Signing Day Sports (SGN)
Market Price (3/15/2026): $0.58 | Market Cap: $2.3 MilSector: Information Technology | Industry: Application Software
Signing Day Sports (SGN)
Market Price (3/15/2026): $0.58Market Cap: $2.3 MilSector: Information TechnologyIndustry: Application Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -54% | Weak multi-year price returns2Y Excs Rtn is -129%, 3Y Excs Rtn is -169% | Penny stockMkt Price is 0.7 |
| Megatrend and thematic driversMegatrends include Digital Sports Recruitment. Themes include Athlete Profile & Showcase Platforms, Sports Talent Identification, and Digital Athletics Content. | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -6.3 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1732% | |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -36%, Rev Chg QQuarterly Revenue Change % is -45% | ||
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 207% | ||
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -1017%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1017% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -225% | ||
| High stock price volatilityVol 12M is 278% | ||
| Significant short interestShort 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 103% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -54% |
| Megatrend and thematic driversMegatrends include Digital Sports Recruitment. Themes include Athlete Profile & Showcase Platforms, Sports Talent Identification, and Digital Athletics Content. |
| Weak multi-year price returns2Y Excs Rtn is -129%, 3Y Excs Rtn is -169% |
| Penny stockMkt Price is 0.7 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -6.3 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1732% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -36%, Rev Chg QQuarterly Revenue Change % is -45% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 207% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -1017%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1017% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -225% |
| High stock price volatilityVol 12M is 278% |
| Significant short interestShort 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 103% |
Qualitative Assessment
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Signing Day Sports (SGN) stock has lost about 45% since 11/30/2025 because of the following key factors:
1. Persistent Operating Losses and Declining Revenue in Core Business. The company has consistently reported significant net losses and a decrease in revenue from its original sports technology operations. For the quarter ending September 30, 2025 (Q3 2025), Signing Day Sports reported a net loss of approximately $566,400, while revenue stood at only about $31,000, which was a decline from $55,000 in the prior-year period. Similarly, for the second quarter of 2025, the net loss was approximately $1.4 million on revenues of about $67,000, a decrease from $205,000 in revenue in Q2 2024. This ongoing inability to achieve profitability and generate substantial revenue in its previous business model has likely contributed to the stock's downward trend.
2. Share Dilution from a Recent Public Offering. In January 2026, Signing Day Sports completed a public offering that raised $5.6 million. This capital raise typically involves issuing new shares, which increases the total number of outstanding shares and can dilute the value of existing shareholders' stakes, thereby exerting downward pressure on the stock price.
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1. Persistent Operating Losses and Declining Revenue in Core Business. The company has consistently reported significant net losses and a decrease in revenue from its original sports technology operations. For the quarter ending September 30, 2025 (Q3 2025), Signing Day Sports reported a net loss of approximately $566,400, while revenue stood at only about $31,000, which was a decline from $55,000 in the prior-year period. Similarly, for the second quarter of 2025, the net loss was approximately $1.4 million on revenues of about $67,000, a decrease from $205,000 in revenue in Q2 2024. This ongoing inability to achieve profitability and generate substantial revenue in its previous business model has likely contributed to the stock's downward trend.
2. Share Dilution from a Recent Public Offering. In January 2026, Signing Day Sports completed a public offering that raised $5.6 million. This capital raise typically involves issuing new shares, which increases the total number of outstanding shares and can dilute the value of existing shareholders' stakes, thereby exerting downward pressure on the stock price.
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Stock Movement Drivers
Fundamental Drivers
The -45.4% change in SGN stock from 11/30/2025 to 3/14/2026 was primarily driven by a -45.4% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 3142026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.28 | 0.70 | -45.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | 13.7 | 7.5 | -45.4% |
| Shares Outstanding (Mil) | 4 | 4 | 0.0% |
| Cumulative Contribution | -45.4% |
Market Drivers
11/30/2025 to 3/14/2026| Return | Correlation | |
|---|---|---|
| SGN | -45.4% | |
| Market (SPY) | -3.1% | -19.5% |
| Sector (XLK) | -4.4% | -11.6% |
Fundamental Drivers
The -57.6% change in SGN stock from 8/31/2025 to 3/14/2026 was primarily driven by a -49.4% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 3142026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.65 | 0.70 | -57.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | -6.3% |
| P/S Multiple | 14.8 | 7.5 | -49.4% |
| Shares Outstanding (Mil) | 4 | 4 | -10.6% |
| Cumulative Contribution | -57.6% |
Market Drivers
8/31/2025 to 3/14/2026| Return | Correlation | |
|---|---|---|
| SGN | -57.6% | |
| Market (SPY) | 3.0% | -7.1% |
| Sector (XLK) | 4.4% | -5.2% |
Fundamental Drivers
The -45.4% change in SGN stock from 2/28/2025 to 3/14/2026 was primarily driven by a -90.7% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 2282025 | 3142026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.28 | 0.70 | -45.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1 | 0 | -36.5% |
| P/S Multiple | 0.8 | 7.5 | 825.0% |
| Shares Outstanding (Mil) | 0 | 4 | -90.7% |
| Cumulative Contribution | -45.4% |
Market Drivers
2/28/2025 to 3/14/2026| Return | Correlation | |
|---|---|---|
| SGN | -45.4% | |
| Market (SPY) | 12.4% | 10.6% |
| Sector (XLK) | 21.9% | 9.9% |
Fundamental Drivers
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Market Drivers
2/28/2023 to 3/14/2026| Return | Correlation | |
|---|---|---|
| SGN | ||
| Market (SPY) | 73.4% | 11.0% |
| Sector (XLK) | 104.5% | 10.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SGN Return | - | - | -41% | -95% | -64% | -24% | -99% |
| Peers Return | -31% | -45% | 80% | -5% | 8% | -27% | -49% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -1% | 80% |
Monthly Win Rates [3] | |||||||
| SGN Win Rate | - | - | 0% | 17% | 42% | 67% | |
| Peers Win Rate | 40% | 38% | 57% | 48% | 57% | 20% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| SGN Max Drawdown | - | - | -66% | -95% | -81% | -86% | |
| Peers Max Drawdown | -45% | -58% | -24% | -38% | -28% | -37% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -2% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: GENI, DKNG, FUBO, CHGG, LRN.
[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 3/13/2026 (YTD)
How Low Can It Go
SGN has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -34.0% | -25.4% |
| % Gain to Breakeven | 51.6% | 34.1% |
| Time to Breakeven | 278 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -31.5% | -33.9% |
| % Gain to Breakeven | 46.0% | 51.3% |
| Time to Breakeven | 79 days | 148 days |
| 2018 Correction | ||
| % Loss | -24.1% | -19.8% |
| % Gain to Breakeven | 31.8% | 24.7% |
| Time to Breakeven | 105 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -53.6% | -56.8% |
| % Gain to Breakeven | 115.3% | 131.3% |
| Time to Breakeven | 1,183 days | 1,480 days |
Compare to GENI, DKNG, FUBO, CHGG, LRN
In The Past
SPDR Select Sector Fund's stock fell -34.0% during the 2022 Inflation Shock from a high on 12/27/2021. A -34.0% loss requires a 51.6% gain to breakeven.
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About Signing Day Sports (SGN)
We are a technology company developing and operating platforms aiming to give significantly more student-athletes the opportunity to go to college and continue playing sports. Our platform, Signing Day Sports, is a digital ecosystem to help athletes get discovered and recruited by coaches and recruiters across the country. We fully support football, baseball, softball, and men’s and women’s soccer, and we plan to expand the Signing Day Sports platform to include additional sports. Each sport is led by former professional athletes and coaches who know what it takes to get to the big leagues. Signing Day Sports launched in 2019, and as of June 2023, many high schools, sports clubs, and aspiring high school athletes have subscribed to the Signing Day Sports platform. Colleges in the National Collegiate Athletic Association (NCAA) Division I, Division II, and Division III, and the National Association of Intercollegiate Athletics (NAIA), have utilized our platform for recruitment purposes. Signing Day Sports initially supported football athletes, and now also offers a platform for baseball, softball, and men’s and women’s soccer, resulting in even more recruiter and athlete platform participants. We founded Signing Day Sports to reinvent the high school and college sports recruiting process for the digital era. When we started the Company, recruiting was still being done largely as it had been done since before the mass availability of Internet-connected devices and was still limited by that model. We believe that we identified the flaws in the recruiting process and the unique opportunity it presented for us to become a solution provider in the industry. We developed and operated our platform with the objective of optimizing and enhancing the sports recruitment process across all sizes of colleges and athletic departments. Our ability to leverage modern technologies to bring coaches and athletes together in a mutually beneficial ecosystem has shown significant benefits for both sides of the student-athlete recruitment process. Parents and athletes can use the platform to understand and provide what recruiters want to see, seek and gain offers of better athletic scholarships or other financial aid packages, and maximize the potential of an athlete’s career. Recruiters now have a comprehensive recruitment application that shows video verification of key attribute data and gives the recruiter the ability to narrow down their search with a highly optimized search engine and athlete screening process. In short, we offer a comprehensive solution that services the needs of all participants in the sports recruitment process. We are aware of no other platform that offers what our platform does. Our goal is to change the way sports recruitment is done for the betterment of everyone. Our principal executive offices are located at 8355 East Hartford Rd., Suite 100, Scottsdale, AZ.
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- Signing Day Sports Platform (Athlete Services): A digital ecosystem providing student-athletes with tools to create profiles, upload verified video, and connect with college coaches to manage their recruitment process.
- Signing Day Sports Platform (Recruiter Services): A comprehensive application that enables college coaches and recruiters to efficiently search, screen, and evaluate student-athletes through verified data and video for recruitment purposes.
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Signing Day Sports (SGN) sells its platform and services to multiple categories of customers within the sports recruitment ecosystem. Based on the provided description, the company serves the following primary customer categories:
- Aspiring High School Athletes and their Parents: These individuals subscribe to the Signing Day Sports platform to create profiles, upload verified videos of their attributes, and enhance their discoverability by college coaches and recruiters. The platform helps them understand recruiter needs, seek scholarship offers, and maximize their athletic career potential.
- Colleges and Universities: Institutions across NCAA Division I, Division II, Division III, and NAIA utilize the platform for recruitment purposes. This includes college coaches and recruiters who leverage the platform's comprehensive application, video verification, and optimized search engine to identify and screen potential student-athletes.
- High Schools and Sports Clubs: These organizations subscribe to the platform, likely to support their student-athletes in the recruitment process and benefit from the digital tools offered by Signing Day Sports.
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Daniel D. Nelson, Chief Executive Officer & Chairman of the Board
Mr. Nelson has served as Chief Executive Officer of Signing Day Sports, Inc. since November 2022 and Chairman of the Board since March 2023. He has been a member of the board of directors since July 2022 and was President from August 2022 to November 2022. Mr. Nelson began his career in the financial services industry in 1986. In 1997, he founded Nelson Financial Services Inc., where he has since served as Chief Executive Officer, focusing on the employee benefits market. He also established Nelson Financial Services to provide financial guidance to individuals.
Damon Rich, Chief Financial Officer
Mr. Rich was appointed Chief Financial Officer of Signing Day Sports, Inc. in February 2025, having previously served as Interim Chief Financial Officer since April 2023. Concurrently, he has been the Chief Financial Officer of Nelson Financial Services Inc. since February 2019. Before this, Mr. Rich held roles as Accounting Manager – General Ledger/Financial Reporting at Safeway, Inc. from July 2011 to February 2019, and as Accounting Manager – Warehouse Payables at Safeway, Inc. from July 2005 to July 2011. His earlier experience includes serving as Controller of North Phoenix Baptist Church from February 1999 to May 2001.
Jeffry Hecklinski, President & Director
Mr. Hecklinski has served as President and a member of the board of directors of Signing Day Sports, Inc. since April 2024, and as General Manager from March 2023 to April 2024. Prior to joining the company, he worked as a consultant in the college sports industry from November 2022 to February 2023. Mr. Hecklinski has an extensive background in collegiate football coaching, serving as an Assistant Football Coach at various universities, including San Diego State University (January 2022 to October 2022), University of Kansas (December 2018 to December 2019), Indiana State University (December 2016 to December 2018), University of Illinois Urbana-Champaign (2016), Colorado State University Pueblo (2015), and the University of Michigan (2011 to 2014).
Craig Smith, Chief Operating Officer & Secretary
Mr. Smith holds the position of Chief Operating Officer and Secretary at Signing Day Sports, Inc. In this role, he is responsible for overseeing the company's operational framework and strategic execution, with a focus on enhancing efficiency and streamlining processes.
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The addressable market for Signing Day Sports (SGN), a digital platform connecting student-athletes with college coaches and recruiters, can be sized across several key metrics within the United States and North America.
U.S. High School Athletes in Covered Sports (2024-2025 School Year)
The primary user base for Signing Day Sports includes high school athletes aiming for collegiate sports careers. The addressable market in terms of high school participants in the sports currently supported by the platform is as follows:
- 11-Player Football (Boys): Approximately 1,031,039 participants.
- Baseball (Boys): Approximately 472,598 participants.
- Soccer (Boys): Approximately 484,908 participants.
- Fast-Pitch Softball (Girls): Approximately 331,306 participants.
- Soccer (Girls): Approximately 393,048 participants.
This totals approximately 2,712,899 high school athletes across these five sports in the U.S. for the 2024-2025 school year.
U.S. Collegiate Institutions and Student-Athletes
Signing Day Sports also targets college coaches and recruiters from NCAA and NAIA institutions. The addressable market in this segment includes:
- NCAA Institutions: Over 1,100 member schools across Divisions I, II, and III, serving close to 500,000 student-athletes.
- NAIA Institutions: Over 250 member schools, with more than 77,000 student-athletes.
Combined, there are over 1,350 NCAA and NAIA institutions in the U.S., engaging approximately 577,000 student-athletes.
North American Athlete Recruitment Platform Market
From a broader industry perspective, the market for athlete recruitment platforms, which directly aligns with Signing Day Sports' offerings, provides an additional measure of market size:
- The North American Athlete Recruitment Platform market was approximately USD 540 million in 2024. This market is projected to grow as part of the global Athlete Recruitment Platform market, which is expected to reach an estimated USD 4.17 billion by 2033.
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The public company Signing Day Sports (SGN) is undergoing a significant strategic transformation, with expected future revenue growth drivers primarily stemming from a major business combination that reorients its core operations. Here are 3-5 expected drivers of future revenue growth for Signing Day Sports (SGN) over the next 2-3 years:- Strategic Merger and Expansion into AI and High-Performance Computing (HPC) Infrastructure: The most substantial driver of future revenue growth is the strategic merger of Signing Day Sports with One Blockchain and related entities, establishing BlockchAIn Inc.. This combination is expected to be completed by March 2026, with the new entity's shares anticipated to trade under the ticker "AIB" on the NYSE American. The merged company will pivot to leveraging data center assets for advancements in artificial intelligence and high-performance computing, transforming strategically placed energy resources into scalable AI and HPC setups. This new core business is projected to be a significant revenue generator, with BlockchAIn LLC having generated approximately $22.9 million in revenue and $5.7 million in net income in 2024 prior to the combination.
- Growth in the AI Infrastructure Market: The shift towards AI and HPC positions the company to capitalize on the increasing global demand for AI and high-performance computing resources. The strategy involves developing scalable solutions to meet the surging enterprise and cloud demands for AI computation, which is a rapidly expanding market.
- Enhanced Performance and Innovation for the Sports Recruitment Platform: While the core business focus is shifting, the original Signing Day Sports recruitment platform is expected to benefit from the digital infrastructure provided by BlockchAIn. The company anticipates better platform performance, expanded flexibility, and increased support for future innovations for its recruiting ecosystem. This could lead to continued growth and enhanced monetization opportunities within the sports recruitment segment, leveraging the new technological capabilities.
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Share Issuance
- Signing Day Sports announced a public offering on January 13, 2026, of 9,483,500 shares of common stock with accompanying warrants, expected to raise approximately $5.6 million in gross proceeds.
- In January 2026, a follow-on equity offering was completed for approximately $14.0 million, and a separate follow-on equity offering filing was made for $7.0 million.
- As of January 20, 2026, the company had 29,225,556 shares outstanding, and stockholders approved a share issuance proposal related to the business combination with BlockchAIn Digital Infrastructure, Inc. on March 13, 2026.
Inbound Investments
- Signing Day Sports is undergoing a business combination with BlockchAIn Digital Infrastructure, Inc. and One Blockchain LLC, an all-equity transaction initially valued at approximately $215 million, with closing expected on March 16, 2026.
- The company expected to receive $10 million in funding from Helena Global Investment Opportunities 1 Ltd. as announced on July 22, 2025.
- Signing Day Sports received $0.15 million in funding from Dear Cashmere Holding Company.
Capital Expenditures
- For the last twelve months ending prior to March 12, 2026, capital expenditures for Signing Day Sports were approximately $11,011.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Signing Day Sports Earnings Notes | 12/16/2025 | |
| Would You Still Hold Signing Day Sports Stock If It Fell Another 30%? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
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| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
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| 02282026 | BMI | Badger Meter | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 02282026 | VRNS | Varonis Systems | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 02272026 | ITRI | Itron | 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 | 0.0% | 0.0% | 0.0% |
| 02272026 | FSLR | First Solar | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02272026 | PEGA | Pegasystems | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 3.26 |
| Mkt Cap | 0.9 |
| Rev LTM | 1,562 |
| Op Inc LTM | -44 |
| FCF LTM | 1 |
| FCF 3Y Avg | 31 |
| CFO LTM | 50 |
| CFO 3Y Avg | 80 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 20.9% |
| Rev Chg 3Y Avg | 23.8% |
| Rev Chg Q | 22.9% |
| QoQ Delta Rev Chg LTM | 5.0% |
| Op Mgn LTM | -12.0% |
| Op Mgn 3Y Avg | -14.1% |
| QoQ Delta Op Mgn LTM | 1.6% |
| CFO/Rev LTM | 7.0% |
| CFO/Rev 3Y Avg | 6.0% |
| FCF/Rev LTM | -1.2% |
| FCF/Rev 3Y Avg | -1.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.9 |
| P/S | 1.8 |
| P/EBIT | 1.1 |
| P/E | 1.1 |
| P/CFO | 9.4 |
| Total Yield | -4.3% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -0.3% |
| D/E | 0.2 |
| Net D/E | -0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.3% |
| 3M Rtn | -39.4% |
| 6M Rtn | -60.2% |
| 12M Rtn | -31.1% |
| 3Y Rtn | 8.5% |
| 1M Excs Rtn | -1.1% |
| 3M Excs Rtn | -40.9% |
| 6M Excs Rtn | -63.9% |
| 12M Excs Rtn | -54.4% |
| 3Y Excs Rtn | -80.8% |
Price Behavior
Price Behavior
| Market Price | $0.70 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 11/14/2023 | |
| Distance from 52W High | -72.5% | |
| 50 Days | 200 Days | |
| DMA Price | $0.41 | $1.21 |
| DMA Trend | down | down |
| Distance from DMA | 72.0% | -42.3% |
| 3M | 1YR | |
| Volatility | 350.4% | 279.5% |
| Downside Capture | 204.50 | 169.55 |
| Upside Capture | -94.32 | 121.37 |
| Correlation (SPY) | -21.2% | 10.6% |
SGN Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -4.99 | -10.01 | -7.29 | -1.68 | 1.44 | -0.24 |
| Up Beta | -13.25 | -13.58 | -11.52 | -3.35 | 3.23 | -0.15 |
| Down Beta | -15.21 | -29.39 | -23.07 | -7.33 | -0.04 | 2.75 |
| Up Capture | 1021% | -184% | -95% | -4% | 49% | -4% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 10 | 18 | 25 | 51 | 104 | 235 |
| Down Capture | -1435% | 315% | 357% | 252% | 145% | 112% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 11 | 23 | 35 | 70 | 142 | 328 |
[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 SGN | |
|---|---|---|---|---|
| SGN | -9.2% | 279.0% | 1.03 | - |
| Sector ETF (XLK) | 30.0% | 26.8% | 0.95 | 10.0% |
| Equity (SPY) | 19.6% | 18.9% | 0.81 | 10.5% |
| Gold (GLD) | 71.9% | 26.3% | 2.05 | 0.7% |
| Commodities (DBC) | 19.3% | 17.3% | 0.89 | 3.6% |
| Real Estate (VNQ) | 6.2% | 16.3% | 0.19 | 8.8% |
| Bitcoin (BTCUSD) | -15.3% | 44.2% | -0.25 | -4.1% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SGN | |
|---|---|---|---|---|
| SGN | -62.4% | 309.7% | 0.26 | - |
| Sector ETF (XLK) | 17.7% | 24.7% | 0.64 | 10.8% |
| Equity (SPY) | 13.1% | 17.0% | 0.61 | 11.0% |
| Gold (GLD) | 24.1% | 17.3% | 1.14 | 2.2% |
| Commodities (DBC) | 11.2% | 19.0% | 0.47 | 5.5% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 3.2% |
| Bitcoin (BTCUSD) | 6.3% | 56.7% | 0.33 | 2.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SGN | |
|---|---|---|---|---|
| SGN | -38.7% | 309.7% | 0.26 | - |
| Sector ETF (XLK) | 21.8% | 24.2% | 0.82 | 10.8% |
| Equity (SPY) | 14.5% | 17.9% | 0.70 | 11.0% |
| Gold (GLD) | 14.4% | 15.6% | 0.77 | 2.2% |
| Commodities (DBC) | 8.6% | 17.6% | 0.40 | 5.5% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 3.2% |
| Bitcoin (BTCUSD) | 67.4% | 66.8% | 1.07 | 2.6% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/12/2025 | -6.5% | -13.5% | -19.4% |
| 8/12/2025 | -8.0% | -6.2% | 22.8% |
| 4/11/2025 | -6.8% | -37.9% | -15.8% |
| 11/15/2024 | -11.5% | -34.3% | -65.0% |
| 8/20/2024 | -2.0% | 27.2% | -42.3% |
| 5/16/2024 | -10.5% | -2.1% | -9.5% |
| SUMMARY STATS | |||
| # Positive | 0 | 1 | 1 |
| # Negative | 6 | 5 | 5 |
| Median Positive | 27.2% | 22.8% | |
| Median Negative | -7.4% | -13.5% | -19.4% |
| Max Positive | 27.2% | 22.8% | |
| Max Negative | -11.5% | -37.9% | -65.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-Q |
| 12/31/2024 | 04/11/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/19/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 03/29/2024 | 10-K |
| 09/30/2023 | 12/28/2023 | 10-Q |
| 06/30/2023 | 08/31/2023 | S-1/A |
| 03/31/2023 | 06/30/2023 | S-1/A |
| 12/31/2022 | 05/15/2023 | S-1 |
| 09/30/2022 | 12/29/2023 | 10-Q/A |
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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