Parabilis Medicines (PBLS)


Market Price (8/8/2026): $35.24 | Market Cap: $-Sector: Health Care | Industry: Biotechnology

Parabilis Medicines (PBLS)


Market Price (8/8/2026): $35.24
Market Cap: $-
Sector: Health Care
Industry: Biotechnology

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

0

Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Biopharmaceutical R&D, Targeted Therapies, Show more.

Trading close to highs
Dist 52W High is -2.6%, Dist 3Y High is -2.6%

Weak multi-year price returns
2Y Excs Rtn is -34%, 3Y Excs Rtn is -61%

Key risks
PBLS key risks include [1] its novel and unproven "first-in-industry" Helicon therapeutic modality and [2] a heavy reliance on its single lead "pipeline-in-a-product" candidate, Show more.

0 Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Biopharmaceutical R&D, Targeted Therapies, Show more.
1 Trading close to highs
Dist 52W High is -2.6%, Dist 3Y High is -2.6%
2 Weak multi-year price returns
2Y Excs Rtn is -34%, 3Y Excs Rtn is -61%
3 Key risks
PBLS key risks include [1] its novel and unproven "first-in-industry" Helicon therapeutic modality and [2] a heavy reliance on its single lead "pipeline-in-a-product" candidate, Show more.

PBLS in ETFs

Weight = PBLS's share of each fund

VB0.01%
VBK0.01%
VBR0.01%
ONEQ0.01%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/4/2026

Parabilis Medicines (PBLS) stock has gained about 10% since it went public on 6/10/2026 because of the following key factors:

1. Strong Initial Public Offering (IPO) Performance and Investor Demand. Parabilis Medicines priced its upsized IPO at $20.00 per share on June 9, 2026, exceeding its initial projected range of $17.00 to $19.00. The company raised $670 million from the offering, alongside an additional $75 million through a concurrent private placement to Regeneron Pharmaceuticals. The stock demonstrated significant investor interest on its debut, opening at $33.35 on June 10, 2026, a 66.75% increase from its IPO price, and closing its first trading day at $31.60, a 58% gain. This strong market reception positioned the stock for its subsequent appreciation.

2. Promising Clinical Data for Lead Product Candidate, Zolucatetide. The company's lead asset, zolucatetide, which targets desmoid tumors, has shown positive results in early clinical development. In Phase 1/2 studies, 100% of evaluable patients demonstrated tumor reductions, with a 74% objective response rate in patients with at least two post-baseline scans. This strong early efficacy and safety data, along with plans to initiate a pivotal Phase 3 registrational trial in desmoid tumors in the first half of 2027, have fueled investor confidence in Parabilis Medicines' pipeline.

Show more
Updated on 8/4/2026

Parabilis Medicines (PBLS) stock has gained about 10% since it went public on 6/10/2026 because of the following key factors:

1. Strong Initial Public Offering (IPO) Performance and Investor Demand. Parabilis Medicines priced its upsized IPO at $20.00 per share on June 9, 2026, exceeding its initial projected range of $17.00 to $19.00. The company raised $670 million from the offering, alongside an additional $75 million through a concurrent private placement to Regeneron Pharmaceuticals. The stock demonstrated significant investor interest on its debut, opening at $33.35 on June 10, 2026, a 66.75% increase from its IPO price, and closing its first trading day at $31.60, a 58% gain. This strong market reception positioned the stock for its subsequent appreciation.

2. Promising Clinical Data for Lead Product Candidate, Zolucatetide. The company's lead asset, zolucatetide, which targets desmoid tumors, has shown positive results in early clinical development. In Phase 1/2 studies, 100% of evaluable patients demonstrated tumor reductions, with a 74% objective response rate in patients with at least two post-baseline scans. This strong early efficacy and safety data, along with plans to initiate a pivotal Phase 3 registrational trial in desmoid tumors in the first half of 2027, have fueled investor confidence in Parabilis Medicines' pipeline.

3. Strategic Collaboration with Regeneron Pharmaceuticals. Parabilis Medicines entered into a strategic collaboration with Regeneron Pharmaceuticals in May 2026, aimed at developing novel antibody-Helicon conjugates across multiple therapeutic areas. This collaboration provided Parabilis with $125 million from Regeneron, including a $50 million upfront payment and a $75 million equity commitment through the concurrent private placement at the IPO. This partnership not only provides significant funding but also validates the company's proprietary Helicon platform and its potential for broad application.

4. Favorable Analyst Coverage and Price Targets. Following its IPO, Parabilis Medicines received positive coverage from several prominent investment banks. BofA Securities initiated coverage with a "Buy" rating and a $45.00 price target on July 6, 2026. Guggenheim also initiated with a "Buy" rating and a $40.00 price target, and Leerink Partners started coverage with an "Outperform" rating and a $40.00 price target. The consensus analyst rating stands at "Buy" with an average 12-month price target of $41.67, indicating significant upside potential from its current trading levels.

5. Substantial Insider Buying Activity. Key stakeholders demonstrated strong confidence in Parabilis Medicines through significant share purchases. RA Capital Management, a major shareholder and director, acquired over 21 million shares at the IPO price of $20.00 per share on June 11, 2026, totaling over $420 million. Additionally, Guy Levy, another major shareholder, purchased 500,000 shares for $10 million. These substantial insider investments, totaling over $5 million, signal strong belief in the company's future prospects.

Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

null
null

Market Drivers

4/30/2026 to 8/7/2026
ReturnCorrelation
PBLS  
Market (SPY)7.6%-17.1%
Sector (XLV)13.5%24.3%

Fundamental Drivers

null
null

Market Drivers

1/31/2026 to 8/7/2026
ReturnCorrelation
PBLS  
Market (SPY)12.1%-17.1%
Sector (XLV)7.5%24.3%

Fundamental Drivers

null
null

Market Drivers

7/31/2025 to 8/7/2026
ReturnCorrelation
PBLS  
Market (SPY)23.4%-17.1%
Sector (XLV)28.7%24.3%

Fundamental Drivers

null
null

Market Drivers

7/31/2023 to 8/7/2026
ReturnCorrelation
PBLS  
Market (SPY)74.9%-17.1%
Sector (XLV)29.3%24.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PBLS Return-----13%13%
Peers Return-7%32%41%-1%13%2%96%
S&P 500 Return27%-19%24%23%16%13%105%

Monthly Win Rates [3]
PBLS Win Rate-----67% 
Peers Win Rate42%67%58%50%83%36% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
PBLS Max Drawdown------ 
Peers Max Drawdown-27%-19%-12%-23%-29%-15% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: VRTX, APMD, CNSY, OBX, PBLS.
[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 8/7/2026 (YTD)

How Low Can It Go

PBLS has limited trading history. Below is the Health Care sector ETF (XLV) in its place.

EventXLVS&P 500
2025 US Tariff Shock
  % Loss-11.7%-18.8%
  % Gain to Breakeven13.3%23.1%
  Time to Breakeven142 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-13.8%-24.5%
  % Gain to Breakeven15.9%32.4%
  Time to Breakeven166 days427 days
2020 COVID-19 Crash
  % Loss-27.9%-33.7%
  % Gain to Breakeven38.8%50.9%
  Time to Breakeven77 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-15.0%-19.2%
  % Gain to Breakeven17.6%23.8%
  Time to Breakeven191 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-15.9%-12.2%
  % Gain to Breakeven18.9%13.9%
  Time to Breakeven165 days62 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-15.8%-17.9%
  % Gain to Breakeven18.8%21.8%
  Time to Breakeven153 days123 days

Compare to VRTX, ATYR, AVLN, CNXU, COAG

In The Past

State Street Health Care Select Sector SPDR ETF's stock fell -11.7% during the 2025 US Tariff Shock. Such a loss loss requires a 13.3% 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.

PBLS has limited trading history. Below is the Health Care sector ETF (XLV) in its place.

EventXLVS&P 500
2020 COVID-19 Crash
  % Loss-27.9%-33.7%
  % Gain to Breakeven38.8%50.9%
  Time to Breakeven77 days140 days
2008-2009 Global Financial Crisis
  % Loss-37.9%-53.4%
  % Gain to Breakeven61.1%114.4%
  Time to Breakeven767 days1085 days

Compare to VRTX, ATYR, AVLN, CNXU, COAG

In The Past

State Street Health Care Select Sector SPDR ETF's stock fell -11.7% during the 2025 US Tariff Shock. Such a loss loss requires a 13.3% 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 Parabilis Medicines (PBLS)

Parabilis Medicines (PBLS) is a clinical-stage biopharmaceutical company focused on developing transformative medicines for historically "undruggable" protein targets that drive human diseases, particularly cancers. The company utilizes its proprietary "Helicon" platform to engineer stabilized helical peptides. Helicons are a novel therapeutic modality designed to penetrate cells and precisely bind to flat intracellular protein surfaces, thereby addressing a significant limitation for conventional small molecule and antibody-based drugs which often cannot access these targets.

The company's lead product candidate is zolucatetide, a first-in-class therapy targeting the crucial b-catenin:TCF interaction, a central node in the Wnt/b-catenin cell signaling pathway that is hyperactivated in millions of cancer cases. Zolucatetide has shown promising clinical data in desmoid tumors, achieving tumor reductions in 100% of patients and a 74% objective response rate with a favorable tolerability profile. Parabilis plans to initiate a global registrational Phase 3 trial for zolucatetide in desmoid tumors in the first half of 2027. The company is also evaluating zolucatetide's potential across other indications, including Familial Adenomatous Polyposis (FAP), Hepatocellular Carcinoma (HCC), various rare Wnt/b-catenin-driven tumors, and Colorectal Cancer (CRC), positioning it as a pipeline-in-a-product.

Beyond zolucatetide, Parabilis is advancing a preclinical pipeline in prostate cancer, including an ERG degrader and an allosteric ARON degrader designed to overcome resistance mechanisms to existing therapies. The company also has discovery-stage programs, such as a b-catenin degrader, and is exploring additional therapeutic approaches through strategic collaborations, including a partnership with Regeneron focused on Antibody-Helicon Conjugates (AHCs). Parabilis aims to provide innovative solutions for patients with various cancers and other diseases where significant unmet needs persist due to previously inaccessible drug targets.

AI Analysis | Feedback

Parabilis Medicines is like Moderna for "undruggable" intracellular protein targets, pioneering a new class of helical peptide medicines (Helicons) that can access disease drivers beyond the reach of traditional drugs.

Parabilis Medicines is akin to Mirati Therapeutics but focused on cracking the historically intractable Wnt/β-catenin pathway with its novel 'Helicon' drug platform, similar to how Mirati targeted KRAS.

AI Analysis | Feedback

Parabilis Medicines (PBLS) major products are investigational drug candidates and its proprietary drug discovery platform:

  • Zolucatetide: A lead investigational Helicon therapy that inhibits the β-catenin:TCF interaction, currently in clinical trials for desmoid tumors, FAP, HCC, and CRC.
  • ERG degrader: A preclinical Helicon program designed to degrade the ERG protein, an oncogenic driver in prostate cancer.
  • ARON degrader: A preclinical Helicon program targeting the active state of the androgen receptor (ARON) for degradation in prostate cancer, aiming to overcome resistance to existing AR-targeted therapies.
  • β-catenin Degrader: A discovery-stage Helicon program exploring novel β-catenin targeting agents, including degraders, beyond the mechanism of zolucatetide.
  • Helicon Discovery Platform: A proprietary technology platform integrating AI and physics-based computational modeling with high-throughput peptide synthesis for discovering and developing Helicon therapeutics.
  • Antibody-Helicon Conjugates (AHCs): A collaborative program with Regeneron exploring a novel therapeutic approach that combines antibody targeting capabilities with Helicon payloads to modulate intracellular proteins.

AI Analysis | Feedback

Parabilis Medicines (PBLS) is a clinical-stage biopharmaceutical company focused on the research and development of novel therapeutic medicines. As such, the company does not currently have any approved products available for commercial sale to individuals or other companies.

Therefore, Parabilis Medicines does not have major commercial customers at this time. Its operations are primarily focused on preclinical and clinical development, with its lead product candidate, zolucatetide, expected to initiate a global registrational Phase 3 trial in desmoid tumors in the first half of 2027.

AI Analysis | Feedback

null

AI Analysis | Feedback

Mathai Mammen, M.D., Ph.D., Chairman, CEO and President

Mathai Mammen is a world-renowned innovator in drug discovery, development, and team and company building. He currently serves as Chairman, CEO, and President of Parabilis Medicines. Most recently, he was Global Head of R&D and a member of the Executive Committee at Johnson & Johnson, where he spearheaded a significant evolution of Janssen's R&D, one of the largest R&D organizations globally, securing global approvals for eight new medicines and overseeing over 40 acquisitions and licenses, and more than 350 strategic partnerships. Prior to Johnson & Johnson, he was Senior Vice President at Merck. He also co-founded Theravance, Inc. out of graduate school, leading R&D to five approved pharmaceutical products, and oversaw its separation into two companies: Theravance Biopharma, Inc. and Innoviva, Inc. In total, he has led the discovery/development of 18 approved medicines. Mathai serves on the boards of Sandoz, Xaira, Kelonia, and GBH, and is an advisor to General Atlantic and Foresite Capital.

Thomas Kotarakos, Chief Financial Officer

Thomas Kotarakos was promoted to Chief Financial Officer of Parabilis Medicines in April 2026, having joined the company in 2021 and serving in finance leadership positions of increasing responsibility. During his tenure at Parabilis, he has been instrumental in multiple private financings, including the company's $178 million Series D, $145 million Series E, and a recent $305 million Series F rounds. Before joining Parabilis, Mr. Kotarakos was Senior Vice President of Finance and Business Operations at Codiak BioSciences, where he oversaw finance, accounting, IT, and facilities, and supported public-company operations. He also held senior finance roles at Seres Therapeutics and contributed to preparing the company for a public offering.

Helen Ho, Ph.D., Chief Business and Strategy Officer

Helen Ho, Ph.D., joined Parabilis Medicines as Chief Business and Strategy Officer in April 2026. She brings over 20 years of extensive experience in biopharmaceutical strategy and corporate development. Most recently, Dr. Ho served as Chief Business Officer at Blueprint Medicines, where she played a key role in leading corporate development strategies and executing high-impact partnerships and transactions across various stages from research through commercialization. Her background includes a strong track record of helping biopharmaceutical companies grow from early innovation to late-stage development and commercialization.

Fawzi Benzaghou, M.D., Chief Medical Officer

Fawzi Benzaghou, M.D., joined Parabilis Medicines as Chief Medical Officer in 2025.

John McGee, Ph.D., Scientific Co-Founder and Executive Vice President, Head of Platform

John McGee, Ph.D., is a Scientific Co-Founder of Parabilis Medicines. In the early years of the company, he was responsible for leading the development of discovery technology platforms.

AI Analysis | Feedback

The key risks to Parabilis Medicines' business are:

  1. Clinical Development and Regulatory Approval Risk: As a clinical-stage biopharmaceutical company, Parabilis Medicines' success is heavily dependent on the successful outcome of its clinical trials and the subsequent regulatory approval of its product candidates. The company's lead product candidate, zolucatetide, is currently in ongoing Phase 1/2 clinical trials across multiple solid tumor indications, with a global registrational Phase 3 trial planned for desmoid tumors in the first half of 2027. The failure of zolucatetide or any other pipeline candidate in clinical trials, or the inability to obtain necessary regulatory approvals, would significantly jeopardize the company's future and commercial prospects.
  2. Novel Technology and Modality Risk: Parabilis Medicines' proprietary platform leverages Helicons, a novel therapeutic modality described as the "first-in-industry" approach designed to address historically undruggable protein targets. While this offers a significant opportunity, it also presents risks associated with a new and unproven technology. There is a lack of extensive long-term data on Helicons, and potential unforeseen challenges related to their development, manufacturing, safety, efficacy, or the establishment of clear regulatory pathways for this specific modality.
  3. Reliance on a Single Lead Product Candidate: Parabilis Medicines' pipeline is heavily centered around zolucatetide, which is positioned as the "pipeline-in-a-product" due to its potential across multiple tumor types. The company states that zolucatetide provides "clinical validation of our first-in-industry Helicon approach." While preclinical programs exist, a disproportionate amount of the company's near-term value and strategic focus is tied to the successful development and commercialization of zolucatetide. Any significant setback for zolucatetide could have a profound negative impact on the company's overall viability and valuation.

AI Analysis | Feedback

null

AI Analysis | Feedback

Parabilis Medicines' main product candidate, zolucatetide, addresses several oncology indications with the following addressable market sizes:

  • Desmoid Tumors: The estimated addressable market is approximately 11,000 patients in the United States. The market for desmoid tumor treatments was approximately $2.9 billion in 2024 and is forecast to reach $5.3 billion by 2033.
  • Familial Adenomatous Polyposis (FAP): This orphan disease impacts an estimated 34,000 people in the United States.
  • Hepatocellular Carcinoma (HCC): There are an estimated 38,000 new HCC cases annually in the United States and approximately 700,000–800,000 new cases worldwide.
  • Additional Rare Wnt/ß-catenin-driven Tumors: Wnt/β-catenin pathway alterations are present in over 10% of all cancers, encompassing more than 70 tumor types with APC or β-catenin mutations, affecting an estimated 1.8 million patients in the United States.
  • Colorectal Cancer (CRC): There are approximately two million new cases annually globally.

AI Analysis | Feedback

Here are the expected drivers of future revenue growth for Parabilis Medicines (PBLS) over the next 2-3 years:

  • Advancement of Zolucatetide in Desmoid Tumors: The planned initiation of a global registrational Phase 3 trial for zolucatetide in desmoid tumors in the first half of 2027 is a significant step towards potential market approval and subsequent revenue generation from this lead indication.

  • Expansion of Zolucatetide into Additional Tumor Indications: Parabilis Medicines is pursuing a "pipeline-in-a-product" strategy for zolucatetide, with ongoing clinical development and planned cohorts for Familial Adenomatous Polyposis (FAP) starting in the second half of 2026, Hepatocellular Carcinoma (HCC), additional rare Wnt/ß-catenin-driven tumors, and Colorectal Cancer (CRC). This broadens the future market opportunity for zolucatetide beyond desmoid tumors.

  • Progression of Preclinical Prostate Cancer Programs: The advancement of the ERG degrader and ARON degrader programs for prostate cancer into Investigational New Drug (IND)-enabling studies represents the growth of the company's future product pipeline and increases the potential for subsequent clinical development and commercialization of new Helicon-based therapies.

AI Analysis | Feedback

Share Issuance

  • Parabilis Medicines completed an initial public offering (IPO) on June 10, 2026, selling 33.5 million shares at $20.00 per share and raising gross proceeds of $670 million.
  • The company granted underwriters a 30-day option to purchase an additional 5.025 million shares at the IPO price.
  • Prior to its IPO, Parabilis Medicines (formerly FOG Pharmaceuticals, Inc.) raised significant private capital, including a $107 million Series C in 2021, a $178 million Series D in 2022, a $145 million Series E in 2024, and a $305 million Series F in January 2026.

Inbound Investments

  • Regeneron Pharmaceuticals agreed to invest approximately $75 million by purchasing 4,166,666 shares of Parabilis Medicines' common stock in a concurrent private placement at $18.00 per share, which is 90% of the IPO price.
  • Regeneron also provided a $50 million upfront payment as part of a strategic collaboration agreement.

Capital Expenditures

  • Parabilis Medicines plans to allocate $150 million of the IPO proceeds to the clinical development of zolucatetide for desmoid tumors.
  • An additional $120 million from the IPO proceeds is designated for the continued clinical development of zolucatetide in other indications, such as Familial Adenomatous Polyposis (FAP) and Hepatocellular Carcinoma (HCC).
  • Approximately $190 million of the IPO proceeds are intended to advance the company's preclinical pipeline, including ERG, ARON, and β-catenin degraders.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

PBLSVRTXAPMDCNSYOBXMedian
NameParabili.Vertex P.Apnimed Cerenome Obsidian. 
Mkt Price34.98496.0727.003.8327.5027.50
Mkt Cap-125.9---125.9
Rev LTM-12,587-0-6,294
Op Inc LTM-4,777--15-2,381
FCF LTM-3,796--11-1,892
FCF 3Y Avg-1,957--13-972
CFO LTM-4,293--11-2,141
CFO 3Y Avg-2,398--12-1,193

Growth & Margins

PBLSVRTXAPMDCNSYOBXMedian
NameParabili.Vertex P.Apnimed Cerenome Obsidian. 
Rev Chg LTM-10.2%---10.2%
Rev Chg 3Y Avg-9.8%---9.8%
Rev Chg Q-12.5%---12.5%
QoQ Delta Rev Chg LTM-3.0%---3.0%
Op Inc Chg LTM-2,497.9%--10.3%-1,243.8%
Op Inc Chg 3Y Avg-792.2%--12.2%-390.0%
Op Mgn LTM-37.9%---37.9%
Op Mgn 3Y Avg-23.9%---23.9%
QoQ Delta Op Mgn LTM--0.2%----0.2%
CFO/Rev LTM-34.1%---34.1%
CFO/Rev 3Y Avg-19.6%---19.6%
FCF/Rev LTM-30.2%---30.2%
FCF/Rev 3Y Avg-15.7%---15.7%

Valuation

PBLSVRTXAPMDCNSYOBXMedian
NameParabili.Vertex P.Apnimed Cerenome Obsidian. 
Mkt Cap-125.9---125.9
P/S-10.0---10.0
P/Op Inc-26.3---26.3
P/EBIT-25.0---25.0
P/E-28.6---28.6
P/CFO-29.3---29.3
Total Yield-3.5%---3.5%
Dividend Yield-0.0%---0.0%
FCF Yield 3Y Avg-1.6%---1.6%
D/E-0.0---0.0
Net D/E--0.0----0.0

Returns

PBLSVRTXAPMDCNSYOBXMedian
NameParabili.Vertex P.Apnimed Cerenome Obsidian. 
1M Rtn13.5%-0.5%8.0%-3.3%-19.1%-0.5%
3M Rtn10.7%15.4%8.0%-3.3%-19.1%8.0%
6M Rtn10.7%3.8%8.0%-3.3%-19.1%3.8%
12M Rtn10.7%32.1%8.0%-3.3%-19.1%8.0%
3Y Rtn10.7%44.0%8.0%-3.3%-19.1%8.0%
1M Excs Rtn12.4%-2.9%5.2%-6.1%-22.0%-2.9%
3M Excs Rtn5.0%11.0%2.3%-9.0%-24.8%2.3%
6M Excs Rtn-3.4%-6.0%-6.1%-17.4%-33.2%-6.1%
12M Excs Rtn-11.6%6.4%-14.3%-25.5%-41.4%-14.3%
3Y Excs Rtn-61.2%-33.5%-63.9%-75.2%-91.0%-63.9%

Comparison Analyses

null

Financials

Price Behavior

null
PBLS Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta0.411.26-0.03-0.350.540.58
Up Beta2.12-0.04-1.300.29-4.560.28
Down Beta-0.61-0.520.094.511.440.70
Up Capture198%-116%-72%-30%-13%-1%
Bmk +ve Days11223567138427
Stock +ve Days141818181818
Down Capture-155%-215%-185%-96%-64%-36%
Bmk -ve Days11212859114326
Stock -ve Days81717171717

[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 PBLS
PBLS10.7%73.9%1.17-
Sector ETF (XLV)28.7%15.5%1.4224.3%
Equity (SPY)23.3%12.8%1.36-17.1%
Gold (GLD)28.5%28.4%0.87-1.9%
Commodities (DBC)32.9%19.8%1.324.8%
Real Estate (VNQ)14.2%13.8%0.729.9%
Bitcoin (BTCUSD)-44.2%42.9%-1.235.1%

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 PBLS
PBLS2.1%73.9%1.17-
Sector ETF (XLV)6.2%15.0%0.2324.3%
Equity (SPY)13.5%17.2%0.61-17.1%
Gold (GLD)18.6%18.6%0.81-1.9%
Commodities (DBC)8.2%19.6%0.314.8%
Real Estate (VNQ)2.3%18.9%0.029.9%
Bitcoin (BTCUSD)8.8%53.0%0.355.1%

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 PBLS
PBLS1.0%73.9%1.17-
Sector ETF (XLV)10.1%16.6%0.4924.3%
Equity (SPY)15.4%17.9%0.73-17.1%
Gold (GLD)12.1%16.2%0.61-1.9%
Commodities (DBC)7.4%18.0%0.334.8%
Real Estate (VNQ)4.8%20.7%0.209.9%
Bitcoin (BTCUSD)58.2%66.2%0.985.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7152026
Short Interest: Shares Quantity4.0 Mil
Short Interest: % Change Since 630202642.8%
Average Daily Volume0.5 Mil
Days-to-Cover Short Interest8.3 days

Earnings Returns History

Updated 6/11/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/19/2026S-1
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/19/2026S-1

Insider Activity

Updated 7/22/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Ra, Capital Management, LPSee footnotesBuy722202629.7747,2501,406,632789,788,752Form
2Ra, Capital Management, LPSee footnotesBuy722202629.2565,9231,928,032774,524,518Form
3Ra, Capital Management, LPSee footnotesBuy722202627.28131,4203,584,887720,592,088Form
4Levy, GuySee footnoteBuy629202620.00500,00010,000,00020,540,000Form
5Ra, Capital Management, LPSee footnotesBuy615202620.0021,188,750423,775,000525,701,860Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Ra, Capital Management, LPSee footnotesBuy722202629.7747,2501,406,632789,788,752Form
2Ra, Capital Management, LPSee footnotesBuy722202629.2565,9231,928,032774,524,518Form
3Ra, Capital Management, LPSee footnotesBuy722202627.28131,4203,584,887720,592,088Form
4Levy, GuySee footnoteBuy629202620.00500,00010,000,00020,540,000Form
5Ra, Capital Management, LPSee footnotesBuy615202620.0021,188,750423,775,000525,701,860Form
6Sebulsky, Alan Apothecary Capital LLCBuy615202620.0012,500250,000250,000Form
Core Cache Last Updated: 8/7/2026