Banzai International (PARA)


Market Price (9/10/2026): $1.05 | Market Cap: $1.7 MilSector: Information Technology | Industry: Application Software

Banzai International (PARA)


Market Price (9/10/2026): $1.05
Market Cap: $1.7 Mil
Sector: Information Technology
Industry: Application Software

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

0

Weak multi-year price returns
2Y Excs Rtn is -78%, 3Y Excs Rtn is -109%

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 17%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -19 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -178%

Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -27%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 38%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -151%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -151%

Key risks
PARA key risks include [1] a massive debt burden and significant integration challenges from its Warner Bros. Show more.

0 Weak multi-year price returns
2Y Excs Rtn is -78%, 3Y Excs Rtn is -109%
1 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 17%
2 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -19 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -178%
3 Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -27%
4 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 38%
5 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -151%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -151%
6 Key risks
PARA key risks include [1] a massive debt burden and significant integration challenges from its Warner Bros. Show more.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

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Updated on 9/1/2026

Banzai International (PARA) stock has lost about 40% since it went public on 8/7/2026 because of the following key factors:

1. Significant Miss in Q2 2026 Earnings Expectations.

Banzai International (d/b/a Parabolic) reported its fiscal Q2 2026 financial results on August 14, 2026, missing analyst expectations. The company's revenue for the quarter was US$2.27 million, a 30% decrease from fiscal Q2 2025, falling short of analyst estimates by 19%. Earnings per share also missed projections by 4.5%. This underperformance likely contributed to a lack of investor confidence shortly after the stock began trading under its new ticker.

2. Share Dilution and Convertible Note Issuance.

The company engaged in activities that led to potential share dilution. An underwritten public offering for Banzai International (BNZI) closed on July 14, 2026, raising approximately $0.9 million at a public offering price of $2.75 per share. Furthermore, on August 12, 2026, Banzai International issued an additional senior secured convertible note valued at approximately $1.1 million, along with warrants to purchase up to 112,531 shares of common stock at an exercise price of $1.96 per share. These actions increased the outstanding share count and introduced future dilution risk, placing downward pressure on the stock price.

Show more
Updated on 9/1/2026

Banzai International (PARA) stock has lost about 40% since it went public on 8/7/2026 because of the following key factors:

1. Significant Miss in Q2 2026 Earnings Expectations.

Banzai International (d/b/a Parabolic) reported its fiscal Q2 2026 financial results on August 14, 2026, missing analyst expectations. The company's revenue for the quarter was US$2.27 million, a 30% decrease from fiscal Q2 2025, falling short of analyst estimates by 19%. Earnings per share also missed projections by 4.5%. This underperformance likely contributed to a lack of investor confidence shortly after the stock began trading under its new ticker.

2. Share Dilution and Convertible Note Issuance.

The company engaged in activities that led to potential share dilution. An underwritten public offering for Banzai International (BNZI) closed on July 14, 2026, raising approximately $0.9 million at a public offering price of $2.75 per share. Furthermore, on August 12, 2026, Banzai International issued an additional senior secured convertible note valued at approximately $1.1 million, along with warrants to purchase up to 112,531 shares of common stock at an exercise price of $1.96 per share. These actions increased the outstanding share count and introduced future dilution risk, placing downward pressure on the stock price.

3. Name Change and Strategic Restructuring Announcement.

On August 6, 2026, just before its Class A common stock and warrants transitioned to trade under the NASDAQ: PARA and PARAW symbols, Banzai International announced plans to change its name to Parabolic Technologies, Inc., and unveiled an "Agentic Platform Strategy." While intended to signal a strategic shift, this significant rebranding and strategic pivot, coupled with a ticker symbol change effective August 7, 2026, may have created initial uncertainty among investors, leading to selling pressure as the market digested the new corporate identity and direction.

4. Pre-existing Liquidity Concerns.

Prior to the analysis period, Banzai International faced significant liquidity challenges, which likely continued to weigh on investor sentiment. As of a July 10, 2026 report, the company had a market capitalization of just $4.75 million and a current ratio of 0.07, indicating that its short-term obligations substantially exceeded its liquid assets. This financial instability raised concerns about the company's ability to meet its immediate financial commitments and fund future growth, contributing to investor apprehension.

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Stock Movement Drivers

Fundamental Drivers

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Market Drivers

5/31/2026 to 9/9/2026
ReturnCorrelation
PARA  
Market (SPY)0.8%24.7%
Sector (XLK)-1.6%35.1%

Fundamental Drivers

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Market Drivers

2/28/2026 to 9/9/2026
ReturnCorrelation
PARA  
Market (SPY)11.4%24.7%
Sector (XLK)35.6%35.1%

Fundamental Drivers

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Market Drivers

8/31/2025 to 9/9/2026
ReturnCorrelation
PARA  
Market (SPY)19.2%24.7%
Sector (XLK)43.7%35.1%

Fundamental Drivers

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Market Drivers

8/31/2023 to 9/9/2026
ReturnCorrelation
PARA  
Market (SPY)75.3%24.7%
Sector (XLK)117.9%35.1%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PARA Return------40%-40%
Peers Return-0%-58%56%8%-19%17%-33%
S&P 500 Return27%-19%24%23%16%12%104%

Monthly Win Rates [3]
PARA Win Rate-----0% 
Peers Win Rate50%28%55%53%43%49% 
S&P 500 Win Rate75%42%67%75%67%44% 

Max Drawdowns [4]
PARA Max Drawdown------ 
Peers Max Drawdown-37%-62%-28%-30%-39%-40% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: HUBS, CRM, ADBE, ZM, RNG. See PARA Returns vs. Peers.
[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 9/9/2026 (YTD)

How Low Can It Go

PARA has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.

EventXLKS&P 500
2025 US Tariff Shock
  % Loss-25.7%-18.8%
  % Gain to Breakeven34.5%23.1%
  Time to Breakeven65 days79 days
2024 Yen Carry Trade Unwind
  % Loss-17.0%-7.8%
  % Gain to Breakeven20.4%8.5%
  Time to Breakeven92 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-10.0%-9.5%
  % Gain to Breakeven11.2%10.5%
  Time to Breakeven15 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-33.1%-24.5%
  % Gain to Breakeven49.5%32.4%
  Time to Breakeven246 days427 days
2020 COVID-19 Crash
  % Loss-31.2%-33.7%
  % Gain to Breakeven45.2%50.9%
  Time to Breakeven78 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.8%-19.2%
  % Gain to Breakeven31.2%23.8%
  Time to Breakeven100 days105 days

Compare to HUBS, CRM, ADBE, ZM, RNG

In The Past

State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% 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.

PARA has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.

EventXLKS&P 500
2025 US Tariff Shock
  % Loss-25.7%-18.8%
  % Gain to Breakeven34.5%23.1%
  Time to Breakeven65 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-33.1%-24.5%
  % Gain to Breakeven49.5%32.4%
  Time to Breakeven246 days427 days
2020 COVID-19 Crash
  % Loss-31.2%-33.7%
  % Gain to Breakeven45.2%50.9%
  Time to Breakeven78 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.8%-19.2%
  % Gain to Breakeven31.2%23.8%
  Time to Breakeven100 days105 days
2008-2009 Global Financial Crisis
  % Loss-51.5%-53.4%
  % Gain to Breakeven106.2%114.4%
  Time to Breakeven797 days1085 days

Compare to HUBS, CRM, ADBE, ZM, RNG

In The Past

State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% 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 Banzai International (PARA)

Paramount Global (PARA) is a comprehensive global media and entertainment company. It specializes in the creation, acquisition, and distribution of a wide array of content across numerous platforms to a worldwide audience. The company operates the well-known CBS Television Network and owns 29 local broadcast television stations, providing extensive news, public affairs, sports, and entertainment programming.

Its core offerings encompass a vast range of content, including primetime comedies and dramas, reality shows, daytime dramas, game shows, and kids' programs, distributed through its broadcast and cable networks, such as the 24-hour CBS Sports Network. A significant focus is on its digital strategy, highlighted by Paramount+, its flagship digital subscription video-on-demand and live streaming service that delivers a broad library of original and acquired content.

Beyond traditional television and streaming, Paramount Global is also a key player in the film industry, involved in the development, production, financing, acquisition, and distribution of movies. Its primary customers include global consumers who engage with its content via broadcast television, cable subscriptions, streaming services, and cinemas, as well as advertisers leveraging its extensive media reach.

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Here are 1-3 brief analogies for Paramount Global (PARA):

  • Like Warner Bros. Discovery, with its own film studio, TV networks, and streaming service.
  • Essentially Netflix, but also owns a major film studio (Paramount Pictures) and traditional broadcast networks like CBS.
  • A smaller Disney, focused purely on content production, television networks, and streaming, without the theme parks.

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  • News and Public Affairs Broadcasts: The company distributes a schedule of news and public affairs content across various platforms.
  • Sports Programming: This includes acquiring, scheduling, and broadcasting sports content, notably through the 24-hour CBS Sports Network.
  • Entertainment Programming: The company acquires, develops, and schedules a wide range of entertainment content for the CBS Television Network, including primetime comedies, dramas, reality, and late-night programs.
  • Broadcast Television Station Operation: Paramount Global owns and operates 29 broadcast television stations.
  • Paramount+ Streaming Service: This is a digital subscription video on-demand and live streaming service offering a vast library of content.
  • Cable Network Programming: The company creates and acquires programming for distribution and viewing on its subscription, premium, and basic cable networks.
  • Film Production and Distribution: Paramount Global develops, produces, finances, acquires, and distributes films globally.

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Paramount Global (PARA), the company described in the BACKGROUND section, serves a diverse customer base, with a significant portion of its revenue derived from other companies. Its major customers primarily fall into the following categories:

  • Multichannel Video Programming Distributors (MVPDs): These are cable, satellite, and virtual television providers that pay Paramount Global affiliate fees for the right to distribute its portfolio of linear television networks (e.g., CBS Television Network, Showtime, MTV, Comedy Central, Nickelodeon, Paramount Network) to their subscribers.

    Examples of such customer companies include:

    • Comcast (CMCSA)
    • Charter Communications (CHTR)
    • DISH Network (DISH)
    • Google (GOOGL) (for YouTube TV)
  • Advertisers and Advertising Agencies: These are businesses and their representatives that purchase advertising inventory across Paramount Global's linear television channels, streaming services (e.g., Pluto TV, the ad-supported tiers of Paramount+), and digital platforms. While individual advertisers are numerous and diverse, the aggregated spending from these companies represents a substantial portion of Paramount Global's revenue.

  • Content Licensing Partners: Other media companies, streaming platforms, and international broadcasters that license films and television series produced or owned by Paramount Global for distribution on their own platforms.

    Examples of such customer companies include:

    • Netflix (NFLX)
    • Amazon (AMZN) (for Prime Video)

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The key risks to Paramount Global's business are:
  1. Massive Debt Burden and Integration Risk from Warner Bros. Discovery Merger: Paramount Global's recent acquisition of Warner Bros. Discovery has substantially increased its debt, projected to reach approximately $79 billion for the combined entity. This has led to credit rating downgrades to "junk" status by major agencies due to elevated leverage. The company faces significant challenges in managing this debt, particularly if interest rates remain high or if profitability declines. Additionally, integrating a massive entity like Warner Bros. Discovery, which itself carried substantial debt and underwent extensive cost-cutting, presents considerable operational and cultural integration risks. The merger also faces ongoing regulatory scrutiny, and delays could incur significant termination fees.
  2. Decline of Linear Television and Intense Streaming Competition: The media industry is undergoing a significant transformation with the accelerated decline of traditional linear television due to "cord-cutting." This trend directly impacts Paramount's revenue and margins from affiliate fees. While the company is focusing on its streaming service, Paramount+, it faces intense competition from larger, well-established rivals like Netflix, Disney+, Apple, and Amazon, which possess greater scale, deeper cash reserves, and more entrenched consumer habits. Despite some growth in its streaming segment, Paramount+ still lags behind leading competitors in subscriber base and daily usage, requiring it to rapidly increase digital ad revenue to offset linear declines.
  3. Overall Financial Flexibility and Profitability Concerns: Paramount Global has experienced periods of declining EBITDA and negative free cash flow in previous years, highlighting concerns about its financial flexibility. While recent results show a return to profitability for the streaming segment and overall net income, financial health indicators such as a low Piotroski F-score and Altman Z-score suggest potential underlying issues, including declining return on assets and liquidity challenges. The substantial debt from the Warner Bros. Discovery merger further strains the company's financial flexibility, potentially limiting its ability to invest in R&D and content, and leaving minimal room for strategic missteps.

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Emerging Threats for Paramount Global (PARA)

  • Accelerating Decline of Linear Television and Cable Subscriptions: While cord-cutting has been an ongoing trend, its accelerating pace poses an intensifying threat to Paramount Global's substantial revenue derived from broadcast television stations and cable networks (e.g., CBS Sports Network). The continuous migration of advertising dollars and subscriber fees from traditional linear TV to diverse digital platforms creates immense pressure on Paramount's long-standing business model, paralleling the historical threat YouTube posed to cable companies but with increasing severity as the ecosystem shifts.
  • Intensified Streaming Content Arms Race and Subscriber Churn: The highly competitive global streaming market, where Paramount+ vies against giants like Netflix, Disney+, and Max, necessitates massive and often unprofitable investment in content to attract and retain subscribers. As the streaming market matures and global subscriber growth slows, a clear emerging threat is the increasing difficulty of achieving sustainable profitability for Paramount+ amidst escalating content acquisition and production costs, coupled with rising consumer churn where subscribers frequently switch between services based on content releases or promotional offers. This scenario echoes Netflix's disruptive impact on Blockbuster, but now applied to established media companies navigating the complexities of their own streaming pivots.
  • Fragmentation of Audience Attention by Short-Form and User-Generated Content (UGC): The exponential growth and dominant engagement of platforms like TikTok, YouTube Shorts, and Instagram Reels represent an emerging threat by capturing significant audience attention and advertising revenue, particularly among younger demographics. While these platforms do not directly replace long-form professional content, they fundamentally fragment the overall attention economy, making it increasingly challenging for Paramount Global to consistently attract, retain, and monetize viewers across its traditional broadcast, cable, and streaming properties. This competition for precious screen time and ad spend is a growing concern for legacy media.

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Peer Outperformance in Application Software

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Share of Application Software constituents that PARA has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
insufficient peer history
3Y
insufficient peer history
5Y
insufficient peer history
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Median price return by industry across the Information Technology sector, ranked by 5Y. Application Software is PARA's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Electronic Manufacturing Services 9 62.0%191.8%304.2% TTMI 816% · FLEX 745% · SANM 424%
Semiconductor Materials & Equipment 27 129.2%82.9%106.7% AEHR 845% · AXTI 647% · LRCX 456%
Technology Distributors 9 31.8%69.9%87.2% CLMB 337% · AVT 168% · SNX 133%
Communications Equipment 35 21.0%92.3%74.4% AAOI 1353% · LITE 1052% · ANET 780%
Electronic Components 26 39.3%59.6%64.6% CLS 3713% · BELFA 1314% · COHR 394%
Semiconductors 55 23.0%26.0%27.9% POET 1864% · MU 1334% · NVDA 897%
Technology Hardware, Storage & Peripherals 21 30.2%79.4%23.5% DELL 1128% · STX 1125% · WDC 1018%
Internet Services & Infrastructure 6 19.5%33.5%13.9% DOCN 89% · VRSN 32% · GDDY 24%
Electronic Equipment & Instruments 27 -13.0%6.7%-10.7% PI 210% · OSIS 108% · NSSC 97%
IT Consulting & Other Services 28 -27.5%-14.5%-31.2% CHRN 478321% · APLD 1264% · TSSI 657%
Application Software ← 122 -28.4%-15.9%-46.0% VIDA 205355% · INLX 4774% · PLTR 545%
Systems Software 67 -15.1%-1.0%-57.2% QNC 469% · ZETA 340% · PANW 328%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Latest Trefis Analyses

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

PARAHUBSCRMADBEZMRNGMedian
NameBanzai I.HubSpot Salesfor.Adobe Zoom Com.RingCent. 
Mkt Price1.06230.19244.16254.8696.1869.64163.19
Mkt Cap-11.6200.2102.528.25.928.2
Rev LTM113,44943,93825,1984,9932,5844,221
Op Inc LTM-191359,4559,0901,185174679
FCF LTM-1665815,15410,2801,9255761,292
FCF 3Y Avg-1149913,0378,6951,8304721,165
CFO LTM-1685615,75010,4812,0006711,428
CFO 3Y Avg-1165813,6648,8931,9325571,295

Growth & Margins

PARAHUBSCRMADBEZMRNGMedian
NameBanzai I.HubSpot Salesfor.Adobe Zoom Com.RingCent. 
Rev Chg LTM19.6%21.1%11.2%11.5%5.0%5.2%11.4%
Rev Chg 3Y Avg-21.1%9.9%11.0%3.8%7.1%9.9%
Rev Chg Q-27.3%19.8%10.8%12.7%4.9%5.9%8.4%
QoQ Delta Rev Chg LTM-7.4%4.6%2.6%3.0%1.2%1.4%2.0%
Op Inc Chg LTM-14.9%297.6%12.8%10.6%22.0%162.1%17.4%
Op Inc Chg 3Y Avg-112.4%31.8%13.6%184.1%124.7%112.4%
Op Mgn LTM-177.7%3.9%21.5%36.1%23.7%6.7%14.1%
Op Mgn 3Y Avg-213.5%-0.6%20.6%35.9%20.1%1.5%10.8%
QoQ Delta Op Mgn LTM-9.3%1.9%-0.3%-0.6%-0.4%0.4%-0.4%
CFO/Rev LTM-151.1%24.8%35.8%41.6%40.1%26.0%30.9%
CFO/Rev 3Y Avg-115.9%22.3%34.1%38.8%40.4%22.6%28.4%
FCF/Rev LTM-151.1%19.1%34.5%40.8%38.6%22.3%28.4%
FCF/Rev 3Y Avg-115.9%16.9%32.5%37.9%38.3%19.1%25.8%

Valuation

PARAHUBSCRMADBEZMRNGMedian
NameBanzai I.HubSpot Salesfor.Adobe Zoom Com.RingCent. 
Mkt Cap-11.6200.2102.528.25.928.2
P/S-3.44.64.15.62.34.1
P/Op Inc-86.421.211.323.833.723.8
P/EBIT-66.815.810.923.832.123.8
P/E-79.320.714.28.753.120.7
P/CFO-13.612.79.814.18.712.7
Total Yield-1.3%5.6%7.1%11.6%2.1%5.6%
Dividend Yield-0.0%0.8%0.0%0.0%0.2%0.0%
FCF Yield 3Y Avg-3.3%7.1%6.9%8.3%16.7%7.1%
D/E-0.00.20.10.00.20.1
Net D/E--0.10.20.0-0.30.20.0

Returns

PARAHUBSCRMADBEZMRNGMedian
NameBanzai I.HubSpot Salesfor.Adobe Zoom Com.RingCent. 
1M Rtn-36.1%6.6%23.6%-6.6%-10.3%8.6%-0.0%
3M Rtn-39.8%19.4%43.2%9.2%2.4%80.2%14.3%
6M Rtn-39.8%-11.2%26.4%-6.9%26.5%79.8%9.8%
12M Rtn-39.8%-54.2%-2.3%-28.0%12.3%120.4%-15.2%
3Y Rtn-39.8%-57.1%10.5%-54.5%33.5%122.1%-14.6%
1M Excs Rtn-34.6%8.1%25.1%-5.1%-8.8%10.1%1.5%
3M Excs Rtn-43.2%13.1%36.2%3.8%-4.1%74.6%8.4%
6M Excs Rtn-52.4%-27.1%13.3%-20.0%13.3%59.2%-3.3%
12M Excs Rtn-57.3%-71.4%-20.0%-46.5%-4.5%98.3%-33.2%
3Y Excs Rtn-108.9%-127.4%-57.0%-123.9%-35.0%50.2%-82.9%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
OpenReel50   
Banzai Operating44   
Vidello20   
Single Segment  555
Total125555


Operating Income by Segment
$ Mil20252024
Vidello10
OpenReel-00
Depreciation and amortization-10
Banzai Operating-17-13
Total-18-13


Price Behavior

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PARA Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta0.282.42-2.53-0.381.28-1.02
Up Beta1.70-1.312.48-4.13-2.704.38
Down Beta10.12-3.160.39-1.931.543.08
Up Capture-38%-18%-11%-4%-2%-0%
Bmk +ve Days10213268138427
Stock +ve Days666666
Down Capture982%377%200%117%73%41%
Bmk -ve Days11213259113324
Stock -ve Days999999

[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 PARA
PARA-39.9%75.7%-7.26-
Sector ETF (XLK)42.7%26.2%1.3235.1%
Equity (SPY)18.6%12.8%1.0624.7%
Gold (GLD)20.6%29.2%0.6421.9%
Commodities (DBC)46.3%20.4%1.76-6.9%
Real Estate (VNQ)7.3%13.6%0.2726.5%
Bitcoin (BTCUSD)-29.8%43.8%-0.682.8%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PARA
PARA-9.7%75.7%-7.26-
Sector ETF (XLK)19.7%25.9%0.6835.1%
Equity (SPY)12.5%17.2%0.5524.7%
Gold (GLD)18.9%18.8%0.8221.9%
Commodities (DBC)11.1%19.5%0.44-6.9%
Real Estate (VNQ)1.2%18.9%-0.0426.5%
Bitcoin (BTCUSD)10.8%52.6%0.392.8%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PARA
PARA-4.9%75.7%-7.26-
Sector ETF (XLK)24.3%25.0%0.8835.1%
Equity (SPY)15.1%17.9%0.7224.7%
Gold (GLD)12.3%16.3%0.6221.9%
Commodities (DBC)8.1%18.1%0.37-6.9%
Real Estate (VNQ)4.7%20.7%0.1926.5%
Bitcoin (BTCUSD)63.6%66.2%1.032.8%

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Short Interest

Short Interest: As Of Date8142026
Short Interest: Shares Quantity0.3 Mil
Short Interest: % Change Since 731202624.8%
Average Daily Volume0.2 Mil
Days-to-Cover Short Interest1.8 days
Basic Shares Quantity1.6 Mil
Short % of Basic Shares17.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/14/202610-Q
03/31/202605/15/202610-Q
12/31/202503/31/202610-K
09/30/202511/14/202510-Q
06/30/202508/14/202510-Q
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