NorthStrive Acquisition I (NSAI)
Market Price (9/21/2026): $9.87 | Market Cap: $-Sector: Financials | Industry: Multi-Sector Holdings
NorthStrive Acquisition I (NSAI)
Market Price (9/21/2026): $9.87Market Cap: $-Sector: FinancialsIndustry: Multi-Sector Holdings
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Low stock price volatilityVol 12M is 1.0% | Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% Weak multi-year price returns2Y Excs Rtn is -36%, 3Y Excs Rtn is -71% | Key risksNSAI key risks include [1] its inability to complete a business combination within the required timeframe, Show more. |
| Low stock price volatilityVol 12M is 1.0% |
| Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% |
| Weak multi-year price returns2Y Excs Rtn is -36%, 3Y Excs Rtn is -71% |
| Key risksNSAI key risks include [1] its inability to complete a business combination within the required timeframe, Show more. |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| NSAI Return | - | - | - | - | - | 0% | 0% |
| Peers Return | 1% | 1% | |||||
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| NSAI Win Rate | - | - | - | - | - | 100% | |
| Peers Win Rate | 63% | ||||||
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| NSAI Max Drawdown | - | - | - | - | - | - | |
| Peers Max Drawdown | |||||||
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: AAC, AESP, ALPX, ATLQ, BCCQ.
[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 9/18/2026 (YTD)
How Low Can It Go
NSAI has limited trading history. Below is the Financials sector ETF (XLF) in its place.
| Event | XLF | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -15.5% | -18.8% |
| % Gain to Breakeven | 18.4% | 23.1% |
| Time to Breakeven | 80 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.7% | -9.5% |
| % Gain to Breakeven | 12.0% | 10.5% |
| Time to Breakeven | 26 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -16.1% | -6.7% |
| % Gain to Breakeven | 19.1% | 7.1% |
| Time to Breakeven | 270 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.3% | -24.5% |
| % Gain to Breakeven | 28.6% | 32.4% |
| Time to Breakeven | 467 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.8% | -33.7% |
| % Gain to Breakeven | 74.8% | 50.9% |
| Time to Breakeven | 289 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -19.7% | -19.2% |
| % Gain to Breakeven | 24.5% | 23.8% |
| Time to Breakeven | 123 days | 105 days |
In The Past
State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
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NSAI has limited trading history. Below is the Financials sector ETF (XLF) in its place.
| Event | XLF | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.3% | -24.5% |
| % Gain to Breakeven | 28.6% | 32.4% |
| Time to Breakeven | 467 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.8% | -33.7% |
| % Gain to Breakeven | 74.8% | 50.9% |
| Time to Breakeven | 289 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -21.4% | -12.2% |
| % Gain to Breakeven | 27.3% | 13.9% |
| Time to Breakeven | 272 days | 62 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -26.1% | -17.9% |
| % Gain to Breakeven | 35.3% | 21.8% |
| Time to Breakeven | 162 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -78.3% | -53.4% |
| % Gain to Breakeven | 359.8% | 114.4% |
| Time to Breakeven | 2329 days | 1085 days |
In The Past
State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About NorthStrive Acquisition I (NSAI)
NorthStrive Acquisition I (NSAI) is a Special Purpose Acquisition Company (SPAC), often referred to as a blank check company. Its primary business is to identify, acquire, and merge with one or more existing private businesses or entities. This process aims to take the acquired private company public without undergoing a traditional initial public offering (IPO). Currently, NSAI does not operate any business, produce any products, or offer any services; its sole function is to facilitate a business combination.
NSAI's efforts to find a suitable target business are primarily directed towards companies in the manufacturing sector. These target companies are expected to serve high-growth demand markets, which include areas such as aerospace and defense, industrial technology, and critical supply chains. While its focus is on manufacturing, NSAI retains the flexibility to consider businesses in other sectors.
When evaluating potential acquisition targets, NSAI looks for specific characteristics. These include businesses with a strong competitive position, significant opportunities for revenue growth and margin expansion, an experienced management team, valuable intellectual property or specialized expertise, and an attractive financial profile with established revenue and potential for future profitability improvements.
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- Facilitating Business Combinations: NorthStrive Acquisition I is a blank check company (SPAC) formed with the sole purpose of identifying and executing a merger, acquisition, or similar business combination with one or more target businesses.
AI Analysis | Feedback
NorthStrive Acquisition I (NSAI) is a blank check company, also known as a Special Purpose Acquisition Company (SPAC). As described in the background information, its purpose is to effect a business combination with one or more target businesses. At this stage, NSAI has not yet identified or acquired a target business, and therefore, it does not have any ongoing operations, products, or services to sell. Consequently, NorthStrive Acquisition I does not have any major customers.
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Michel Tamer Chief Executive Officer
Michel Tamer is the Managing Director of M&A at NorthStrive Companies, an investment management and advisory services firm. He previously held the position of Managing Partner at PMC Capital Partners. His background as a Managing Partner at PMC Capital Partners indicates experience with firms potentially backed by private equity.
James Dawson Chief Financial Officer
James Dawson is the Controller of GB Capital and a Certified Public Accountant (CPA).
AI Analysis | Feedback
The key risk to NorthStrive Acquisition I (NSAI) is its inability to complete an initial business combination within the required timeframe. As a blank check company, NSAI's sole purpose is to effect a merger, amalgamation, or similar business combination with one or more businesses or entities. The company explicitly states that it does not have any specific business combination under consideration and has not contacted any prospective target businesses, meaning there is no guarantee it will find a suitable acquisition candidate or successfully close a transaction. If NSAI fails to complete a business combination, it would likely be forced to liquidate and return the funds to its public stockholders.
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Peer Outperformance in Multi-Sector Holdings
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Reinsurance | 6 | 24.2% | 70.6% | 133.7% | SPNT 170% · RGA 154% · RNR 140% |
| Investment Banking & Brokerage | 13 | -1.7% | 105.1% | 116.5% | IBKR 527% · SNEX 257% · HOOD 183% |
| Diversified Banks | 12 | 27.5% | 129.8% | 116.3% | CM 161% · JPM 159% · RY 149% |
| Life & Health Insurance | 20 | 8.6% | 57.6% | 105.8% | JXN 534% · UNM 373% · FG 207% |
| Multi-Sector Holdings ← | 4 | 6.8% | 50.2% | 87.3% | JONE 361% · VOYA 88% · BRK-B 87% |
| Property & Casualty Insurance | 42 | 9.6% | 67.5% | 67.8% | ASIC 2760900% · HRTG 445% · UVE 331% |
| Regional Banks | 265 | 23.9% | 91.7% | 67.1% | ESQ 391% · GCBC 340% · VBNK 335% |
| Multi-line Insurance | 9 | 8.8% | 71.2% | 64.1% | GNW 201% · L 112% · SLF 104% |
| Financial Exchanges & Data | 15 | -0.1% | 17.4% | 32.7% | VIRT 184% · CBOE 135% · CME 83% |
| Diversified Financial Services | 4 | -7.3% | 22.1% | 32.6% | FRHC 168% · EQH 119% · TMS -54% |
| Consumer Finance | 30 | 1.7% | 89.6% | 26.9% | ENVA 447% · EZPW 319% · FCFS 168% |
| Insurance Brokers | 16 | -15.1% | -6.3% | 20.3% | LIFE 200% · ARX 87% · AJG 70% |
| Commercial & Residential Mortgage Finance | 14 | -50.2% | 32.8% | 13.9% | FNMA 454% · FMCC 436% · ACT 204% |
| Asset Management & Custody Banks | 84 | -11.7% | 17.6% | 12.0% | WT 348% · SII 279% · VCTR 274% |
| Specialized Finance | 3 | 14.0% | 42.2% | -2.8% | EFC 27% · CACC -3% · HASI -16% |
| Mortgage REITs | 33 | -13.0% | 7.4% | -16.5% | NREF 53% · RITM 42% · DX 34% |
| Transaction & Payment Processing Services | 15 | -1.0% | -5.9% | -42.9% | V 74% · MA 73% · CPAY 58% |
| Diversified Capital Markets | 20 | -36.3% | 20.7% | -48.1% | OPY 196% · LPLA 136% · GOLD 90% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 9.96 |
| Mkt Cap | - |
| Rev LTM | - |
| Op Inc LTM | - |
| FCF LTM | - |
| FCF 3Y Avg | - |
| CFO LTM | - |
| CFO 3Y Avg | - |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | - |
| Rev Chg 3Y Avg | - |
| Rev Chg Q | - |
| QoQ Delta Rev Chg LTM | - |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | - |
| CFO/Rev 3Y Avg | - |
| FCF/Rev LTM | - |
| FCF/Rev 3Y Avg | - |
Price Behavior
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | ||||||
| Up Beta | � | � | � | � | � | � |
| Down Beta | � | � | � | � | � | � |
| Up Capture | 0% | 0% | 0% | 0% | 0% | 0% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | ||||||
| Down Capture | -0% | -0% | -0% | -0% | -0% | -0% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days |
[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 NSAI | |
|---|---|---|---|---|
| NSAI | 0.1% | 1.0% | -3.58 | - |
| Sector ETF (XLF) | 4.5% | 14.6% | 0.08 | -59.0% |
| Equity (SPY) | 16.9% | 12.9% | 0.94 | -52.9% |
| Gold (GLD) | 19.1% | 29.3% | 0.60 | -58.2% |
| Commodities (DBC) | 46.3% | 20.6% | 1.73 | -6.1% |
| Real Estate (VNQ) | 4.9% | 13.6% | 0.10 | -54.2% |
| Bitcoin (BTCUSD) | -30.6% | 44.3% | -0.70 | -46.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NSAI | |
|---|---|---|---|---|
| NSAI | 0.0% | 1.0% | -3.58 | - |
| Sector ETF (XLF) | 10.1% | 18.4% | 0.41 | -59.0% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | -52.9% |
| Gold (GLD) | 19.1% | 18.8% | 0.83 | -58.2% |
| Commodities (DBC) | 11.2% | 19.5% | 0.45 | -6.1% |
| Real Estate (VNQ) | 1.1% | 18.8% | -0.05 | -54.2% |
| Bitcoin (BTCUSD) | 12.5% | 52.5% | 0.42 | -46.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NSAI | |
|---|---|---|---|---|
| NSAI | 0.0% | 1.0% | -3.58 | - |
| Sector ETF (XLF) | 12.9% | 22.1% | 0.53 | -59.0% |
| Equity (SPY) | 15.1% | 18.0% | 0.72 | -52.9% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | -58.2% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | -6.1% |
| Real Estate (VNQ) | 4.4% | 20.7% | 0.18 | -54.2% |
| Bitcoin (BTCUSD) | 62.6% | 66.2% | 1.02 | -46.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Multi-Sector Holdings Resources |
| McKinsey & Company Insights |
| Harvard Business Review |
| ValueWalk |
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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