Sinda (SIND)
Market Price (9/9/2026): $16.48 | Market Cap: $2.2 BilSector: Materials | Industry: Precious Metals & Minerals
Sinda (SIND)
Market Price (9/9/2026): $16.48Market Cap: $2.2 BilSector: MaterialsIndustry: Precious Metals & Minerals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Weak multi-year price returns2Y Excs Rtn is -4.1%, 3Y Excs Rtn is -36% | Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -33 Mil 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 -5.9% Key risksSIND key risks include [1] significant development and financing challenges as a pre-production company with 96% of its resources in the lowest-confidence "inferred" category, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -4.1%, 3Y Excs Rtn is -36% |
| Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -33 Mil |
| 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 -5.9% |
| Key risksSIND key risks include [1] significant development and financing challenges as a pre-production company with 96% of its resources in the lowest-confidence "inferred" category, Show more. |
Qualitative Assessment
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Sinda (SIND) stock has gained about 35% since it went public on 6/26/2026 because of the following key factors:
1. Successful Capital Infusion and Strategic Partnership.
Sinda completed its Initial Public Offering (IPO) on June 26, 2026, pricing its shares at $12.00, and subsequently raised approximately $213 million in gross proceeds. This was further bolstered by the exercise of an overallotment option and a significant concurrent private placement. On July 27, 2026, Fresnillo plc, the world's largest silver miner, invested approximately $95.3 million by purchasing 7,939,544 shares at the IPO price. These transactions provided Sinda with a robust post-IPO liquidity position of $331.3 million, securing funding for two to three years of aggressive exploration and development.
2. Promising Exploration Results and Development Roadmap.
Sinda, an exploration-stage silver mining company, advanced its core projects by completing Phase 1 surface drilling totaling 60,810 meters in fiscal Q2 2026, which ended June 30, 2026. The company reported estimated mineral resources of approximately 369 million inferred silver-equivalent ounces and 16 million indicated silver-equivalent ounces, with additional exploration targets ranging from 452 million to 484 million silver-equivalent ounces. Management has outlined a clear development plan, including accelerating drilling to nearly 67,000 meters in the second half of 2026, targeting an updated mineral resource estimate by year-end 2026, and commencing construction of an underground exploration decline in the second half of 2026.
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Sinda (SIND) stock has gained about 35% since it went public on 6/26/2026 because of the following key factors:
1. Successful Capital Infusion and Strategic Partnership.
Sinda completed its Initial Public Offering (IPO) on June 26, 2026, pricing its shares at $12.00, and subsequently raised approximately $213 million in gross proceeds. This was further bolstered by the exercise of an overallotment option and a significant concurrent private placement. On July 27, 2026, Fresnillo plc, the world's largest silver miner, invested approximately $95.3 million by purchasing 7,939,544 shares at the IPO price. These transactions provided Sinda with a robust post-IPO liquidity position of $331.3 million, securing funding for two to three years of aggressive exploration and development.
2. Promising Exploration Results and Development Roadmap.
Sinda, an exploration-stage silver mining company, advanced its core projects by completing Phase 1 surface drilling totaling 60,810 meters in fiscal Q2 2026, which ended June 30, 2026. The company reported estimated mineral resources of approximately 369 million inferred silver-equivalent ounces and 16 million indicated silver-equivalent ounces, with additional exploration targets ranging from 452 million to 484 million silver-equivalent ounces. Management has outlined a clear development plan, including accelerating drilling to nearly 67,000 meters in the second half of 2026, targeting an updated mineral resource estimate by year-end 2026, and commencing construction of an underground exploration decline in the second half of 2026.
3. Favorable Analyst Coverage and Price Targets.
Following the expiration of Sinda's quiet period on August 5, 2026, several Wall Street analysts initiated coverage with positive ratings. Analysts from firms like Royal Bank of Canada, UBS Group, and BMO Capital Markets issued "Buy" or "Outperform" ratings and set price targets primarily ranging from $18.00 to $19.00 in July and August 2026. The consensus analyst rating for Sinda is "Buy" with an average price target of $18.83, representing a forecasted upside of 20.49% from the stock's price of $15.63 as of August 28, 2026.
4. Strong Market Tailwinds for Silver.
Sinda's IPO occurred amidst a strong market for silver. As of June 2026, spot silver prices had surged 84% over the preceding year, driven by robust industrial demand from sectors such as solar panels, electric vehicles, electronics, and AI-related infrastructure projects, alongside safe-haven demand. This sustained upward trend in silver prices provided a significant macroeconomic tailwind, increasing investor appeal for silver exploration and development companies like Sinda.
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
5/31/2026 to 9/8/2026| Return | Correlation | |
|---|---|---|
| SIND | ||
| Market (SPY) | 1.3% | 15.8% |
| Sector (XLB) | 1.5% | 23.4% |
Fundamental Drivers
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Market Drivers
2/28/2026 to 9/8/2026| Return | Correlation | |
|---|---|---|
| SIND | ||
| Market (SPY) | 12.0% | 15.8% |
| Sector (XLB) | -2.3% | 23.4% |
Fundamental Drivers
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Market Drivers
8/31/2025 to 9/8/2026| Return | Correlation | |
|---|---|---|
| SIND | ||
| Market (SPY) | 19.8% | 15.8% |
| Sector (XLB) | 14.2% | 23.4% |
Fundamental Drivers
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Market Drivers
8/31/2023 to 9/8/2026| Return | Correlation | |
|---|---|---|
| SIND | ||
| Market (SPY) | 76.1% | 15.8% |
| Sector (XLB) | 32.3% | 23.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SIND Return | - | - | - | - | - | 38% | 38% |
| Peers Return | -26% | -21% | -16% | 36% | 205% | 14% | 132% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 105% |
Monthly Win Rates [3] | |||||||
| SIND Win Rate | - | - | - | - | - | 75% | |
| Peers Win Rate | 32% | 47% | 45% | 48% | 68% | 51% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 56% | |
Max Drawdowns [4] | |||||||
| SIND Max Drawdown | - | - | - | - | - | - | |
| Peers Max Drawdown | -50% | -53% | -48% | -35% | -31% | -49% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PAAS, AG, HL, CDE, EXK.
[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 9/8/2026 (YTD)
How Low Can It Go
SIND has limited trading history. Below is the Materials sector ETF (XLB) in its place.
| Event | XLB | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -17.0% | -18.8% |
| % Gain to Breakeven | 20.5% | 23.1% |
| Time to Breakeven | 84 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -12.5% | -9.5% |
| % Gain to Breakeven | 14.3% | 10.5% |
| Time to Breakeven | 52 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -23.5% | -24.5% |
| % Gain to Breakeven | 30.7% | 32.4% |
| Time to Breakeven | 456 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -36.2% | -33.7% |
| % Gain to Breakeven | 56.8% | 50.9% |
| Time to Breakeven | 114 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -18.3% | -19.2% |
| % Gain to Breakeven | 22.4% | 23.8% |
| Time to Breakeven | 101 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -17.9% | -12.2% |
| % Gain to Breakeven | 21.7% | 13.9% |
| Time to Breakeven | 52 days | 62 days |
In The Past
State Street Materials Select Sector SPDR ETF's stock fell -17.0% during the 2025 US Tariff Shock. Such a loss loss requires a 20.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
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SIND has limited trading history. Below is the Materials sector ETF (XLB) in its place.
| Event | XLB | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -23.5% | -24.5% |
| % Gain to Breakeven | 30.7% | 32.4% |
| Time to Breakeven | 456 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -36.2% | -33.7% |
| % Gain to Breakeven | 56.8% | 50.9% |
| Time to Breakeven | 114 days | 140 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -23.8% | -6.8% |
| % Gain to Breakeven | 31.2% | 7.3% |
| Time to Breakeven | 171 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -28.2% | -17.9% |
| % Gain to Breakeven | 39.3% | 21.8% |
| Time to Breakeven | 459 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -56.6% | -53.4% |
| % Gain to Breakeven | 130.3% | 114.4% |
| Time to Breakeven | 701 days | 1085 days |
In The Past
State Street Materials Select Sector SPDR ETF's stock fell -17.0% during the 2025 US Tariff Shock. Such a loss loss requires a 20.5% 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 Sinda (SIND)
Sinda (SIND) is a mineral exploration and development company focused on a large-scale, high-grade silver-gold discovery in Mexico. The company holds exploration and exploitation rights on five contiguous mining concessions, collectively known as the Sinda Property, located in the historic Guanajuato epithermal silver belt. This key asset is strategically positioned approximately 35 kilometers from San Miguel de Allende, offering access to existing regional infrastructure and an established labor force to support its ongoing exploration and future mining activities.
The core business involves advancing the Sinda Property, which is primarily a silver asset, with the potential to become a globally significant mining operation. While its main product is silver, the discovery also includes gold. Sinda operates within Mexico, which is the world's leading silver mining jurisdiction, responsible for approximately 20% of global mined silver production. This favorable operational environment is further supported by recent policy shifts that have reignited investment and exploration in the country's mining sector.
Sinda serves the global market for precious metals, specifically catering to the demand for silver and, to a lesser extent, gold. For investors, the company offers exposure to a rare commodity type, as large primary silver assets account for only about 26% of global mined silver supply. The company benefits from operating in a niche where there is a scarcity of options for investors seeking dedicated primary silver exposure, particularly given recent consolidation among public silver mining companies.
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1. Sinda is like a future Fresnillo, focused on developing a major new primary silver discovery in Mexico.
2. Sinda is like a highly promising junior gold miner, but for a potentially world-class primary silver asset.
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- Silver: Sinda's primary product is silver, extracted from its high-grade mining concessions in Mexico.
- Gold: Sinda also explores for and exploits gold deposits found within its mining properties.
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Based on the provided company description, Sinda (SIND) is an exploration and development company focused on a large-scale, high-grade, silver-gold greenfield discovery in Mexico. The description details their mining concessions, the nature of the asset, and the potential for future operations, but does not indicate that the company is currently engaged in commercial production or sales of silver or gold.
Therefore, Sinda does not currently have major customers for its silver and gold products, as it is in the exploration and development phase and has not yet commenced production or sales.
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Daniel Muñiz Quintanilla, Executive Chairman
Daniel Muñiz Quintanilla has over 30 years of business experience in Mexico and 20 years in mining and natural resources, with senior executive and board experience. He has served as the Executive Chairman of Sinda since 2021. Previously, he was the Chief Financial Officer of Grupo Mexico from 2007 to 2014, and the Managing Director (CEO) of Industrial Minera Mexico (the underground mining division of Grupo Mexico) from 2010 to 2014. He was also the Managing Director (CEO) and Executive Vice Chair of Americas Mining, the holding company of Grupo Mexico's mining division, from 2014 to 2018. During his time at Grupo Mexico, he successfully raised over $11 billion in capital. He is a Founding Partner of Whetstone Resources and Axkan Capital Partners S.L. Muñiz Quintanilla has served on the boards of various companies, including Brookfield Infrastructure Partners L.P. and Brookfield Infrastructure Corporation, NOVAGOLD Resources, Southern Copper Corporation, Hudbay Minerals Inc., First Majestic Silver Corp., Gatos Silver, Inc. (acquired by First Majestic Silver Corp. in January 2025), and Sunshine Silver Mining & Refining Company. He also serves as a director of Tharsis Mining S.L., a private company focused on copper.
Luis Barreto, Chief Financial Officer
Luis Barreto is the Chief Financial Officer of Sinda. He previously served as a senior leader at Brookfield Infrastructure, where he gained extensive experience in global transactions and asset management. He holds an MBA from Columbia Business School.
Fabián Galindo, Country Manager
Fabián Galindo is the Country Manager for Sinda. His background includes serving as a senior executive at Grupo Mexico, where he was responsible for leading U.S. copper operations and strategic planning. He possesses a strong background in finance and mergers and acquisitions (M&A).
Jaime Cortés Álvarez, General Counsel and Secretary
Jaime Cortés Álvarez brings over 30 years of experience in M&A, capital markets, and corporate governance. He previously held positions as a partner at leading Mexican law firms.
Maria José Romero, Technical Services Lead
Maria José Romero has over 20 years of experience in exploration, project evaluation, and underground operations. She previously worked with prominent mining companies such as Coeur Mining and Industrias Peñoles.
AI Analysis | Feedback
The key risks for Sinda (SIND) are primarily associated with its status as an exploration-stage company developing a greenfield discovery, the complex operating environment in Mexico, and the inherent volatility of precious metal prices.
- Development and Resource Conversion Risk: Sinda is a pre-production, pre-revenue company with a "greenfield discovery," meaning no silver has yet been mined, processed, or sold. The company's financial statements reflect only costs, not returns, underscoring the significant development execution risk. A five-year timeline to production involves numerous phases, each carrying schedule and cost risks. A substantial portion of Sinda's resources (~96%) are classified as "inferred," which is the lowest-confidence resource category. Converting these inferred resources into a higher confidence category through further drilling is crucial for establishing a feasible mine plan and ultimately achieving economic viability. Furthermore, building a large-scale mine requires significant capital beyond its initial public offering, making future financings and potential shareholder dilution a relevant concern.
- Regulatory, Political, and Security Risks in Mexico: While the company notes "recent policy shifts in Mexico have reignited investment and exploration," the Mexican mining sector is exposed to substantial regulatory, political, and security challenges. Risks include legal uncertainty, potentially disruptive mining unions, and political interference from the national government. More critically, criminal organizations pose a significant security threat to mining operations in Mexico, with reports indicating that 97% of mining companies have experienced some form of crime, particularly in states like Guanajuato where Sinda is located. These security issues can lead to extortion, kidnappings of personnel, and temporary suspensions of operations. Additionally, a 2023 Mining Law reform in Mexico has introduced more demanding social and environmental requirements and increased the role of permits, with inconsistent application of regulations often leading to delays and uncertainty.
- Commodity Price Volatility: As a company focused on silver and gold, Sinda's future profitability and valuation are highly sensitive to the volatile prices of these precious metals. Silver, in particular, tends to exhibit higher volatility and greater price swings than gold, influenced by a combination of investment flows and industrial demand. Significant corrections or declines in gold and silver prices, driven by macroeconomic factors such as interest rates and currency movements, could adversely impact the economic feasibility of Sinda's project, especially as a pre-production entity.
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- Successful Advancement of Exploration and Development Programs: Sinda's primary driver for future revenue potential is the successful execution of its aggressive exploration and drilling program, along with the construction of an underground decline. These activities are crucial for delineating and de-risking the "large-scale, high-grade, silver-gold greenfield discovery" in Mexico and moving it closer to commercial production. Proceeds from the recent Initial Public Offering (IPO) are specifically allocated to fund these multi-year programs and technical studies.
- Conversion and Expansion of Mineral Resources to Reserves: Sinda currently has estimated Indicated and Inferred Mineral Resources of silver-equivalent ounces, with significant exploration upside identified. A key driver will be the successful conversion of these resources into higher confidence categories, specifically proven and probable reserves. This process, driven by ongoing drilling and technical studies, is essential to confirm the economic viability and scale of a future mining operation, which will directly impact potential revenue once production commences.
- Favorable Silver and Gold Commodity Prices: As a company focused on a primary silver and gold asset, the prevailing market prices for these precious metals will be a critical external driver of future revenue. Higher prices would enhance the economic attractiveness of the Sinda Property, support investment decisions, and ultimately increase the revenue generated per ounce once mining operations begin. Recent reports indicate "strong pricing tailwinds" for silver, which could provide a positive backdrop for Sinda's development plans.
- Continued Strategic Financing and Partnerships: Sinda recently completed its IPO and secured investments from major mining entities like Fresnillo plc and Franco-Nevada. While initial funding is in place to advance the project, the capital-intensive nature of mine development means that continued access to financing and maintaining strong strategic partnerships will be crucial. This ensures the company can sustain its exploration and development activities through to the production phase, indirectly driving future revenue by enabling the project's progression.
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Share Issuance
- Sinda priced its initial public offering (IPO) in June 2026, offering 17,750,000 shares of common stock at a price of $12.00 per share.
- The underwriters were granted a 30-day option to purchase an additional 2,662,500 shares of common stock.
- The net proceeds from the IPO and a concurrent private placement are estimated to be $293.4 million, potentially increasing to $325.7 million if the underwriters fully exercise their option.
Inbound Investments
- Fresnillo plc, a primary silver producer, is subscribing for up to 5% of Sinda's outstanding shares through a private placement.
- Franco-Nevada, a global gold-focused royalty and streaming company, participated as an anchor investor in the IPO with a $10 million order.
- The company is backed by experienced mining investors, including The Electrum Group.
Capital Expenditures
- Approximately $163.4 million of the IPO proceeds are planned for exploration and underground development.
- An additional $37.6 million from the IPO proceeds is allocated for ongoing project costs.
- These funds are intended to finance surface and underground drilling, technical studies, and related development activities for the Sinda Property.
Peer Outperformance in Precious Metals & Minerals
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Copper | 7 | 106.4% | 103.0% | 327.2% | COPR 1093% · HBM 397% · TGB 376% |
| Silver | 6 | 135.6% | 367.9% | 173.1% | AYA 268% · HL 242% · SVM 207% |
| Gold | 34 | 34.3% | 206.6% | 152.4% | IAG 798% · CNL 604% · OGC 491% |
| Steel | 13 | 27.7% | 58.3% | 145.3% | AMR 360% · HCC 354% · NWPX 318% |
| Aluminum | 3 | 120.7% | 153.3% | 65.9% | CENX 285% · KALU 66% · AA 15% |
| Construction Materials | 7 | -18.7% | 21.8% | 48.4% | USLM 333% · CRH 89% · VMC 53% |
| Diversified Metals & Mining | 24 | -5.7% | -7.2% | 37.5% | ATLX 232043% · USAR 59162% · TII 796% |
| Metal, Glass & Plastic Containers | 11 | -8.7% | 3.2% | 3.2% | KRT 168% · MYE 73% · GEF 52% |
| Paper & Plastic Packaging Products & Materials | 7 | 6.9% | 13.0% | -6.1% | PKG 77% · CCK 12% · SON -5% |
| Specialty Chemicals | 41 | 8.5% | 1.8% | -11.8% | ODC 460% · NEU 181% · ESI 78% |
| Commodity Chemicals | 12 | 23.0% | -13.4% | -22.4% | HWKN 278% · LXU 81% · MEOH 67% |
| Precious Metals & Minerals ← | 8 | 42.2% | 191.8% | -25.2% | ASM 644% · PPTA 385% · MTA 40% |
| Diversified Chemicals | 4 | -0.7% | -26.0% | -28.3% | CBT 72% · ASH -14% · CC -42% |
| Fertilizers & Agricultural Chemicals | 10 | -2.4% | -0.2% | -30.2% | CF 229% · CTVA 108% · NTR 53% |
| Paper Products | 3 | -18.5% | -52.2% | -96.0% | CLW -40% · ITP -96% · MERC -96% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 20.56 |
| Mkt Cap | 12.0 |
| Rev LTM | 1,626 |
| Op Inc LTM | 739 |
| FCF LTM | 549 |
| FCF 3Y Avg | 222 |
| CFO LTM | 780 |
| CFO 3Y Avg | 388 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 98.5% |
| Rev Chg 3Y Avg | 47.9% |
| Rev Chg Q | 56.5% |
| QoQ Delta Rev Chg LTM | 10.0% |
| Op Inc Chg LTM | 254.2% |
| Op Inc Chg 3Y Avg | 364.3% |
| Op Mgn LTM | 39.2% |
| Op Mgn 3Y Avg | 22.1% |
| QoQ Delta Op Mgn LTM | 2.3% |
| CFO/Rev LTM | 45.8% |
| CFO/Rev 3Y Avg | 30.0% |
| FCF/Rev LTM | 30.2% |
| FCF/Rev 3Y Avg | 9.9% |
Price Behavior
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.86 | 1.05 | -0.97 | 2.08 | 0.19 | 0.10 |
| Up Beta | -1.24 | 2.21 | -0.76 | 2.72 | -1.03 | 0.85 |
| Down Beta | 13.44 | 2.07 | 1.63 | -2.76 | -2.44 | 2.36 |
| Up Capture | 209% | 133% | 77% | 29% | 13% | 1% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 11 | 21 | 21 | 21 | 21 | 21 |
| Down Capture | -195% | -105% | -56% | -33% | -20% | -11% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 10 | 20 | 20 | 20 | 20 | 20 |
[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 SIND | |
|---|---|---|---|---|
| SIND | 34.8% | 72.3% | 2.37 | - |
| Sector ETF (XLB) | 14.7% | 17.9% | 0.61 | 23.4% |
| Equity (SPY) | 19.4% | 12.8% | 1.11 | 15.8% |
| Gold (GLD) | 20.8% | 29.2% | 0.65 | 59.6% |
| Commodities (DBC) | 45.0% | 20.4% | 1.72 | 11.9% |
| Real Estate (VNQ) | 7.8% | 13.6% | 0.30 | 3.1% |
| Bitcoin (BTCUSD) | -28.1% | 43.9% | -0.63 | 19.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SIND | |
|---|---|---|---|---|
| SIND | 6.1% | 72.3% | 2.37 | - |
| Sector ETF (XLB) | 5.9% | 19.1% | 0.20 | 23.4% |
| Equity (SPY) | 12.6% | 17.2% | 0.56 | 15.8% |
| Gold (GLD) | 18.8% | 18.8% | 0.81 | 59.6% |
| Commodities (DBC) | 10.6% | 19.5% | 0.42 | 11.9% |
| Real Estate (VNQ) | 1.5% | 18.9% | -0.03 | 3.1% |
| Bitcoin (BTCUSD) | 11.1% | 52.6% | 0.39 | 19.7% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SIND | |
|---|---|---|---|---|
| SIND | 3.0% | 72.3% | 2.37 | - |
| Sector ETF (XLB) | 10.0% | 20.7% | 0.43 | 23.4% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 15.8% |
| Gold (GLD) | 12.2% | 16.3% | 0.61 | 59.6% |
| Commodities (DBC) | 7.9% | 18.1% | 0.36 | 11.9% |
| Real Estate (VNQ) | 4.9% | 20.7% | 0.20 | 3.1% |
| Bitcoin (BTCUSD) | 63.6% | 66.2% | 1.03 | 19.7% |
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Earnings Returns History
Updated 8/25/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/14/2026 | -2.5% | -6.8% | |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 1 | 1 | 0 |
| Median Positive | |||
| Median Negative | -2.5% | -6.8% | |
| Max Positive | |||
| Max Negative | -2.5% | -6.8% | |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/14/2026 | -2.5% | -6.8% | |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 1 | 1 | 0 |
| Median Positive | |||
| Median Negative | -2.5% | -6.8% | |
| Max Positive | |||
| Max Negative | -2.5% | -6.8% | |
External Quote Links
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| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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