Marketwise (MKTW)
Market Price (2/20/2026): $14.39 | Market Cap: $35.8 MilSector: Financials | Industry: Financial Exchanges & Data
Marketwise (MKTW)
Market Price (2/20/2026): $14.39Market Cap: $35.8 MilSector: FinancialsIndustry: Financial Exchanges & Data
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 28%, Dividend Yield is 12%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 24%, FCF Yield is 74% | Weak multi-year price returns2Y Excs Rtn is -96%, 3Y Excs Rtn is -123% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -19%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -14%, Rev Chg QQuarterly Revenue Change % is -16% |
| 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 -124% | Key risksMKTW key risks include [1] a rapidly declining subscriber base and the associated decrease in revenue, Show more. | |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Digital Content & Streaming. Themes include Wealth Management Technology, and Financial Content & Education. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 28%, Dividend Yield is 12%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 24%, FCF Yield is 74% |
| 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 -124% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Digital Content & Streaming. Themes include Wealth Management Technology, and Financial Content & Education. |
| Weak multi-year price returns2Y Excs Rtn is -96%, 3Y Excs Rtn is -123% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -19%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -14%, Rev Chg QQuarterly Revenue Change % is -16% |
| Key risksMKTW key risks include [1] a rapidly declining subscriber base and the associated decrease in revenue, Show more. |
Qualitative Assessment
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1. Divergent Analyst Projections for Future Performance
Despite Marketwise (MKTW) reporting strong Q3 2025 earnings that surpassed analyst estimates and positive preliminary Q4 2025 results with significant increases in billings and cash flow, some financial projections for the company indicated a challenging outlook for full-year 2025 and 2026. For example, Seeking Alpha projected a substantial decline in EPS for fiscal year 2025, nearly a 100% year-over-year decrease, with further negative EPS and sales forecasts for fiscal year 2026. This disparity between the company's recent operational performance and certain longer-term financial expectations could have generated investor uncertainty regarding future profitability.
2. "Sell the News" Reaction Following Preliminary Q4 Earnings
Marketwise released preliminary, unaudited fourth-quarter 2025 results on January 22, 2026, which highlighted strong performance including a 42% year-over-year increase in billings and exceeding full-year cash flow guidance. However, on the same day, a "sell signal from a pivot top point" was issued for the stock, leading to an initial decline of 3.49%. This suggests that despite the positive preliminary news, some investors may have taken profits, or the positive news was already factored into the stock price, leading to a subsequent correctional pull-back.
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Stock Movement Drivers
Fundamental Drivers
The -13.1% change in MKTW stock from 10/31/2025 to 2/19/2026 was primarily driven by a -5.3% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 10312025 | 2192026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.58 | 14.41 | -13.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 358 | 342 | -4.4% |
| Net Income Margin (%) | 1.7% | 1.7% | 0.9% |
| P/E Multiple | 6.5 | 6.2 | -4.8% |
| Shares Outstanding (Mil) | 2 | 2 | -5.3% |
| Cumulative Contribution | -13.1% |
Market Drivers
10/31/2025 to 2/19/2026| Return | Correlation | |
|---|---|---|
| MKTW | -13.1% | |
| Market (SPY) | 0.4% | 7.6% |
| Sector (XLF) | -0.4% | 11.6% |
Fundamental Drivers
The -18.1% change in MKTW stock from 7/31/2025 to 2/19/2026 was primarily driven by a -17.6% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 7312025 | 2192026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.61 | 14.41 | -18.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 383 | 342 | -10.7% |
| Net Income Margin (%) | 1.6% | 1.7% | 3.8% |
| P/E Multiple | 5.7 | 6.2 | 7.2% |
| Shares Outstanding (Mil) | 2 | 2 | -17.6% |
| Cumulative Contribution | -18.1% |
Market Drivers
7/31/2025 to 2/19/2026| Return | Correlation | |
|---|---|---|
| MKTW | -18.1% | |
| Market (SPY) | 8.6% | 6.7% |
| Sector (XLF) | -0.1% | 18.6% |
Fundamental Drivers
The 40.6% change in MKTW stock from 1/31/2025 to 2/19/2026 was primarily driven by a 55.9% change in the company's P/E Multiple.| (LTM values as of) | 1312025 | 2192026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.25 | 14.41 | 40.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 423 | 342 | -19.2% |
| Net Income Margin (%) | 1.2% | 1.7% | 42.5% |
| P/E Multiple | 3.9 | 6.2 | 55.9% |
| Shares Outstanding (Mil) | 2 | 2 | -21.7% |
| Cumulative Contribution | 40.6% |
Market Drivers
1/31/2025 to 2/19/2026| Return | Correlation | |
|---|---|---|
| MKTW | 40.6% | |
| Market (SPY) | 14.7% | 19.5% |
| Sector (XLF) | 2.4% | 20.1% |
Fundamental Drivers
The -58.3% change in MKTW stock from 1/31/2023 to 2/19/2026 was primarily driven by a -59.3% change in the company's Net Income Margin (%).| (LTM values as of) | 1312023 | 2192026 | Change |
|---|---|---|---|
| Stock Price ($) | 34.56 | 14.41 | -58.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 531 | 342 | -35.6% |
| Net Income Margin (%) | 4.2% | 1.7% | -59.3% |
| P/E Multiple | 1.8 | 6.2 | 236.9% |
| Shares Outstanding (Mil) | 1 | 2 | -52.7% |
| Cumulative Contribution | -58.3% |
Market Drivers
1/31/2023 to 2/19/2026| Return | Correlation | |
|---|---|---|
| MKTW | -58.3% | |
| Market (SPY) | 74.7% | 19.5% |
| Sector (XLF) | 49.2% | 18.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| MKTW Return | -27% | -78% | 76% | -78% | 50% | -4% | -91% |
| Peers Return | 36% | -18% | 22% | 13% | 1% | -4% | 51% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 83% |
Monthly Win Rates [3] | |||||||
| MKTW Win Rate | 58% | 17% | 42% | 8% | 50% | 50% | |
| Peers Win Rate | 57% | 43% | 55% | 53% | 57% | 50% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| MKTW Max Drawdown | -43% | -79% | -23% | -82% | -13% | -5% | |
| Peers Max Drawdown | -9% | -29% | -9% | -13% | -14% | -10% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: CME, ICE, MSCI, VALU, SPGI.
[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 2/19/2026 (YTD)
How Low Can It Go
| Event | MKTW | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -91.4% | -25.4% |
| % Gain to Breakeven | 1067.4% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -3.9% | -33.9% |
| % Gain to Breakeven | 4.0% | 51.3% |
| Time to Breakeven | 49 days | 148 days |
Compare to CME, ICE, MSCI, VALU, SPGI
In The Past
Marketwise's stock fell -91.4% during the 2022 Inflation Shock from a high on 8/2/2021. A -91.4% loss requires a 1067.4% gain to breakeven.
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About Marketwise (MKTW)
AI Analysis | Feedback
Here are 1-3 brief analogies to describe Marketwise (MKTW):- Marketwise is like **The Motley Fool, but operating a larger collection of niche investment research publications and services.**
- Think of it as **a diversified 'Motley Fool' focused on specialized subscription-based investment newsletters and research.**
- It's a **digital publisher of financial insights and stock recommendations, similar to a network of 'Motley Fool'-style services** for individual investors.
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- Subscription-Based Investment Research: This service provides subscribers with market analysis, stock recommendations, and investment strategies through various digital newsletters, reports, and platforms.
- Financial Education and Training: This service offers educational courses, webinars, and content designed to teach individuals about investing, trading, and personal finance.
- Digital Financial Media Publishing: This service involves publishing a wide array of financial news, commentary, and expert insights across various specialized brands and imprints.
AI Analysis | Feedback
Marketwise (symbol: MKTW) primarily sells its subscription services and products to **individuals**, specifically self-directed investors seeking independent financial research, education, and investment tools.
The company serves a broad spectrum of individual investors, which can be categorized as follows:
-
Beginner and Intermediate Self-Directed Investors: These customers are typically looking for foundational financial education, basic investment strategies, and guidance to help them start investing or enhance their existing portfolios. They are often interested in long-term growth strategies, dividend investing, and general market commentary.
-
Experienced and Sophisticated Self-Directed Investors: These customers possess a greater understanding of financial markets and are seeking more advanced research, specialized investment strategies (e.g., options trading, commodities, specific sectors), and in-depth analysis to optimize their returns or manage risk. They are often looking for actionable insights and expert opinions beyond basic advice.
-
Active Traders and High-Frequency Investors: This segment comprises individuals who engage in frequent trading activities and require timely market analysis, real-time alerts, quantitative tools, and specialized strategies designed for short-term opportunities across various asset classes (e.g., stocks, options, cryptocurrencies, forex).
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Dr. David Eifrig, Chief Executive Officer
Dr. David Eifrig was appointed Chief Executive Officer of MarketWise in August 2024. He was previously listed as CEO in July 2021.
Erik Mickels, Chief Operating and Financial Officer
Erik Mickels was appointed Chief Financial Officer of MarketWise effective August 15, 2023, and subsequently named Chief Operating and Financial Officer in August 2025. Prior to joining MarketWise, he served as the Group Chief Financial Officer and Senior Vice President of Trilogy International Partners, Inc. since 2016. His tenure at Trilogy also included roles as Vice President of Finance and Chief Accounting Officer from 2015 to 2016, and Vice President and Corporate Controller from 2014 to 2015. Before Trilogy, Mr. Mickels held increasingly senior positions at KPMG LLP from 2000 to 2014. His experience includes guiding acquisitions, leading successful initiatives, and the sale of a billion-dollar international subsidiary. He played a key role in building and scaling a publicly traded telecommunications business, leading its public offering, and overseeing a successful exit in 2022. Mr. Mickels is a Certified Public Accountant, holds a Bachelor's degree in accounting from Hillsdale College, and is a graduate of the Advanced Management Program at Harvard Business School.
Marco Galsim, Chief Information Officer
Marco Galsim became Chief Information Officer for MarketWise in 2020, having previously served as the Head of Technology for seven years. He is responsible for leading the development of the company's innovative, robust, scalable, and secure technology infrastructure.
Scott Daniel Forney, General Counsel and Corporate Secretary
Scott Daniel Forney was promoted to General Counsel and Corporate Secretary at MarketWise in 2023, following five years as Assistant General Counsel. He oversees the company's legal and compliance functions and offers strategic business and legal advice to the board of directors, executive leadership team, and operating companies across various practice areas.
Lee Harris, Senior Vice President, Financial Planning & Analysis
AI Analysis | Feedback
Marketwise (MKTW) faces several key risks to its business operations and financial performance. The most significant challenges include a declining subscriber base and revenue, intense competition within the financial content industry, and reputational and regulatory risks. The company's core business is significantly threatened by its **declining subscriber base and associated revenue decrease**. Marketwise has experienced a rapid loss of paid subscribers, with numbers falling from 774,000 in Q3 2023 to 592,000 in Q3 2024, and total billings also seeing a sharp decline. This trend directly impacts revenue and is a crucial factor for the company's financial health, necessitating improved subscriber retention and new customer acquisition strategies. Marketwise operates in a **highly competitive market for financial research and content**. It faces a diverse range of competitors, from specialized publishers and traditional financial news outlets to free online content providers, social media platforms, and institutional financial software providers. This intense competition can lead to pricing pressures, reduced margins, and a loss of market share, making it challenging for Marketwise to attract and retain customers. Finally, **reputational and regulatory risks** pose a significant threat. The company has previously faced issues such as misconduct at its Legacy Research subsidiary, which involved ethical breaches and undisclosed compensation. This incident led to the winding down of that business and could erode trust with subscribers. Furthermore, Marketwise must navigate and comply with various federal and state securities laws, as well as evolving data privacy and cybersecurity regulations. Non-compliance or further reputational damage could lead to substantial financial liabilities and a loss of public confidence.AI Analysis | Feedback
The rapid advancement and increasing sophistication of artificial intelligence (AI) and generative AI tools pose a clear emerging threat to Marketwise's business model. These technologies are increasingly capable of performing automated financial analysis, synthesizing vast amounts of market data, generating investment insights, and creating personalized financial content. As AI tools become more powerful, accessible, and potentially cheaper or free, they could significantly erode the value proposition of Marketwise's subscription-based, human-curated financial research, software, and education services. This parallels how Netflix's streaming technology fundamentally disrupted Blockbuster's physical media business by offering a new, more efficient way to consume content.
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MarketWise (NASDAQ: MKTW) operates a multi-brand digital subscription services platform, providing self-directed investors with a range of products including financial research, software, education, and investment tools both in the United States and internationally.
The addressable markets for MarketWise's main products and services can be estimated by examining related industry segments:
- Global Education Technology Market: MarketWise's offerings include financial education. The global education technology (EdTech) market was estimated at $163.49 billion in 2024 and is projected to reach $348.41 billion by 2030, growing at a CAGR of 13.3% from 2025 to 2030.
- Global Financial Services Market: MarketWise provides financial research, software, and tools. The global financial services market size is projected to grow to $47.55 trillion in 2029 with a compound annual growth rate (CAGR) of 7.1%. This broader market encompasses various financial activities, including investment services. The global financial market size was recorded at $26.88 trillion in 2021 and is expected to reach $35.85 trillion by the end of 2025.
AI Analysis | Feedback
MarketWise (MKTW) anticipates several key drivers for future revenue growth over the next 2-3 years, primarily stemming from its focus on customer engagement and strategic investments. Here are the expected drivers:- Growth in Paid Subscribers: MarketWise is actively working on increasing its total number of paid subscribers. The company is developing initiatives specifically aimed at enhancing customer acquisition, improving engagement, and boosting retention rates to expand its subscriber base.
- Increasing Average Revenue Per User (ARPU): The company is focused on driving higher Average Revenue Per User, indicating an effort to better monetize its existing customer base and the value customers find in its products.
- Launch of New Products and Targeted Marketing Campaigns: MarketWise acknowledges that the timing of product launches and focused marketing campaigns can significantly influence its financial results and cash flow. These initiatives are expected to play a role in driving revenue.
- Prudent Investments in the Business: As part of its disciplined capital allocation strategy, MarketWise plans to make prudent investments back into its business. These investments are intended to support and fuel overall growth.
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Share Repurchases
- In November 2021, the Board of Directors authorized a share repurchase program of up to $35 million of Class A common stock, which was set to expire on November 3, 2023.
- A new share repurchase program of up to $50 million of Class A common stock was authorized by the Board in February 2025.
- Since April 2025, the company repurchased 174,897 shares for $2.9 million, with repurchases under this program suspended effective October 30, 2025, following a proposal to acquire the company.
Share Issuance
- A 1-for-20 reverse stock split was implemented on April 2, 2025, which reduced the issued and outstanding Class A common stock from approximately 49.5 million shares to about 2.47 million shares, and Class B common stock from roughly 276.6 million shares to 13.8 million shares.
Inbound Investments
- On October 29, 2025, MarketWise received a proposal from Monument & Cathedral Holdings, LLC to acquire all outstanding equity interests not already owned by them for $17.25 per share.
Capital Expenditures
- For the nine months ended September 30, 2025, capital expenditures totaled $1.038 million.
- For the last 12 months (prior to late 2025 filings), capital expenditures were -$259,000.
- Capital expenditures primarily focus on purchases of property and equipment, along with capitalized software development costs.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Marketwise Earnings Notes | 12/16/2025 | |
| How Low Can Marketwise Stock Really Go? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to MKTW.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 01302026 | FDS | FactSet Research Systems | 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 | -19.1% | -19.1% | -23.8% |
| 01302026 | PFSI | PennyMac Financial Services | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -7.6% | -7.6% | -9.2% |
| 01232026 | FIS | Fidelity National Information Services | 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 | -22.6% | -22.6% | -22.6% |
| 01022026 | MORN | Morningstar | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -23.9% | -23.9% | -26.8% |
| 01022026 | ABR | Arbor Realty Trust | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | -2.9% | -2.9% | -6.7% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 229.01 |
| Mkt Cap | 64.0 |
| Rev LTM | 4,766 |
| Op Inc LTM | 2,935 |
| FCF LTM | 2,665 |
| FCF 3Y Avg | 2,462 |
| CFO LTM | 2,875 |
| CFO 3Y Avg | 2,599 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.7% |
| Rev Chg 3Y Avg | 9.3% |
| Rev Chg Q | 0.4% |
| QoQ Delta Rev Chg LTM | 0.1% |
| Op Mgn LTM | 39.9% |
| Op Mgn 3Y Avg | 38.1% |
| QoQ Delta Op Mgn LTM | -0.0% |
| CFO/Rev LTM | 43.8% |
| CFO/Rev 3Y Avg | 44.0% |
| FCF/Rev LTM | 41.1% |
| FCF/Rev 3Y Avg | 40.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 64.0 |
| P/S | 9.1 |
| P/EBIT | 20.5 |
| P/E | 27.3 |
| P/CFO | 20.5 |
| Total Yield | 5.4% |
| Dividend Yield | 1.9% |
| FCF Yield 3Y Avg | 4.3% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -7.6% |
| 3M Rtn | -0.5% |
| 6M Rtn | -8.7% |
| 12M Rtn | -3.6% |
| 3Y Rtn | 10.7% |
| 1M Excs Rtn | -8.6% |
| 3M Excs Rtn | -3.2% |
| 6M Excs Rtn | -15.6% |
| 12M Excs Rtn | -12.4% |
| 3Y Excs Rtn | -58.2% |
Price Behavior
| Market Price | $14.41 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 09/14/2020 | |
| Distance from 52W High | -28.7% | |
| 50 Days | 200 Days | |
| DMA Price | $15.54 | $16.39 |
| DMA Trend | up | down |
| Distance from DMA | -7.3% | -12.1% |
| 3M | 1YR | |
| Volatility | 38.3% | 69.3% |
| Downside Capture | -9.79 | 78.73 |
| Upside Capture | -65.51 | 94.78 |
| Correlation (SPY) | 9.2% | 19.7% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.30 | 0.17 | 0.02 | 0.17 | 0.70 | 1.00 |
| Up Beta | 1.57 | 0.43 | -0.28 | 0.95 | 0.94 | 1.60 |
| Down Beta | 1.42 | 1.53 | 0.62 | -0.30 | 0.23 | 0.63 |
| Up Capture | 200% | -61% | -18% | 5% | 101% | 24% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 9 | 15 | 23 | 49 | 120 | 340 |
| Down Capture | 9% | -93% | -22% | 36% | 73% | 101% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 11 | 25 | 36 | 74 | 129 | 374 |
[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 MKTW | |
|---|---|---|---|---|
| MKTW | 20.4% | 69.5% | 0.53 | - |
| Sector ETF (XLF) | 1.0% | 19.4% | -0.07 | 20.6% |
| Equity (SPY) | 13.0% | 19.4% | 0.51 | 19.7% |
| Gold (GLD) | 71.2% | 25.5% | 2.08 | 0.1% |
| Commodities (DBC) | 7.3% | 16.9% | 0.25 | 2.9% |
| Real Estate (VNQ) | 6.4% | 16.7% | 0.20 | 22.3% |
| Bitcoin (BTCUSD) | -30.2% | 44.9% | -0.66 | 23.9% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MKTW | |
|---|---|---|---|---|
| MKTW | -40.7% | 75.1% | -0.37 | - |
| Sector ETF (XLF) | 12.7% | 18.7% | 0.55 | 19.7% |
| Equity (SPY) | 13.4% | 17.0% | 0.62 | 24.9% |
| Gold (GLD) | 22.0% | 17.1% | 1.05 | 7.8% |
| Commodities (DBC) | 11.0% | 19.0% | 0.47 | 9.2% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 20.9% |
| Bitcoin (BTCUSD) | 6.9% | 57.1% | 0.34 | 13.3% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MKTW | |
|---|---|---|---|---|
| MKTW | -22.2% | 72.3% | -0.33 | - |
| Sector ETF (XLF) | 14.3% | 22.2% | 0.59 | 18.8% |
| Equity (SPY) | 15.8% | 17.9% | 0.76 | 24.2% |
| Gold (GLD) | 15.0% | 15.6% | 0.80 | 7.6% |
| Commodities (DBC) | 8.7% | 17.6% | 0.41 | 9.1% |
| Real Estate (VNQ) | 6.8% | 20.7% | 0.29 | 20.2% |
| Bitcoin (BTCUSD) | 67.7% | 66.7% | 1.07 | 12.8% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/22/2026 | 7.0% | 2.4% | |
| 11/6/2025 | 4.4% | 3.0% | 0.3% |
| 8/7/2025 | -6.1% | 0.4% | -6.7% |
| 2/28/2025 | 24.0% | 19.5% | -17.5% |
| 11/7/2024 | 0.5% | -19.2% | -11.4% |
| 8/14/2024 | -3.3% | 6.9% | -1.0% |
| 3/7/2024 | 7.6% | 8.7% | -10.4% |
| 11/9/2023 | 2.6% | 21.8% | 19.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 9 | 8 | 3 |
| # Negative | 5 | 6 | 10 |
| Median Positive | 7.0% | 7.8% | 7.6% |
| Median Negative | -6.1% | -6.7% | -13.0% |
| Max Positive | 24.0% | 27.7% | 19.7% |
| Max Negative | -20.5% | -19.2% | -24.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/06/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 03/07/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/31/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/08/2022 | 10-Q |
| 03/31/2022 | 05/09/2022 | 10-Q |
| 12/31/2021 | 03/10/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Mickels, Erik | Chief Financial Officer | Direct | Buy | 6202025 | 17.94 | 940 | 16,864 | 1,255,764 | Form |
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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