SoundThinking (SSTI)
Market Price (2/3/2026): $7.03 | Market Cap: $89.7 MilSector: Information Technology | Industry: Application Software
SoundThinking (SSTI)
Market Price (2/3/2026): $7.03Market Cap: $89.7 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 -41% | Weak multi-year price returns2Y Excs Rtn is -108%, 3Y Excs Rtn is -153% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -10 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -9.7% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, and Autonomous Technologies. Themes include AI Software Platforms, Edge AI, Show more. | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.8%, Rev Chg QQuarterly Revenue Change % is -4.4% | |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 13% | ||
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.0% | ||
| 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 -16% | ||
| Key risksSSTI key risks include [1] high revenue concentration with a few government customers, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -41% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, and Autonomous Technologies. Themes include AI Software Platforms, Edge AI, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -108%, 3Y Excs Rtn is -153% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -10 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -9.7% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.8%, Rev Chg QQuarterly Revenue Change % is -4.4% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 13% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.0% |
| 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 -16% |
| Key risksSSTI key risks include [1] high revenue concentration with a few government customers, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. SoundThinking (SSTI) reported a significant miss in its Q3 2025 earnings and revenue, announced on November 12, 2025. The company posted an EPS of -$0.16, considerably lower than the analyst estimate of -$0.07. Additionally, quarterly revenue came in at $25.10 million, falling short of the consensus estimate of $27.97 million. This substantial underperformance contributed to negative investor sentiment, with the stock drifting 36.5% lower in the 54 days following the earnings announcement.
2. The company revised its full-year 2025 financial guidance downwards. Alongside its disappointing Q3 results, SoundThinking reduced its full-year 2025 revenue guidance from an initial range of $111-$113 million to $104 million. The adjusted EBITDA margin guidance was also lowered to 14-15%. This downward adjustment signaled a weaker outlook for future performance, further impacting the stock price.
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Stock Movement Drivers
Fundamental Drivers
The -24.8% change in SSTI stock from 10/31/2025 to 2/2/2026 was primarily driven by a -23.7% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 2022026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.35 | 7.03 | -24.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 104 | 103 | -1.1% |
| P/S Multiple | 1.1 | 0.9 | -23.7% |
| Shares Outstanding (Mil) | 13 | 13 | -0.4% |
| Cumulative Contribution | -24.8% |
Market Drivers
10/31/2025 to 2/2/2026| Return | Correlation | |
|---|---|---|
| SSTI | -24.8% | |
| Market (SPY) | 2.0% | 61.1% |
| Sector (XLK) | -3.4% | 52.9% |
Fundamental Drivers
The -38.4% change in SSTI stock from 7/31/2025 to 2/2/2026 was primarily driven by a -36.5% change in the company's P/S Multiple.| (LTM values as of) | 7312025 | 2022026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.41 | 7.03 | -38.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 105 | 103 | -2.1% |
| P/S Multiple | 1.4 | 0.9 | -36.5% |
| Shares Outstanding (Mil) | 13 | 13 | -0.9% |
| Cumulative Contribution | -38.4% |
Market Drivers
7/31/2025 to 2/2/2026| Return | Correlation | |
|---|---|---|
| SSTI | -38.4% | |
| Market (SPY) | 10.3% | 46.5% |
| Sector (XLK) | 10.7% | 40.9% |
Fundamental Drivers
The -47.3% change in SSTI stock from 1/31/2025 to 2/2/2026 was primarily driven by a -46.1% change in the company's P/S Multiple.| (LTM values as of) | 1312025 | 2022026 | Change |
|---|---|---|---|
| Stock Price ($) | 13.35 | 7.03 | -47.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 105 | 103 | -1.8% |
| P/S Multiple | 1.6 | 0.9 | -46.1% |
| Shares Outstanding (Mil) | 13 | 13 | -0.6% |
| Cumulative Contribution | -47.3% |
Market Drivers
1/31/2025 to 2/2/2026| Return | Correlation | |
|---|---|---|
| SSTI | -47.3% | |
| Market (SPY) | 16.6% | 36.2% |
| Sector (XLK) | 26.5% | 37.7% |
Fundamental Drivers
The -81.8% change in SSTI stock from 1/31/2023 to 2/2/2026 was primarily driven by a -86.2% change in the company's P/S Multiple.| (LTM values as of) | 1312023 | 2022026 | Change |
|---|---|---|---|
| Stock Price ($) | 38.55 | 7.03 | -81.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 74 | 103 | 38.9% |
| P/S Multiple | 6.3 | 0.9 | -86.2% |
| Shares Outstanding (Mil) | 12 | 13 | -4.6% |
| Cumulative Contribution | -81.8% |
Market Drivers
1/31/2023 to 2/2/2026| Return | Correlation | |
|---|---|---|
| SSTI | -81.8% | |
| Market (SPY) | 77.5% | 28.2% |
| Sector (XLK) | 118.0% | 25.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SSTI Return | -22% | 15% | -25% | -49% | -39% | -13% | -81% |
| Peers Return | 6% | -26% | 81% | 23% | 8% | -11% | 67% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 85% |
Monthly Win Rates [3] | |||||||
| SSTI Win Rate | 33% | 42% | 42% | 33% | 42% | 0% | |
| Peers Win Rate | 52% | 40% | 65% | 55% | 48% | 10% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| SSTI Max Drawdown | -22% | -19% | -57% | -61% | -55% | -13% | |
| Peers Max Drawdown | -19% | -49% | -6% | -29% | -28% | -13% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: MSI, AXON, VRRM, EVLV, REKR.
[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 2/2/2026 (YTD)
How Low Can It Go
| Event | SSTI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -72.3% | -25.4% |
| % Gain to Breakeven | 261.0% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -48.3% | -33.9% |
| % Gain to Breakeven | 93.5% | 51.3% |
| Time to Breakeven | 238 days | 148 days |
| 2018 Correction | ||
| % Loss | -70.4% | -19.8% |
| % Gain to Breakeven | 238.3% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
Compare to MSI, AXON, VRRM, EVLV, REKR
In The Past
SoundThinking's stock fell -72.3% during the 2022 Inflation Shock from a high on 2/8/2021. A -72.3% loss requires a 261.0% gain to breakeven.
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About SoundThinking (SSTI)
AI Analysis | Feedback
- Ring for urban gunshots
- ADT for city gun violence
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- ShotSpotter: A gunshot detection service that uses acoustic sensors to pinpoint the location of outdoor gunfire incidents and alert law enforcement in near real-time.
- CrimeTracer: An investigative search platform that enables law enforcement to uncover hidden connections between criminal activity, suspects, and evidence across various agencies.
- ResourceBridge: An incident management software designed to optimize police response, enhance officer safety, and improve incident coordination through real-time awareness.
- CaseBuilder: A case management and prosecution intelligence tool that streamlines the preparation of criminal cases, improving collaboration between law enforcement and prosecutors.
AI Analysis | Feedback
SoundThinking (symbol: SSTI) primarily sells its public safety technology solutions to government entities rather than to other private companies or individuals.
Its major customers are:
- Municipalities and Local Governments: Cities and towns across the United States and other countries that contract for services like the ShotSpotter gunshot detection system and other predictive policing and crime analysis tools to enhance public safety within their jurisdictions.
- Law Enforcement Agencies: Police departments, sheriff's offices, and other related agencies within these municipalities utilize SoundThinking's technology and data analytics tools for crime prevention, rapid response to incidents, and criminal investigation.
Since these customers are governmental organizations (cities, police departments) and not publicly traded companies, they do not have stock symbols.
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- Amazon.com, Inc. (AMZN)
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Ralph A. Clark, President and Chief Executive OfficerRalph Clark has led SoundThinking (formerly ShotSpotter) as President and CEO since 2010, transforming it into a SaaS-based business and taking it public in 2017. Prior to SoundThinking, he was President and CEO of GuardianEdge Technologies Inc., which he successfully exited through its acquisition by Symantec. His earlier career includes roles at IBM, and as an investment banker at Goldman Sachs and Merrill Lynch. He also serves on the Board of Directors of TriNet (TNET) and Glowforge, a venture capital-backed 3D laser printing company.
Alan R. Stewart, Chief Financial OfficerAlan R. Stewart serves as Chief Financial Officer, bringing extensive experience in mergers, acquisitions, and corporate finance. Before joining SoundThinking, he was Managing Director of RA Capital Advisors, LLC, a private investment bank focused on M&A, private financings, and restructurings. He previously served as CFO and then Chief Development Officer of Epsilon Systems Solutions, Inc. from 2004 to 2014. Since 2008, he has been President of FIT Advisors, LLC, a consulting firm providing temporary CFO services to various companies, including start-ups and large private businesses.
Sam Klepper, SVP, Products And Corporate DevelopmentSam Klepper leads product strategy and M&A activities for SoundThinking, having joined the company in 2018. With 25 years of leadership experience in fast-growing technology companies, he previously held roles as VP of Sales and Marketing at EnerAllies, a SaaS-centric IoT energy management platform, and as President and CEO of Lavante, a leader in SaaS supplier management solutions.
Adan Pope, Senior Vice President of Data and Artificial IntelligenceAdan Pope was appointed Senior Vice President of Data and Artificial Intelligence in August 2024 to lead SoundThinking's AI and machine learning initiatives. He brings over 30 years of technology leadership experience, most recently serving as CTO at Intrado Life and Safety, where he oversaw product development, engineering, operations, and security for a portfolio of 120 products.
Anne Mueller, SVP, Human ResourcesAnne Mueller joined SoundThinking in 2023 as Senior Vice President of Human Resources, bringing over 20 years of HR expertise. Prior to SoundThinking, she was the Senior Vice President, Head of People at Forge Global (NYSE: FRGE), where she was instrumental in significant headcount expansion, taking the company public, and initiating diversity, equity, and inclusion efforts.
AI Analysis | Feedback
SoundThinking (SSTI) faces several significant risks to its business, primarily stemming from its customer base, operational execution, and internal financial controls.Key Risks to SoundThinking (SSTI)
- Revenue Concentration and Political/Contract Risk: A substantial portion of SoundThinking's revenue is concentrated with a few government customers, making the company highly vulnerable to political decisions and contract non-renewals. For instance, the City of New York accounted for 28% of total revenues for the three months ended September 30, 2025. The loss of the Chicago contract in 2024, which previously represented 11% of Q3 2024 revenue, demonstrates the significant impact such events can have. The company's reliance on government contracts also exposes it to the volatility of public funding, including the potential depletion of ARPA funds, and shifts in political sentiment, which can lead to contract delays or losses.
- Sales Execution Challenges and Deteriorating Financial Performance: SoundThinking has experienced acute sales execution shortfalls, leading to significant operational weakness and a drastic reduction in its 2025 revenue and margin guidance. Delays in high-margin contracts, such as a renewal with Puerto Rico and a deployment in Brazil, have revealed flawed pipeline management and the unpredictable nature of government sales cycles. This has contributed to a negative EBITDA margin and declining gross margins, indicating that rising costs are not being offset by revenue increases. Furthermore, the company's Altman Z-Score suggests financial distress and a potential risk of bankruptcy within the next two years, with limited liquidity and financial flexibility.
- Unremediated Material Weakness in Internal Controls: SoundThinking has a persistent and unremediated material weakness in its internal control over financial reporting, initially identified in 2024 and still present as of September 30, 2025. This is considered a significant governance flaw, indicating potential systemic issues that could lead to material misstatements in financial reports. This risk is amplified as SoundThinking is set to become an accelerated filer effective December 31, 2025, subjecting it to more rigorous external audit requirements and potentially incurring higher audit costs and compliance issues if the weakness is not addressed promptly.
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Growing legislative and public policy challenges stemming from intensified scrutiny and advocacy against the efficacy, accuracy, and ethical implications of acoustic surveillance technologies, which could lead to cities failing to renew contracts or legislative bodies imposing restrictions on their deployment and use.
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SoundThinking (SSTI) operates in the public safety technology sector, offering a suite of AI- and data-driven solutions. The addressable markets for its main products and services are identified as follows:
ShotSpotter (Acoustic Gunshot Detection System)
The global market for gunshot detection systems, which includes ShotSpotter, was valued at approximately USD 1.1 billion to USD 1.15 billion in 2025. It is projected to grow significantly, with estimates reaching USD 2.17 billion by 2030 (at a CAGR of 13.52%) and up to USD 4.4 billion by 2035 (at a CAGR of 15% from 2026-2035). North America is a dominant region within this market, holding over 40% of the revenue share in 2023. The U.S. market specifically is anticipated to grow at a CAGR of over 11% from 2024 to 2030.
CrimeTracer, CaseBuilder, ResourceRouter, and HunchLab (Law Enforcement Software Market)
Products such as CrimeTracer (a law enforcement search engine and crime data solution), CaseBuilder (an investigation management system), ResourceRouter (software for directing patrol and community anti-violence resources), and HunchLab (predictive policing, now integrated as ShotSpotter Missions) fall under the broader law enforcement software market. The global law enforcement software market was estimated at USD 15.65 billion in 2023 and is projected to reach USD 31.37 billion by 2030, demonstrating a Compound Annual Growth Rate (CAGR) of 11.3% from 2024 to 2030. North America held the largest revenue share in this market in 2023, at 31.0%, with the U.S. market expected to experience significant growth between 2024 and 2030.
SafePointe and PlateRanger
Specific addressable market sizes for SafePointe (AI-based weapons detection system) and PlateRanger (ALPR solution) were not individually identified in the provided information. These products likely contribute to the broader public safety technology or law enforcement software markets but do not have separate, distinct market size figures available in the search results.
AI Analysis | Feedback
SoundThinking (SSTI) is expected to drive future revenue growth over the next 2-3 years through several key initiatives: * **Expansion of the SafetySmart Platform and New Product Offerings:** SoundThinking's SafetySmart platform, which includes ShotSpotter, CrimeTracer, CaseBuilder, ResourceRouter, SafePointe, and PlateRanger, is a primary growth engine. The company recently launched CrimeTracer Gen3, a significant upgrade that enhances its crime-fighting capabilities with features like automated patrol briefings and AI-driven analysis, which is expected to drive new customer adoption and upsells to existing agencies. Additionally, its AI-based weapons detection system, SafePointe, is expanding into new commercial markets such as airports and schools, projected to extend the total addressable market by $3 billion. SoundThinking is also developing a hybrid sniper detection solution, set for commercial availability in early 2026, to target critical infrastructure and corporate security sectors, further expanding its market opportunity into a $10+ billion global security segment. * **Geographic Expansion (Domestic and International):** The company is actively pursuing growth by expanding its footprint both domestically and internationally. ShotSpotter continues to go live in new cities and universities, and expand services with existing clients. International expansion is highlighted as a key growth driver, particularly in markets like Latin America and South Africa, where the company anticipates higher pricing leverage. SoundThinking has already expanded ShotSpotter coverage in countries such as Uruguay, Brazil, and South Africa. * **Growth in Customer Base and Upselling to Existing Clients:** A significant portion of SoundThinking's revenue growth is expected from securing new customer contracts and expanding coverage with existing clients. This is supported by the projected increase in Annual Recurring Revenue (ARR), which is expected to grow from $95.6 million at the beginning of 2025 to approximately $110 million by early 2026, indicating sustained growth in its subscription-based model and continued adoption of its solutions by public safety agencies. * **Leveraging AI and Data-Driven Insights:** SoundThinking is focusing on continuous AI-driven platform innovation to enhance its offerings and improve operational efficiencies. The integration of advanced AI and data analytics across its SafetySmart platform is expected to drive higher contract values and improve renewal rates. This technological advancement underpins new product development, such as the AI-driven analysis in CrimeTracer Gen3, and enables the company to provide more actionable insights to its customers, contributing to both market share expansion and margin improvement.AI Analysis | Feedback
Share Repurchases
- SoundThinking repurchased 418,940 shares for approximately $6.0 million in 2024 under its 2022 Repurchase Program.
- As of December 31, 2024, approximately $13.4 million remained authorized under the 2022 Repurchase Program.
- In the first quarter of 2025, the company repurchased approximately $0.5 million worth of common stock.
Outbound Investments
- In 2023, SoundThinking acquired SafePointe, an AI-driven weapons detection solution.
- The company acquired Forensic Logic, LLC in January 2022, which brought the CrimeTracer solution into its portfolio.
- In 2023, SoundThinking also formed a strategic partnership with Rekor Systems, Inc. to launch PlateRanger, an ALPR public safety solution.
Capital Expenditures
- Capital expenditures include investments in customer acoustic sensor networks, with associated depreciation being a significant part of the cost of revenues.
- SoundThinking is making ongoing investments in AI modeling and tools for product enhancement and internal operational use.
- In the first half of 2025, approximately $1.4 million was utilized in investing activities, which encompasses capital expenditures.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| SoundThinking Earnings Notes | 12/16/2025 | |
| With SoundThinking Stock Surging, Have You Considered The Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 12.64 |
| Mkt Cap | 2.0 |
| Rev LTM | 540 |
| Op Inc LTM | -19 |
| FCF LTM | 72 |
| FCF 3Y Avg | 85 |
| CFO LTM | 125 |
| CFO 3Y Avg | 126 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 10.2% |
| Rev Chg 3Y Avg | 22.8% |
| Rev Chg Q | 23.3% |
| QoQ Delta Rev Chg LTM | 5.5% |
| Op Mgn LTM | -5.4% |
| Op Mgn 3Y Avg | -1.3% |
| QoQ Delta Op Mgn LTM | 0.0% |
| CFO/Rev LTM | 7.1% |
| CFO/Rev 3Y Avg | 13.0% |
| FCF/Rev LTM | 2.3% |
| FCF/Rev 3Y Avg | 8.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.0 |
| P/S | 4.5 |
| P/EBIT | 6.9 |
| P/E | 14.4 |
| P/CFO | 24.0 |
| Total Yield | -2.5% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 2.0% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -14.2% |
| 3M Rtn | -23.5% |
| 6M Rtn | -21.2% |
| 12M Rtn | -30.2% |
| 3Y Rtn | 39.2% |
| 1M Excs Rtn | -19.2% |
| 3M Excs Rtn | -25.2% |
| 6M Excs Rtn | -30.2% |
| 12M Excs Rtn | -45.6% |
| 3Y Excs Rtn | -32.2% |
Price Behavior
| Market Price | $7.03 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 06/07/2017 | |
| Distance from 52W High | -63.1% | |
| 50 Days | 200 Days | |
| DMA Price | $7.49 | $11.55 |
| DMA Trend | down | down |
| Distance from DMA | -6.2% | -39.1% |
| 3M | 1YR | |
| Volatility | 62.8% | 59.0% |
| Downside Capture | 386.38 | 193.81 |
| Upside Capture | 175.79 | 98.18 |
| Correlation (SPY) | 60.8% | 36.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.89 | 2.21 | 3.39 | 2.44 | 1.10 | 1.11 |
| Up Beta | 6.48 | 2.69 | 1.74 | 1.00 | 0.72 | 0.91 |
| Down Beta | 2.34 | 3.30 | 5.37 | 3.92 | 1.13 | 1.14 |
| Up Capture | 50% | 227% | 200% | 123% | 96% | 42% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 9 | 24 | 33 | 65 | 123 | 351 |
| Down Capture | 424% | 67% | 315% | 249% | 142% | 110% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 11 | 16 | 26 | 56 | 121 | 390 |
[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 SSTI | |
|---|---|---|---|---|
| SSTI | -48.0% | 58.9% | -0.90 | - |
| Sector ETF (XLK) | 25.8% | 26.9% | 0.83 | 37.7% |
| Equity (SPY) | 16.0% | 19.2% | 0.64 | 36.2% |
| Gold (GLD) | 66.9% | 23.7% | 2.11 | 8.5% |
| Commodities (DBC) | 7.0% | 16.3% | 0.23 | 12.5% |
| Real Estate (VNQ) | 2.9% | 16.5% | -0.00 | 27.8% |
| Bitcoin (BTCUSD) | -19.7% | 39.9% | -0.46 | 19.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SSTI | |
|---|---|---|---|---|
| SSTI | -32.3% | 56.5% | -0.47 | - |
| Sector ETF (XLK) | 17.6% | 24.7% | 0.64 | 28.7% |
| Equity (SPY) | 14.1% | 17.1% | 0.66 | 29.7% |
| Gold (GLD) | 19.9% | 16.6% | 0.97 | 4.6% |
| Commodities (DBC) | 11.4% | 18.9% | 0.49 | 5.9% |
| Real Estate (VNQ) | 4.5% | 18.8% | 0.15 | 24.8% |
| Bitcoin (BTCUSD) | 20.9% | 57.6% | 0.56 | 13.5% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SSTI | |
|---|---|---|---|---|
| SSTI | -6.9% | 61.8% | 0.13 | - |
| Sector ETF (XLK) | 23.3% | 24.2% | 0.88 | 27.7% |
| Equity (SPY) | 15.9% | 17.9% | 0.76 | 27.6% |
| Gold (GLD) | 15.0% | 15.3% | 0.81 | 2.2% |
| Commodities (DBC) | 8.3% | 17.6% | 0.39 | 8.3% |
| Real Estate (VNQ) | 5.8% | 20.8% | 0.25 | 21.3% |
| Bitcoin (BTCUSD) | 71.1% | 66.4% | 1.10 | 11.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/12/2025 | -14.1% | -25.7% | -8.7% |
| 5/13/2025 | -1.4% | -6.5% | 0.4% |
| 2/25/2025 | 23.6% | 14.1% | 39.4% |
| 11/12/2024 | -7.4% | -2.6% | 6.2% |
| 5/14/2024 | -3.4% | 0.6% | -3.6% |
| 2/27/2024 | -2.8% | -9.5% | -13.9% |
| 11/7/2023 | 8.7% | 31.5% | 40.2% |
| 8/8/2023 | -19.8% | -1.3% | -1.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 10 | 10 |
| # Negative | 14 | 12 | 12 |
| Median Positive | 19.0% | 13.8% | 10.4% |
| Median Negative | -7.0% | -8.9% | -12.4% |
| Max Positive | 32.6% | 37.0% | 40.2% |
| Max Negative | -21.5% | -28.9% | -21.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/13/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-Q |
| 12/31/2024 | 03/31/2025 | 10-K |
| 09/30/2024 | 11/13/2024 | 10-Q |
| 06/30/2024 | 08/15/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 04/01/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 03/14/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/10/2022 | 10-Q |
| 03/31/2022 | 05/16/2022 | 10-Q |
| 12/31/2021 | 03/29/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Golzadeh, Nasim | See remarks | Direct | Sell | 12022025 | 6.03 | 2,306 | 13,910 | 534,471 | Form |
| 2 | Golzadeh, Nasim | See remarks | Direct | Sell | 11202025 | 6.10 | 461 | 2,810 | 554,136 | Form |
| 3 | Golzadeh, Nasim | See remarks | Direct | Sell | 9042025 | 11.80 | 1,994 | 23,531 | 1,078,230 | Form |
| 4 | Clark, Ralph A | President and CEO | Direct | Sell | 9042025 | 11.80 | 16,161 | 190,711 | 6,946,340 | Form |
| 5 | Golzadeh, Nasim | See remarks | Direct | Sell | 9022025 | 12.57 | 345 | 4,336 | 1,173,511 | Form |
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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