Tearsheet

Income Opportunity Realty Investors (IOR)


Market Price (4/25/2026): $18.35 | Market Cap: $74.6 Mil
Sector: Financials | Industry: Commercial & Residential Mortgage Finance

Income Opportunity Realty Investors (IOR)


Market Price (4/25/2026): $18.35
Market Cap: $74.6 Mil
Sector: Financials
Industry: Commercial & Residential Mortgage Finance

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

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.5%

Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 93%

Low stock price volatility
Vol 12M is 29%

Weak multi-year price returns
2Y Excs Rtn is -36%, 3Y Excs Rtn is -9.9%

Expensive valuation multiples
P/SPrice/Sales ratio is 13x

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -14%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.4%, Rev Chg QQuarterly Revenue Change % is -12%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -1.4%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.4%

Key risks
IOR key risks include [1] an exclusive reliance on interest income from related-party notes, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.5%
1 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 93%
2 Low stock price volatility
Vol 12M is 29%
3 Weak multi-year price returns
2Y Excs Rtn is -36%, 3Y Excs Rtn is -9.9%
4 Expensive valuation multiples
P/SPrice/Sales ratio is 13x
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -14%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.4%, Rev Chg QQuarterly Revenue Change % is -12%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -1.4%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.4%
7 Key risks
IOR key risks include [1] an exclusive reliance on interest income from related-party notes, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

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Income Opportunity Realty Investors (IOR) stock has remained largely at the same level since 12/31/2025 because of the following key factors:

1. Anticipated Recovery in Commercial Real Estate (CRE) Lending: The market responded positively to forecasts of a significant rebound in CRE lending, with Moody's projecting an $805 billion in lending for 2026, representing a 38% increase from 2025. This optimistic outlook is fueled by a more dovish Federal Reserve stance and improved market liquidity.

2. Stabilizing Interest Rates and Favorable Monetary Policy Expectations: The Federal Reserve's interest rate cuts in December 2025, coupled with expectations for stabilized interest rates and a continued dovish monetary policy in 2026, created a more favorable borrowing environment for real estate. This contributes to increased investor confidence and reduced financing costs for real estate companies.

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Stock Movement Drivers

Fundamental Drivers

The 2.0% change in IOR stock from 12/31/2025 to 4/24/2026 was primarily driven by a 5.5% change in the company's P/E Multiple.
(LTM values as of)123120254242026Change
Stock Price ($)17.5517.902.0%
Change Contribution By: 
Total Revenues ($ Mil)65-3.2%
Net Income Margin (%)73.6%73.4%-0.2%
P/E Multiple17.318.25.5%
Shares Outstanding (Mil)440.0%
Cumulative Contribution2.0%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/24/2026
ReturnCorrelation
IOR2.0% 
Market (SPY)4.2%1.9%
Sector (XLF)-6.1%13.8%

Fundamental Drivers

The -0.5% change in IOR stock from 9/30/2025 to 4/24/2026 was primarily driven by a -6.8% change in the company's Total Revenues ($ Mil).
(LTM values as of)93020254242026Change
Stock Price ($)17.9917.90-0.5%
Change Contribution By: 
Total Revenues ($ Mil)65-6.8%
Net Income Margin (%)73.7%73.4%-0.3%
P/E Multiple17.018.27.1%
Shares Outstanding (Mil)440.0%
Cumulative Contribution-0.5%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/24/2026
ReturnCorrelation
IOR-0.5% 
Market (SPY)7.0%-7.2%
Sector (XLF)-4.2%8.7%

Fundamental Drivers

The 2.3% change in IOR stock from 3/31/2025 to 4/24/2026 was primarily driven by a 19.2% change in the company's P/E Multiple.
(LTM values as of)33120254242026Change
Stock Price ($)17.5017.902.3%
Change Contribution By: 
Total Revenues ($ Mil)65-13.7%
Net Income Margin (%)73.8%73.4%-0.6%
P/E Multiple15.318.219.2%
Shares Outstanding (Mil)440.0%
Cumulative Contribution2.3%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/24/2026
ReturnCorrelation
IOR2.3% 
Market (SPY)28.1%-1.4%
Sector (XLF)4.3%1.6%

Fundamental Drivers

The 57.3% change in IOR stock from 3/31/2023 to 4/24/2026 was primarily driven by a 51.2% change in the company's P/E Multiple.
(LTM values as of)33120234242026Change
Stock Price ($)11.3817.9057.3%
Change Contribution By: 
Total Revenues ($ Mil)75-17.7%
Net Income Margin (%)59.5%73.4%23.3%
P/E Multiple12.118.251.2%
Shares Outstanding (Mil)442.5%
Cumulative Contribution57.3%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/24/2026
ReturnCorrelation
IOR57.3% 
Market (SPY)79.8%-3.1%
Sector (XLF)67.0%-2.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
IOR Return5%1%12%34%-2%3%59%
Peers Return37%-12%14%-1%18%-4%53%
S&P 500 Return27%-19%24%23%16%4%89%

Monthly Win Rates [3]
IOR Win Rate33%42%58%67%33%50% 
Peers Win Rate58%55%47%53%52%50% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
IOR Max Drawdown-3%-11%-12%-1%-11%0% 
Peers Max Drawdown-7%-20%-20%-17%-15%-13% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: TCI, NREF, ABR, STWD, BXMT.
[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 4/24/2026 (YTD)

How Low Can It Go

Unique KeyEventIORS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-33.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven51.2%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven341 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-42.5%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven74.0%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven134 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-28.2%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven39.2%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven236 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-60.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven153.5%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven65 days1,480 days

Compare to TCI, NREF, ABR, STWD, BXMT

In The Past

Income Opportunity Realty Investors's stock fell -33.9% during the 2022 Inflation Shock from a high on 3/11/2022. A -33.9% loss requires a 51.2% gain to breakeven.

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Asset Allocation

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About Income Opportunity Realty Investors (IOR)

Income Opportunity Realty Investors, Inc., a Dallas-based real estate investment company, holds a portfolio of equity real estate in Texas, including undeveloped land. The Company invests in real estate through direct equity ownership and partnerships. For more information, visit the Company's website at www.incomeopp-realty.com.

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Here are 1-3 brief analogies for Income Opportunity Realty Investors (IOR):

  • Like a Texas-focused Weyerhaeuser, but investing in a broader range of undeveloped land and general equity real estate rather than just timberland.
  • Imagine a smaller, more investment-focused Howard Hughes Corporation, primarily acquiring and holding undeveloped land and other properties in Texas.
  • Think of it as a much smaller, publicly traded version of Blackstone's real estate funds, but solely focused on owning and investing in properties and undeveloped land in Texas.

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  • Equity Real Estate Portfolio: Income Opportunity Realty Investors acquires, holds, and manages a portfolio of equity real estate, including undeveloped land, primarily in Texas.
  • Real Estate Investment Partnerships: The company invests in real estate ventures through partnerships to expand its portfolio and investment reach.
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Major Customers of Income Opportunity Realty Investors (IOR)

Income Opportunity Realty Investors, Inc. is a real estate investment company that holds a portfolio of equity real estate, including undeveloped land. Due to the nature of its business as a real estate investor and owner, it does not typically have a few identifiable "major customer companies" with recurring transactions or publicly listed symbols. Instead, its customer base consists of various categories of entities and individuals that interact with its real estate assets.

The company serves the following categories of customers:

  • Real Estate Developers and Investors: These are typically other companies, investment funds, or high-net-worth individuals who purchase undeveloped land for future development (residential, commercial, industrial) or acquire existing equity properties for their own investment portfolios or redevelopment projects.
  • Commercial Tenants: Businesses of various sizes that lease office, retail, industrial, or other commercial spaces within Income Opportunity Realty Investors' portfolio of developed equity real estate.
  • Residential Tenants: Individuals and families who lease residential units (e.g., apartments, houses) if Income Opportunity Realty Investors' equity real estate portfolio includes multi-family or other residential rental properties.

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  • Basic Capital Management, Inc.
  • RSM US LLP

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Erik L. Johnson President and Chief Executive Officer

Erik L. Johnson was appointed President and Chief Executive Officer of Income Opportunity Realty Investors, Inc. effective May 28, 2024. He had served as the company's Principal Executive Officer since April 2023. Previously, Mr. Johnson held the role of Executive Vice President and Chief Financial Officer of Income Opportunity Realty Investors, Inc. since December 2021. He also served as Executive Vice President and Chief Financial Officer for American Realty Investors, Inc. and Transcontinental Realty Investors, Inc. since August 2020. Additionally, he was the Executive Vice President, Chief Financial Officer, and Interim President of Pillar Income Asset Management, Inc., which serves as the contractual advisor to Income Opportunity Realty Investors, Inc. Prior to June 2020, Mr. Johnson was the Vice President of Financial Reporting at Macerich (NYSE:MAC), a company focused on owning and developing major retail real estate. His experience also includes serving as the Chief Accounting Officer of North American Scientific, Inc., and he began his career as an auditor at PricewaterhouseCoopers. Mr. Johnson is a Certified Public Accountant.

Alla Dzyuba Senior Vice President and Chief Accounting Officer

Alla Dzyuba serves as the Senior Vice President and Chief Accounting Officer for Income Opportunity Realty Investors, Inc.

Louis Joseph Corna Executive Vice President, General Counsel, Tax Counsel & Secretary

Louis Joseph Corna holds the positions of Executive Vice President, General Counsel, Tax Counsel, and Secretary at Income Opportunity Realty Investors, Inc.

Michael K. Lane Vice President of Human Resources

Michael K. Lane is the Vice President of Human Resources for Income Opportunity Realty Investors, Inc.

Henry A. Butler Chairman of the Board

Henry A. Butler was re-elected as Chairman of the Board of Income Opportunity Realty Investors, Inc. on December 11, 2025. He has served as an Independent Director of the company since November 2005 and as Chairman of the Board since May 2009. Mr. Butler retired on April 30, 2019, having previously served as Vice President for Pillar Income Asset Management, Inc. from April 2011 to April 30, 2019.

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The key risks to Income Opportunity Realty Investors (IOR) primarily stem from its unique operational structure and the nature of its income streams.

  1. High Dependence on Related Party Transactions and Management: A significant portion of IOR's business, including its financial results and operational activities, is intertwined with related parties. Transcontinental Realty Investors, Inc. (TCI) and its affiliates own a substantial majority of IOR's stock, influencing its consolidated financial statements. Furthermore, the company's primary source of income is interest income from related party receivables. A related-party advisor, Pillar, also provides significant advisory and management services, affecting sourcing and operations. This high degree of reliance creates potential for conflicts of interest, limits independent operational control, and could impact financial performance if these related-party relationships change or face adverse conditions.
  2. Exposure to Interest Rate Fluctuations: IOR's profitability is significantly influenced by interest rate changes, as its main revenue stream is interest income derived from notes receivable. Declines in interest rates have directly led to a decrease in interest income, consequently reducing the company's net income. This makes the company's financial performance highly sensitive to macroeconomic shifts in interest rate environments.
  3. Volatility of Cash Flows and Concentration in Real Estate Market: The company has experienced volatile cash flows, which could recur, particularly during economic recessions. While the company primarily earns interest income from notes, it also invests in equity real estate, including undeveloped land, in Texas. This investment in real estate exposes IOR to market cycles and potential downturns in the real estate sector. The geographic concentration of its equity real estate in Texas further adds a regional risk factor.

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Income Opportunity Realty Investors (IOR) focuses its investments in equity real estate, including undeveloped land, and in notes receivable collateralized by land and multifamily properties, primarily within Texas.

The addressable markets for Income Opportunity Realty Investors' main products and services in Texas are as follows:

  • Equity Real Estate (General Commercial Real Estate): The commercial real estate market in Texas generated an estimated $203.4 billion in 2025. This market encompasses various property types in which IOR might hold direct equity ownership or partnerships.
  • Undeveloped Land: The total dollar volume for the Texas rural land market was approximately $1.39 billion in the second quarter of 2025, with 279,850 acres sold statewide.
  • Notes Receivable collateralized by Multifamily Properties: While a specific market size for notes receivable collateralized by multifamily properties is not readily available, the underlying multifamily real estate market in Texas is substantial. Major metropolitan areas like Dallas-Fort Worth, Houston, Austin, and San Antonio exhibit significant activity in multifamily properties. As of November 2025, Dallas-Fort Worth led the state in multifamily volume, with rents averaging around $1,500 per unit, while Houston saw rents at approximately $1,400.

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Here are the expected drivers of future revenue growth for Income Opportunity Realty Investors (IOR) over the next 2-3 years:
  1. Favorable Interest Rate Environment: Income Opportunity Realty Investors' primary revenue source is interest income from notes receivable. The company experienced a decline in interest income in 2025 due to lower interest rates. Therefore, a reversal of this trend, leading to higher prevailing interest rates, would directly increase the revenue generated from new and repriced notes receivable.
  2. Growth in the Portfolio of Notes Receivable: Expanding the total volume and principal amount of notes receivable held by the company is a direct driver of increased interest income. This growth can occur through the origination of new loans, particularly those collateralized by land and/or multifamily properties in the Southern U.S..
  3. Expansion of Lending Activities within the Southern U.S. Real Estate Market: With a current focus on the Southern United States, increased market penetration or the identification of new lending opportunities within this region for real estate-backed notes could contribute to revenue growth.
  4. Strategic Deployment of Capital into Opportunistic Real Estate-Backed Lending: Analyst commentary suggests that "opportunistic deals" could be a driver for earnings per share (EPS). This implies the company may actively seek out high-yield lending opportunities or notes with attractive risk-adjusted returns, thereby boosting future revenue.

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Share Repurchases

  • Income Opportunity Realty Investors repurchased 44,536 shares in two block transactions for approximately $801,648 in 2025.
  • In 2024, the company repurchased a total of 44,436 shares for approximately $799,848 across two block transactions.
  • The company repurchased 57,700 shares for approximately $908,775 in three block transactions during 2023.

Outbound Investments

  • The company primarily invests in notes receivable collateralized by income-producing properties located in the Southern United States.
  • As of December 31, 2025, significant outbound investments included a $114.6 million receivable from its advisor, Pillar, and an $11.1 million note from Unified Housing Foundation.
  • The company's annual total receivables were $110.481 million in 2024 and $106.541 million in 2023, reflecting its primary investment activities.

Better Bets vs. Income Opportunity Realty Investors (IOR)

Trade Ideas

Select ideas related to IOR.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
HBAN_3312026_Insider_Buying_45D_2Buy_200K03312026HBANHuntington BancsharesInsiderInsider Buys 45DStrong Insider Buying
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NP_3312026_Insider_Buying_45D_2Buy_200K03312026NPNeptune InsuranceInsiderInsider Buys 45DStrong Insider Buying
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JKHY_3272026_Monopoly_xInd_xCD_Getting_Cheaper03272026JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
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3.1%3.1%0.0%
MKTX_3202026_Dip_Buyer_FCFYield03202026MKTXMarketAxessDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-5.2%-5.2%-5.7%
RYAN_3202026_Insider_Buying_GTE_1Mil_EBITp+DE_V203202026RYANRyan SpecialtyInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
-2.7%-2.7%-8.5%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

IORTCINREFABRSTWDBXMTMedian
NameIncome O.Transcon.NexPoint.Arbor Re.Starwood.Blacksto. 
Mkt Price17.9036.5714.157.9718.2120.0818.05
Mkt Cap0.10.30.31.66.73.40.9
Rev LTM546175501829553338
Op Inc LTM5-6-----1
FCF LTM-0-323372709276149
FCF 3Y Avg1-1128357610367192
CFO LTM-0-323372978276149
CFO 3Y Avg1-1128357718367192

Growth & Margins

IORTCINREFABRSTWDBXMTMedian
NameIncome O.Transcon.NexPoint.Arbor Re.Starwood.Blacksto. 
Rev Chg LTM-13.7%3.6%500.8%-19.9%-13.8%12.1%-5.1%
Rev Chg 3Y Avg0.4%12.3%794.6%-5.5%-16.3%-2.5%-1.0%
Rev Chg Q-11.7%2.6%237.8%-14.9%30.9%39.2%16.7%
QoQ Delta Rev Chg LTM-3.2%0.6%15.5%-4.3%8.2%8.8%4.4%
Op Inc Chg LTM-14.2%-9.9%-----12.0%
Op Inc Chg 3Y Avg9.1%8.2%----8.6%
Op Mgn LTM93.0%-13.7%----39.6%
Op Mgn 3Y Avg90.6%-15.9%----37.3%
QoQ Delta Op Mgn LTM-0.1%-3.8%-----2.0%
CFO/Rev LTM-1.4%-6.2%13.1%74.3%117.9%49.9%31.5%
CFO/Rev 3Y Avg6.5%-23.1%784.3%60.2%79.0%64.2%62.2%
FCF/Rev LTM-1.4%-6.2%13.1%74.3%85.5%49.9%31.5%
FCF/Rev 3Y Avg6.5%-23.1%784.3%60.2%66.4%64.2%62.2%

Valuation

IORTCINREFABRSTWDBXMTMedian
NameIncome O.Transcon.NexPoint.Arbor Re.Starwood.Blacksto. 
Mkt Cap0.10.30.31.66.73.40.9
P/S13.46.81.43.18.06.16.5
P/Op Inc14.4-49.8-----17.7
P/EBIT14.411.2----12.8
P/E18.222.92.410.516.230.817.2
P/CFO-945.3-109.511.04.26.812.25.5
Total Yield5.5%4.4%52.2%30.0%16.2%12.8%14.5%
Dividend Yield0.0%0.0%10.4%20.5%10.0%9.6%9.8%
FCF Yield 3Y Avg0.9%-3.5%11.1%16.8%9.4%11.1%10.2%
D/E0.00.716.74.12.04.83.0
Net D/E-0.00.416.63.81.94.72.8

Returns

IORTCINREFABRSTWDBXMTMedian
NameIncome O.Transcon.NexPoint.Arbor Re.Starwood.Blacksto. 
1M Rtn-0.6%6.6%5.8%4.9%4.2%5.7%5.3%
3M Rtn-0.6%-30.6%0.3%6.7%3.0%8.1%1.7%
6M Rtn-1.6%-18.7%12.1%-27.7%3.1%14.8%0.7%
12M Rtn2.3%30.6%17.3%-19.3%6.9%18.5%12.1%
3Y Rtn62.6%2.6%70.4%11.0%45.1%64.7%53.8%
1M Excs Rtn-9.3%-2.1%-2.9%-3.8%-4.5%-3.0%-3.4%
3M Excs Rtn-4.2%-34.3%-3.3%3.1%-0.6%4.5%-1.9%
6M Excs Rtn-8.6%-25.7%3.9%-34.4%-4.1%7.8%-6.3%
12M Excs Rtn-30.1%-2.3%-15.3%-53.6%-26.3%-15.5%-20.9%
3Y Excs Rtn-9.9%-73.7%-15.2%-67.8%-34.2%-19.0%-26.6%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment0    
Total0    


Assets by Segment
$ Mil20252024202320222021
Single Segment118112108104100
Total118112108104100


Price Behavior

Price Behavior
Market Price$17.90 
Market Cap ($ Bil)0.1 
First Trading Date03/17/1992 
Distance from 52W High-8.1% 
   50 Days200 Days
DMA Price$18.06$17.50
DMA Trendindeterminateindeterminate
Distance from DMA-0.9%2.3%
 3M1YR
Volatility58.8%48.1%
Downside Capture0.59-0.42
Upside Capture45.39-23.10
Correlation (SPY)0.7%3.6%
IOR Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta-0.48-0.11-0.02-0.20-0.03-0.07
Up Beta-0.95-0.67-0.200.010.100.01
Down Beta-0.92-0.72-0.43-0.19-0.20-0.22
Up Capture-77%25%32%-20%-1%1%
Bmk +ve Days7162765139424
Stock +ve Days5681645163
Down Capture7%16%13%-30%-9%-38%
Bmk -ve Days12233358110323
Stock -ve Days6891846148

[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 IOR
IOR-0.9%38.8%-0.07-
Sector ETF (XLF)8.9%14.7%0.36-3.2%
Equity (SPY)34.0%12.6%2.05-4.2%
Gold (GLD)42.9%27.2%1.2929.9%
Commodities (DBC)46.4%18.0%1.97-7.0%
Real Estate (VNQ)14.2%13.3%0.7415.4%
Bitcoin (BTCUSD)-16.6%42.1%-0.328.1%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with IOR
IOR9.5%63.7%0.67-
Sector ETF (XLF)9.6%18.7%0.40-1.8%
Equity (SPY)12.7%17.1%0.58-3.3%
Gold (GLD)21.2%17.8%0.976.7%
Commodities (DBC)14.5%19.1%0.6211.9%
Real Estate (VNQ)3.7%18.8%0.101.6%
Bitcoin (BTCUSD)7.0%56.3%0.34-5.8%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with IOR
IOR9.2%54.9%0.47-
Sector ETF (XLF)12.7%22.2%0.531.8%
Equity (SPY)14.9%17.9%0.71-0.3%
Gold (GLD)13.9%15.9%0.732.8%
Commodities (DBC)10.1%17.8%0.476.2%
Real Estate (VNQ)5.4%20.7%0.23-0.0%
Bitcoin (BTCUSD)68.3%66.9%1.072.3%

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Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity0.0 Mil
Short Interest: % Change Since 3312026-8.6%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest1.2 days
Basic Shares Quantity4.1 Mil
Short % of Basic Shares0.0%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/6/20250.0%5.1%7.3%
8/7/20250.0%0.0%-2.6%
3/20/20250.9%0.7%4.7%
11/7/20241.5%3.0%4.5%
8/8/20240.0%8.3%-0.4%
3/21/2024-1.5%-1.5%0.0%
11/9/2023-2.0%0.1%8.4%
8/10/20230.0%-7.0%-4.7%
...
SUMMARY STATS   
# Positive141111
# Negative477
Median Positive0.0%3.2%4.5%
Median Negative-1.7%-5.3%-5.7%
Max Positive1.5%10.5%31.3%
Max Negative-10.5%-10.5%-17.4%

SEC Filings

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Report DateFiling DateFiling
12/31/202503/12/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202403/20/202510-K
09/30/202411/07/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202303/21/202410-K
09/30/202311/09/202310-Q
06/30/202308/10/202310-Q
03/31/202305/11/202310-Q
12/31/202203/23/202310-K
09/30/202211/10/202210-Q
06/30/202208/12/202210-Q
03/31/202205/13/202210-Q