IM Cannabis (IMCC)
Market Price (3/30/2026): $0.4867 | Market Cap: $1.6 MilSector: Health Care | Industry: Pharmaceuticals
IM Cannabis (IMCC)
Market Price (3/30/2026): $0.4867Market Cap: $1.6 MilSector: Health CareIndustry: Pharmaceuticals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -71% | Weak multi-year price returns2Y Excs Rtn is -102%, 3Y Excs Rtn is -150% | Penny stockMkt Price is 0.5 |
| Attractive yieldFCF Yield is 147% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -4.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8.9% | |
| Megatrend and thematic driversMegatrends include Health & Wellness Trends. Themes include Cannabis-Based Wellness. | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 893% | |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -14% | ||
| 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 -128% | ||
| High stock price volatilityVol 12M is 154% | ||
| Key risksIMCC key risks include [1] severe financial distress, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -71% |
| Attractive yieldFCF Yield is 147% |
| Megatrend and thematic driversMegatrends include Health & Wellness Trends. Themes include Cannabis-Based Wellness. |
| Weak multi-year price returns2Y Excs Rtn is -102%, 3Y Excs Rtn is -150% |
| Penny stockMkt Price is 0.5 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -4.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8.9% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 893% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -14% |
| 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 -128% |
| High stock price volatilityVol 12M is 154% |
| Key risksIMCC key risks include [1] severe financial distress, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Deteriorating Financial Performance and Liquidity Concerns. IM Cannabis reported challenging third-quarter 2025 financial results on November 13, 2025, just prior to the specified period. The company experienced a 13% decrease in gross profit to $2.7 million, a significant 68% increase in operating expenses to $6.9 million, and a net loss of $3.9 million. These figures, coupled with low cash and restricted cash totaling $2.3 million as of September 30, 2025, highlighted the company's financial strain. Further, in January 2026, IM Cannabis raised approximately US$2.17 million through note financings, with the first note having an 8% interest rate (rising to 14% on default) and conversion terms that could be dilutive at a floor of US$0.29, indicating ongoing capital needs and potential financial pressure.
2. Significant Strategic Pivot Away from Core Cannabis Business. On March 17, 2026, IM Cannabis announced a non-binding letter of intent to acquire a 51% stake in Blackaxe Technologies, a Polish defense-tech firm specializing in satellite intelligence and counter-UAS/cyber interception solutions. This proposed acquisition signals a drastic strategic shift away from the company's established medical cannabis operations in Israel and Germany. Such a substantial change in business focus to a completely different industry can create investor uncertainty and skepticism regarding the company's future direction and ability to execute on this new strategy, especially for a company already facing profitability challenges in its existing segment.
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Stock Movement Drivers
Fundamental Drivers
The -71.8% change in IMCC stock from 11/30/2025 to 3/29/2026 was primarily driven by a -71.8% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.82 | 0.51 | -71.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 52 | 52 | 0.0% |
| P/S Multiple | 0.1 | 0.0 | -71.8% |
| Shares Outstanding (Mil) | 3 | 3 | 0.0% |
| Cumulative Contribution | -71.8% |
Market Drivers
11/30/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| IMCC | -71.8% | |
| Market (SPY) | -5.3% | 4.5% |
| Sector (XLV) | -8.7% | -13.2% |
Fundamental Drivers
The -77.9% change in IMCC stock from 8/31/2025 to 3/29/2026 was primarily driven by a -77.9% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.32 | 0.51 | -77.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 52 | 52 | 0.0% |
| P/S Multiple | 0.1 | 0.0 | -77.9% |
| Shares Outstanding (Mil) | 3 | 3 | 0.0% |
| Cumulative Contribution | -77.9% |
Market Drivers
8/31/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| IMCC | -77.9% | |
| Market (SPY) | 0.6% | 10.7% |
| Sector (XLV) | 5.2% | -0.8% |
Fundamental Drivers
The -75.2% change in IMCC stock from 2/28/2025 to 3/29/2026 was primarily driven by a -64.5% change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.07 | 0.51 | -75.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 51 | 52 | 2.0% |
| P/S Multiple | 0.1 | 0.0 | -64.5% |
| Shares Outstanding (Mil) | 2 | 3 | -31.6% |
| Cumulative Contribution | -75.2% |
Market Drivers
2/28/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| IMCC | -75.2% | |
| Market (SPY) | 9.8% | 3.1% |
| Sector (XLV) | -2.1% | 1.3% |
Fundamental Drivers
The -91.7% change in IMCC stock from 2/28/2023 to 3/29/2026 was primarily driven by a -79.3% change in the company's P/S Multiple.| (LTM values as of) | 2282023 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.17 | 0.51 | -91.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 50 | 52 | 5.3% |
| P/S Multiple | 0.2 | 0.0 | -79.3% |
| Shares Outstanding (Mil) | 1 | 3 | -61.9% |
| Cumulative Contribution | -91.7% |
Market Drivers
2/28/2023 to 3/29/2026| Return | Correlation | |
|---|---|---|
| IMCC | -91.7% | |
| Market (SPY) | 69.4% | -0.0% |
| Sector (XLV) | 18.4% | -0.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| IMCC Return | -64% | -97% | -63% | 9% | -40% | -64% | -100% |
| Peers Return | -17% | -49% | -56% | -16% | -11% | -19% | -89% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| IMCC Win Rate | 30% | 17% | 33% | 42% | 33% | 0% | |
| Peers Win Rate | 25% | 23% | 38% | 32% | 42% | 20% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| IMCC Max Drawdown | -76% | -97% | -66% | -44% | -57% | -64% | |
| Peers Max Drawdown | -29% | -51% | -65% | -29% | -50% | -21% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: TLRY, CRON, ACB, CGC, OGI.
[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 3/27/2026 (YTD)
How Low Can It Go
| Event | IMCC | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -99.7% | -25.4% |
| % Gain to Breakeven | 30978.5% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
Compare to TLRY, CRON, ACB, CGC, OGI
In The Past
IM Cannabis's stock fell -99.7% during the 2022 Inflation Shock from a high on 3/3/2021. A -99.7% loss requires a 30978.5% gain to breakeven.
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About IM Cannabis (IMCC)
AI Analysis | Feedback
Here are 1-3 brief analogies for IM Cannabis (IMCC):
- Like a Philip Morris or Altria, but for cannabis instead of tobacco.
- Like an Anheuser-Busch InBev or Diageo, but specializing in cannabis products.
AI Analysis | Feedback
- Cannabis Flowers: Medical cannabis products in flower form, offered under the IMC brand.
- Strain-Specific Cannabis Extracts: Concentrated cannabis products tailored to specific strains, offered under the IMC brand.
- Dried Flower: Cannabis in its dried form for medical or adult-use consumers, available under the WAGNERS and Highland Grow brands.
- Pre-rolls: Convenient pre-rolled cannabis products, available under the WAGNERS and Highland Grow brands.
- Pressed Hash Offerings: Concentrated cannabis resin in a pressed form, available under the WAGNERS and Highland Grow brands.
AI Analysis | Feedback
IM Cannabis Corp. (symbol: IMCC) is primarily engaged in the breeding, growing, and supply of medical and adult-use cannabis products in Israel, Germany, and Canada. While their products ultimately reach medical patients and adult-use recreational consumers, the company typically operates within regulated supply chains, meaning it sells its branded products (IMC, WAGNERS, Highland Grow) primarily to other businesses (B2B) rather than directly to individuals.
Due to competitive and commercial confidentiality reasons, IM Cannabis Corp. does not publicly disclose the specific names of its major customer companies. However, based on the standard operating models in the cannabis industry across its markets, its major customers fall into the following categories:
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Licensed Cannabis Retailers and Provincial Distributors (Canada): In the Canadian adult-use market, IM Cannabis sells its recreational brands (WAGNERS, Highland Grow) to licensed provincial government distributors (e.g., Ontario Cannabis Store - OCS, BC Liquor Distribution Branch - BCLDB, Alberta Gaming, Liquor & Cannabis - AGLC) which then distribute to private licensed cannabis retailers. In some provinces, they may also sell directly to licensed private retailers.
-
Licensed Pharmacies and Pharmaceutical Wholesalers (Germany and Israel): For its medical cannabis products under the IMC brand, IM Cannabis supplies licensed pharmacies in both Germany and Israel. In Germany, this often involves sales through pharmaceutical wholesalers who then distribute to pharmacies. In Israel, the distribution model typically involves direct supply to licensed medical cannabis pharmacies.
-
Specialized Medical Cannabis Distributors (Germany and Israel): The company may also work with specialized distributors focused solely on medical cannabis products to reach pharmacies, clinics, and other licensed dispensing points in these regulated medical markets.
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Oren Shuster, Chief Executive Officer
Oren Shuster brings over two decades of entrepreneurial experience in founding and growing companies within the med-tech and technology/software industries. Prior to IM Cannabis, he co-founded E-wave, an international technology company providing software solutions, which today employs 1,000 professionals across several countries. Shuster has also held executive positions in the telecom and digital media sectors.
Asi Levi, Chief Financial Officer
Asi Levi was appointed Chief Financial Officer effective December 12, 2025, and brings over 15 years of experience in finance and controlling roles. His previous positions include serving as CFO at Water Ways Technologies Inc. and DekelOil CI, part of Dekel Agri-Vision Plc. He also held Controller roles at SciSparc Ltd. and A2Z Cust2Mate Solutions Corp. Levi has experience in overseeing fundraising efforts and managing financial planning, budgeting, and cash flow.
Richard Balla, CEO and Director, German Operations – Adjupharm GmbH
Richard Balla has nearly two decades of experience in senior roles within the German pharmaceutical industry, specializing in manufacturing, distribution, sales, and the parallel import of pharmaceuticals, medical devices, and cosmetics. Before leading Adjupharm, IM Cannabis' German subsidiary, Balla acted as a founder, early-stage shareholder, advisor, and director for multiple international companies in the pharmaceutical and medical cannabis sectors. He also served as Head of Market and Product Development at ACA Müller Pharma AG.
AI Analysis | Feedback
The key risks to IM Cannabis (IMCC) are: 1. Financial Vulnerability and Going Concern: IM Cannabis faces significant financial challenges, including persistent operating losses, negative cash flows, a high debt-to-equity ratio, and liquidity concerns as indicated by a low current ratio. The company's financial statements have included notes regarding its ability to continue as a going concern. It has also experienced issues with Nasdaq listing compliance due to not meeting minimum stockholders' equity requirements, though it has since regained compliance. This financial instability hampers its capacity for investment and sustainable growth. 2. Regulatory Changes and Market Fragmentation: The cannabis industry is subject to evolving and fragmented regulatory landscapes in the jurisdictions where IM Cannabis operates, specifically Israel and Germany. Changes in these regulations, such as expected shifts in the German market, could negatively impact the company's sales and overall market position. 3. Intense Competition and Lack of Scale: IM Cannabis operates within an intensely fragmented global cannabis market characterized by fierce price competition and high capital consumption. The company's relatively small market capitalization and its focus on the Israeli and German markets limit its scale, making it challenging to compete effectively with larger industry players and invest sufficiently in brand building and distribution.AI Analysis | Feedback
The emergence and scaling of biosynthesis technologies (e.g., yeast or cellular fermentation) for producing cannabinoids, which could offer significantly lower costs, greater consistency, and scalability compared to traditional plant cultivation.
AI Analysis | Feedback
The addressable markets for IM Cannabis's main products and services vary by region, encompassing medical cannabis flowers and extracts, as well as dried flower, pre-rolls, and pressed hash for medical patients and adult-use recreational consumers in Israel, Germany, and Canada.
Canada
- The total legal cannabis market in Canada was valued at approximately C$5.5 billion in the fiscal year ending March 31, 2025, which includes both adult-use recreational and medical sales.
- Within this, dried cannabis flower (including pre-rolls) accounted for C$3.3 billion of total sales in the fiscal year ending March 31, 2025.
- Inhaled cannabis extracts, a category that includes products like vape pens, hash, wax, and rosin, reached C$1.7 billion in sales, representing 31.1% of the total market in the fiscal year ending March 31, 2025.
- The medical cannabis market in Canada generated revenue of USD 1,665.6 million in 2023 and is projected to reach USD 4,569.5 million by 2030. Domestic medical cannabis sales were approximately CA$355 million in the fiscal year 2023-24.
Germany
- The estimated medical cannabis market in Germany is projected to exceed €670 million in 2025. Sales for medical cannabis are expected to reach €420 million in 2024 and are forecasted to grow to over €1 billion by 2028.
- Another estimate for Germany's self-payer medical cannabis market suggests it could be worth as much as 2.9 billion euros annually.
- The overall legal cannabis market in Germany was estimated at USD 2.04 billion in 2024 and is expected to reach USD 2.43 billion in 2025.
- The cannabis extract market in Germany generated USD 15.0 million in revenue in 2023 and is anticipated to reach USD 77.9 million by 2030.
Israel
- The medical cannabis market in Israel is projected to reach USD 1 billion by 2024.
- Medical cannabis sales in Israel were estimated at approximately 1.1 billion NIS (about 240 million GBP) in 2023. These sales are forecasted to reach 2.1 billion NIS (about 456 million GBP) by the end of 2026 and approximately 2.4 billion NIS (about 520 million GBP) by 2028.
- The cannabis extract market in Israel generated USD 7.7 million in revenue in 2023 and is expected to grow to USD 40.4 million by 2030.
AI Analysis | Feedback
IM Cannabis Corp. (NASDAQ: IMCC) is expected to drive future revenue growth over the next two to three years through a multi-faceted strategy focusing on key geographic markets, operational efficiencies, and potential new market expansion. These drivers include:
- Expansion into the U.S. Market: IM Cannabis is actively exploring strategic opportunities to enter the United States cannabis market. This initiative is particularly driven by President Donald Trump's executive order signed on December 18, 2025, which aims to expedite the rescheduling of marijuana from Schedule I to Schedule III under the Controlled Substances Act, potentially unlocking significant new market opportunities for the company. The company has engaged financial advisors to guide its U.S. entry strategy.
- Sustained Growth in the German Market: The company anticipates maintaining its growth trajectory in the German market throughout 2025. IM Cannabis expects to achieve its best sales quarter in Germany to date in the first quarter of 2025, building on a substantial 183% increase in German revenue in 2024 compared to 2023. The company's focus on this high-value market is a key part of its strategy for profitable growth.
- Focus on High-Value Markets (Israel and Germany): IM Cannabis has strategically exited its Canadian operations to reallocate resources and concentrate on achieving sustainable and profitable growth in what it identifies as its highest-value markets: Israel and Germany. This focused approach aims to amplify the company's commercial and brand power in these established regions.
- Enhanced Operational Efficiencies and Margin Improvement: The company is committed to active cost management and operational optimization to achieve sustainable profitability. Recent efforts have resulted in a significant decrease in operating expenses and an improvement in Adjusted EBITDA, indicating a more efficient operational structure that supports revenue generation and better margins.
- Leveraging a Data-Driven Approach and Global Supply Chain: IM Cannabis utilizes a "transnational ecosystem powered by a unique data-driven approach and a globally sourced product supply chain." This approach is expected to enable more effective product development, better alignment with market demands, and a consistent supply of premium medical cannabis products, contributing to sustained revenue growth across its operating markets.
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Share Issuance
- In January 2026, IM Cannabis raised US$2,171,660.40 through convertible notes and accompanying share purchase warrants, with the notes convertible into common shares and warrants exercisable at C$3.45 per share.
- In May 2025, the company announced its intention to complete a non-brokered private placement of secured debentures for up to C$2,500,000, with the principal convertible into common shares.
- Warrants from a 2024 private placement had their exercise price reduced from C$4.32 to C$3.43 and their expiration date extended to July 31, 2030, increasing the likelihood of future share issuance upon exercise.
Inbound Investments
- In July 2025, IM Cannabis received a US$1 million tranche as part of a loan agreement for up to US$2 million with L.I.A. Pure Capital Ltd., which also granted the lender the right to recommend a director to the board.
Outbound Investments
- In April 2025, IM Cannabis announced its intent to acquire the remaining 26% interest in Focus Medical Herbs Ltd. from Ewave Group Ltd., following a previous acquisition of a 74% interest through its subsidiary IMC Holdings.
Capital Expenditures
- In the 12 months prior to June 2025, IM Cannabis reported capital expenditures of -$154,000.
- Annual capital expenditures were -$0.79 million in 2024, -$5.98 million in 2023, -$9.72 million in 2022, and -$27.43 million in 2021.
Trade Ideas
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| 02282026 | QDEL | QuidelOrtho | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 02272026 | CHE | Chemed | 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 | 0.0% | 0.0% | 0.0% |
| 02272026 | LLY | Eli Lilly | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.0% | 0.0% | 0.0% |
| 02202026 | HAE | Haemonetics | 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 | 3.5% | 3.5% | 0.0% |
| 02132026 | IQV | IQVIA | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 7.1% | 7.1% | -3.0% |
Research & Analysis
Invest in Strategies
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 1.91 |
| Mkt Cap | 0.2 |
| Rev LTM | 279 |
| Op Inc LTM | -35 |
| FCF LTM | -34 |
| FCF 3Y Avg | -45 |
| CFO LTM | -15 |
| CFO 3Y Avg | -25 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 10.8% |
| Rev Chg 3Y Avg | 15.5% |
| Rev Chg Q | 5.0% |
| QoQ Delta Rev Chg LTM | 1.2% |
| Op Mgn LTM | -11.1% |
| Op Mgn 3Y Avg | -21.0% |
| QoQ Delta Op Mgn LTM | 2.0% |
| CFO/Rev LTM | -3.0% |
| CFO/Rev 3Y Avg | -6.1% |
| FCF/Rev LTM | -8.3% |
| FCF/Rev 3Y Avg | -15.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.2 |
| P/S | 0.7 |
| P/EBIT | -2.2 |
| P/E | -0.9 |
| P/CFO | -6.5 |
| Total Yield | -76.4% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -32.2% |
| D/E | 0.5 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -18.2% |
| 3M Rtn | -27.8% |
| 6M Rtn | -33.7% |
| 12M Rtn | -7.0% |
| 3Y Rtn | -63.4% |
| 1M Excs Rtn | -11.5% |
| 3M Excs Rtn | -22.8% |
| 6M Excs Rtn | -31.5% |
| 12M Excs Rtn | -20.7% |
| 3Y Excs Rtn | -133.1% |
Price Behavior
| Market Price | $0.51 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 03/01/2021 | |
| Distance from 52W High | -91.7% | |
| 50 Days | 200 Days | |
| DMA Price | $0.97 | $1.80 |
| DMA Trend | down | down |
| Distance from DMA | -47.1% | -71.5% |
| 3M | 1YR | |
| Volatility | 96.8% | 153.9% |
| Downside Capture | 1.63 | 0.65 |
| Upside Capture | -286.88 | -58.93 |
| Correlation (SPY) | 14.3% | 3.0% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.31 | 2.33 | 1.02 | 1.35 | 0.26 | -0.00 |
| Up Beta | 2.35 | 1.85 | 0.43 | 2.27 | -0.03 | 0.04 |
| Down Beta | 3.12 | 4.50 | 2.03 | 0.89 | 0.99 | 1.86 |
| Up Capture | -277% | -139% | -183% | -39% | -27% | -7% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 4 | 14 | 22 | 44 | 101 | 313 |
| Down Capture | 622% | 385% | 328% | 242% | 69% | -272% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 16 | 26 | 38 | 76 | 141 | 422 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IMCC | |
|---|---|---|---|---|
| IMCC | -76.9% | 152.3% | -0.31 | - |
| Sector ETF (XLV) | 0.3% | 17.6% | -0.13 | 1.5% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 3.8% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | 3.9% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | -1.4% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 6.3% |
| Bitcoin (BTCUSD) | -23.7% | 44.2% | -0.49 | 6.4% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IMCC | |
|---|---|---|---|---|
| IMCC | -75.7% | 122.9% | -0.61 | - |
| Sector ETF (XLV) | 6.0% | 14.5% | 0.23 | 4.5% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 8.0% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | 2.1% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 4.1% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 7.7% |
| Bitcoin (BTCUSD) | 4.0% | 56.6% | 0.29 | 6.4% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IMCC | |
|---|---|---|---|---|
| IMCC | -51.5% | 122.4% | -0.63 | - |
| Sector ETF (XLV) | 9.7% | 16.5% | 0.48 | 4.3% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 7.9% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | 2.2% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 4.0% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 7.6% |
| Bitcoin (BTCUSD) | 66.4% | 66.8% | 1.06 | 6.4% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2025 | 08/12/2025 | 6-K |
| 03/31/2025 | 05/15/2025 | 6-K |
| 12/31/2024 | 03/31/2025 | 20-F |
| 09/30/2024 | 11/14/2024 | 6-K |
| 06/30/2024 | 08/14/2024 | 6-K |
| 03/31/2024 | 05/08/2024 | 6-K |
| 12/31/2023 | 03/28/2024 | 20-F |
| 09/30/2023 | 11/13/2023 | 6-K |
| 06/30/2023 | 08/14/2023 | 6-K |
| 03/31/2023 | 05/15/2023 | 6-K |
| 12/31/2022 | 03/29/2023 | 20-F |
| 09/30/2022 | 11/14/2022 | 6-K |
| 06/30/2022 | 08/15/2022 | 6-K |
| 03/31/2022 | 05/12/2022 | 6-K |
| 12/31/2021 | 04/04/2022 | 40-F |
| 09/30/2021 | 11/24/2021 | 6-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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