) | 68.0% | 66.7% | 1.07 | 4.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/3/2025 | -6.3% | -22.8% | -15.8% |
| 7/30/2025 | 12.9% | 18.8% | 23.6% |
| 3/6/2025 | 3.4% | 6.1% | -2.9% |
| 11/4/2024 | -22.0% | -24.5% | -20.4% |
| 8/6/2024 | 6.8% | 6.6% | 6.9% |
| 3/6/2024 | -18.5% | -20.8% | -25.5% |
| 11/1/2023 | -2.8% | -6.2% | -0.1% |
| 8/2/2023 | 26.5% | 20.5% | 39.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 6 | 10 | 8 |
| # Negative | 12 | 8 | 10 |
| Median Positive | 13.8% | 13.1% | 26.3% |
| Median Negative | -5.9% | -13.6% | -14.1% |
| Max Positive | 34.9% | 47.7% | 57.8% |
| Max Negative | -22.0% | -24.5% | -28.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/01/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/12/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/14/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 03/14/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/08/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
| 12/31/2021 | 03/24/2022 | 10-K |
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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