Stran (SWAG)
Market Price (6/5/2026): $2.1 | Market Cap: $39.1 MilSector: Communication Services | Industry: Advertising
Stran (SWAG)
Market Price (6/5/2026): $2.1Market Cap: $39.1 MilSector: Communication ServicesIndustry: Advertising
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -27% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 28% Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and E-commerce & DTC Adoption. Themes include Online Marketplaces, Direct-to-Consumer Brands, Show more. | Weak multi-year price returns3Y Excs Rtn is -30% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -0.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.7% Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 101x 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 -3.4% Key risksSWAG key risks include [1] potential Nasdaq delisting due to delayed regulatory filings and [2] sustained net losses alongside a decreasing gross profit margin impacted by a recent acquisition. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -27% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 28% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and E-commerce & DTC Adoption. Themes include Online Marketplaces, Direct-to-Consumer Brands, Show more. |
| Weak multi-year price returns3Y Excs Rtn is -30% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -0.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.7% |
| Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 101x |
| 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 -3.4% |
| Key risksSWAG key risks include [1] potential Nasdaq delisting due to delayed regulatory filings and [2] sustained net losses alongside a decreasing gross profit margin impacted by a recent acquisition. |
Qualitative Assessment
AI Analysis | Feedback
Stran (SWAG) stock has gained about 20% since 2/28/2026 because of the following key factors:
1. Stran & Company achieved a significant profitability inflection in its fiscal Q1 2026 (ended March 31, 2026). The company reported a net income of $744,000, a substantial improvement from a net loss of $393,000 in the prior year's first quarter. Furthermore, EBITDA swung to a positive $1.0 million compared to a negative $0.2 million in fiscal Q1 2025. This return to profitability, alongside an 8.9% year-over-year revenue increase to $31.2 million, signaled strong operational improvements to investors.
2. The company demonstrated strong operating leverage and an improved financial position. In fiscal Q1 2026, Stran's gross profit grew 13.7% to $9.6 million, outpacing its revenue growth, and its gross margin expanded to 30.9% from 29.6% in the prior year period. Operating expenses remained relatively flat at $9.0 million, indicating that increased revenue was more efficiently converted into profit. Additionally, the company's cash position significantly strengthened, with cash, cash equivalents, and investments totaling $12.8 million as of March 31, 2026.
Show more
Stock Movement Drivers
Fundamental Drivers
The 20.6% change in SWAG stock from 2/28/2026 to 6/4/2026 was primarily driven by a 17.6% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 6042026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.75 | 2.11 | 20.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 114 | 119 | 3.9% |
| P/S Multiple | 0.3 | 0.3 | 17.6% |
| Shares Outstanding (Mil) | 18 | 19 | -1.3% |
| Cumulative Contribution | 20.6% |
Market Drivers
2/28/2026 to 6/4/2026| Return | Correlation | |
|---|---|---|
| SWAG | 20.6% | |
| Market (SPY) | 10.7% | 18.9% |
| Sector (XLC) | -3.9% | 6.3% |
Fundamental Drivers
The 4.5% change in SWAG stock from 11/30/2025 to 6/4/2026 was primarily driven by a 3.9% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 11302025 | 6042026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.02 | 2.11 | 4.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 114 | 119 | 3.9% |
| P/S Multiple | 0.3 | 0.3 | 1.9% |
| Shares Outstanding (Mil) | 18 | 19 | -1.3% |
| Cumulative Contribution | 4.5% |
Market Drivers
11/30/2025 to 6/4/2026| Return | Correlation | |
|---|---|---|
| SWAG | 4.5% | |
| Market (SPY) | 11.4% | 23.3% |
| Sector (XLC) | -1.3% | 8.1% |
Fundamental Drivers
The 86.7% change in SWAG stock from 5/31/2025 to 6/4/2026 was primarily driven by a 45.7% change in the company's P/S Multiple.| (LTM values as of) | 5312025 | 6042026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.13 | 2.11 | 86.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 93 | 119 | 28.3% |
| P/S Multiple | 0.2 | 0.3 | 45.7% |
| Shares Outstanding (Mil) | 19 | 19 | -0.1% |
| Cumulative Contribution | 86.7% |
Market Drivers
5/31/2025 to 6/4/2026| Return | Correlation | |
|---|---|---|
| SWAG | 86.7% | |
| Market (SPY) | 29.9% | 27.2% |
| Sector (XLC) | 12.9% | 16.2% |
Fundamental Drivers
The 50.7% change in SWAG stock from 5/31/2023 to 6/4/2026 was primarily driven by a 92.8% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 5312023 | 6042026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.40 | 2.11 | 50.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 62 | 119 | 92.8% |
| P/S Multiple | 0.4 | 0.3 | -21.2% |
| Shares Outstanding (Mil) | 18 | 19 | -0.8% |
| Cumulative Contribution | 50.7% |
Market Drivers
5/31/2023 to 6/4/2026| Return | Correlation | |
|---|---|---|
| SWAG | 50.7% | |
| Market (SPY) | 88.3% | 11.0% |
| Sector (XLC) | 87.8% | 5.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SWAG Return | -39% | -79% | 17% | -39% | 84% | 36% | -77% |
| Peers Return | 10% | -38% | 65% | 21% | -2% | 20% | 59% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 101% |
Monthly Win Rates [3] | |||||||
| SWAG Win Rate | 25% | 33% | 50% | 33% | 75% | 50% | |
| Peers Win Rate | 53% | 38% | 57% | 52% | 47% | 57% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| SWAG Max Drawdown | - | -80% | -50% | -48% | -50% | -31% | |
| Peers Max Drawdown | -35% | -59% | -32% | -30% | -41% | -18% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: CMPR, DLX, SGC, QUAD, GIL.
[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 6/4/2026 (YTD)
How Low Can It Go
| Event | SWAG | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -19.6% | -18.8% |
| % Gain to Breakeven | 24.4% | 23.1% |
| Time to Breakeven | 29 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -33.2% | -9.5% |
| % Gain to Breakeven | 49.8% | 10.5% |
| Time to Breakeven | 35 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -12.2% | -6.7% |
| % Gain to Breakeven | 13.9% | 7.1% |
| Time to Breakeven | 22 days | 31 days |
In The Past
Stran's stock fell -19.6% during the 2025 US Tariff Shock. Such a loss loss requires a 24.4% 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.
| Event | SWAG | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -33.2% | -9.5% |
| % Gain to Breakeven | 49.8% | 10.5% |
| Time to Breakeven | 35 days | 24 days |
In The Past
Stran's stock fell -19.6% during the 2025 US Tariff Shock. Such a loss loss requires a 24.4% 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 Stran (SWAG)
AI Analysis | Feedback
Here are 1-3 brief analogies for Stran (SWAG):
- Stran is like Shopify for corporate branded merchandise and promotional products.
- Imagine 4imprint meets Shopify for businesses wanting to manage, sell, and distribute their branded merchandise.
- Stran is like a white-label Amazon for corporate merchandise programs, handling everything from sourcing to e-commerce and fulfillment.
AI Analysis | Feedback
```html- Branded Merchandise and Promotional Products: Provides custom sourcing, design, and management for a wide range of branded items and promotional products.
- E-commerce Solutions: Offers design, hosting, and management of online stores for branded merchandise, event assets, and business-to-business services, including order and inventory management.
- Warehousing, Fulfillment, and Distribution: Manages storage, packaging, and logistical distribution of client products and promotional materials.
- Creative and Merchandising Services: Delivers design expertise for promotional materials, branded merchandise, print collateral, and point-of-sale displays.
- Print-on-Demand and Kitting Services: Provides on-demand printing for various materials and custom assembly of multiple items into curated kits.
- Loyalty and Incentive Program Management: Develops and implements programs designed to foster customer loyalty and incentivize desired behaviors.
AI Analysis | Feedback
Stran & Company, Inc. (SWAG)
Stran & Company, Inc. (SWAG) primarily provides outsourced marketing solutions and promotional products and services to other businesses. Therefore, its major customers are other companies rather than individuals.
While Stran's SEC filings indicate that in fiscal year 2023, two customers accounted for 15.0% and 10.1% of its net revenues respectively, the names of these specific major customer companies, or any other significant customer companies, are not publicly disclosed by the company.
Stran serves a diverse client base across a wide range of industries, including:
- Healthcare
- Technology
- Automotive
- Financial Services
- Retail
- Non-profit organizations
Its client base ranges from small and medium-sized businesses to Fortune 500 companies.
AI Analysis | Feedback
nullAI Analysis | Feedback
Andy Shape, Co-Founder, President & CEO
Andy Shape is the co-founder and current CEO & President of Stran & Company, Inc.. He also serves as a Director for Naked Brand Group, a Nasdaq-listed intimate apparel and swimwear company. Prior to co-founding Stran, Mr. Shape worked as an Account Executive covering the technology industry at Copithorne & Bellows Public Relations (a Porter Novelli company). He has been CEO since January 1996, holding a tenure of over 30 years. In 2023, he was ranked 24th on the Advertising Specialty Institute's (ASI) Counselor Power 50 list.
David Browner, Chief Financial Officer and Principal Accounting Officer
David Browner serves as the Chief Financial Officer and Principal Accounting Officer of Stran & Company, Inc.. He was formally appointed to this role on March 27, 2023, after serving as Interim CFO since July 2022. Mr. Browner is a long-serving manager of Stran's financial operations, having joined the company in July 2012, and has held various senior financial positions, including Controller since July 2021. His responsibilities have included preparing quarterly and annual financial reports, managing the finance team, and overseeing special projects like software implementation and workflow analyses. He holds a Master of Business Administration in Accounting and a Bachelor of Business Administration from the University of Massachusetts Lowell.
Andrew Stranberg, Co-Founder, Executive Chairman, Treasurer and Secretary
Andrew Stranberg is a co-founder and the Executive Chairman of Stran & Company, Inc.. In 1995, he founded Stran Capital LLC and has since served as its CEO. From 1997 to 2016, Mr. Stranberg was Chairman of Stran Technologies, which was acquired by Corning in 2016. He also formed Stran Maritime LLC, a joint venture, and served in the Office of the Chairman for SFX entertainment from 2012-2014.
Jack Audibert, Chief Strategy Officer & Chief Compliance Officer
Jack Audibert is the Chief Strategy Officer & Chief Compliance Officer at Stran & Company, Inc.. Before this role, he served as the Vice President of Growth and Strategic Initiatives since joining the company in 2020. Mr. Audibert has over 12 years of experience in investment banking, corporate finance, and strategy consulting. He has been the President of Josselin Capital Advisors, Inc. since October 2019, where he provides consulting services to high-growth businesses in the consumer sector. His prior experience includes working in the investment banking group of Sandler O'Neill + Partners, L.P. and as a strategic consultant at Putnam Associates.
Randy Birney, Executive VP
Randy Birney is the Executive Vice President of Stran & Company, Inc.. He has been with the company since 1998.
AI Analysis | Feedback
Stran & Company, Inc. (SWAG) faces several key risks inherent to its business model of providing outsourced marketing solutions and promotional products. The most significant risks revolve around its financial performance and external operational challenges. The primary risk to Stran & Company's business is its **ongoing net losses and challenges in generating consistent profitability and positive cash flow**. Despite experiencing revenue growth, the company has reported persistent quarterly net losses, which erode retained earnings and limit internal funding for capital expenditures, working capital, or stock buybacks. This continuous negative profitability increases the company's reliance on cash reserves or external financing and poses an execution risk until structural margins and operating leverage can be improved. Furthermore, an inability to convert sales into positive operating and free cash flow constrains liquidity for growth initiatives and makes the company vulnerable if revenue growth slows. A second key risk is **margin compression**, primarily driven by elevated tariffs, rising raw material and shipping costs, and a shifting acquisition mix. Declining gross margins, exacerbated by tariffs on imported products and the lower-margin business acquired through the Gander Group, reduce operating leverage and prolong the path to sustainable profitability. The company's profitability can be negatively affected if these increased costs of raw materials and shipping, intensified by inflation, cannot be effectively passed on to customers. Fluctuations in raw material prices, particularly for petroleum-based products, also expose the company to market risks. Finally, **supply chain disruptions and geopolitical tensions** present a significant risk. Changes in trade regulations, tariffs, and broader geopolitical instability, especially concerning China, could materially harm Stran's revenue and operations by increasing costs and limiting the import of products. Global supply chain interruptions and shifts in consumer buying habits have already led to increased shipping times and costs, creating inventory pressures for the company.AI Analysis | Feedback
The emergence of highly integrated, AI-driven digital platforms that enable companies to self-manage their entire promotional product lifecycle—from design and global sourcing to e-commerce storefronts, inventory, and fulfillment—could disintermediate service providers like Stran. These platforms would offer a direct, automated, and potentially more cost-effective alternative to outsourced marketing solutions.
AI Analysis | Feedback
Stran & Company, Inc. (SWAG) operates within several addressable markets related to promotional products, branded merchandise, corporate gifting, loyalty programs, and marketing outsourcing.
The key addressable markets for Stran's main products and services include:
- Promotional Products Market: The global promotional products market was valued at approximately USD 26.5 billion in 2025 and is projected to reach USD 37 billion by 2033. In the U.S., the promotional products industry reached an estimated USD 26.78 billion in 2024.
- Corporate Gifting Market: The global corporate gifting market was valued at nearly USD 765.46 billion in 2023, with projections indicating growth to USD 1.11 trillion by 2028 and USD 1.65 trillion by 2033. North America is a leading region in this market, holding approximately 36.3% of the global market share in 2025.
- Loyalty Management Market: The global loyalty management market was estimated at USD 13.59 billion in 2025 and is projected to reach USD 31.11 billion by 2033. North America accounted for a 36.5% revenue share of the global loyalty management market in 2025.
- Digital Marketing Outsourcing Market: The global digital marketing outsourcing market was approximately USD 25.4 billion in 2024, with an expectation to reach USD 74.76 billion by 2034. The U.S. market within this sector was valued at USD 8.8 billion in 2024.
- Marketing Technology Outsourcing Market: The global marketing technology outsourcing market was valued at USD 44.09 billion in 2023 and is expected to reach USD 48.04 billion in 2024. North America held nearly 38% of the revenue share in this market in 2023.
- Licensed Merchandise Market: The global licensed merchandise market was valued at approximately USD 292 billion in 2023. North America held the largest share in the licensed merchandise retail market, with its market size valued at approximately USD 125 billion in 2023.
- Merchandise Designing Market: The global merchandise designing market was valued at USD 170.6 billion in 2023 and is expected to reach USD 426.7 billion by 2033. North America's contribution to this market was USD 55.27 billion in 2023.
AI Analysis | Feedback
Stran & Company, Inc. (NASDAQ: SWAG) is anticipated to drive future revenue growth over the next two to three years through several key strategies:
- Strategic Acquisitions and Integration: The company has demonstrated a successful track record with the integration of Gander Group, which significantly boosted revenue for its Stran Loyalty Solutions (SLS) segment. Management has explicitly identified strategic mergers and acquisitions (M&A) as a "key pillar" of its growth plan, emphasizing a "disciplined roll-up strategy" for future expansion.
- Expansion into High-Potential Verticals and Broadening Customer Base: Stran aims to broaden its client base by targeting high-potential verticals, including hospitality, healthcare, infrastructure, and gaming. This strategy is supported by recent contract wins, such as a multimillion-dollar agreement to power a rewards program for a leading gaming company.
- Deepening Client Relationships and Securing Recurring Revenue Streams: A core focus for Stran is to cultivate deeper relationships with existing clients and secure long-term, predictable revenue streams. A notable example is the multi-year, multimillion-dollar contract extension with a premier nonprofit running organization, which is expected to generate recurring revenue and solidify Stran's position in sports and experiential marketing.
- Organic Sales Growth and Operational Efficiencies: The company has reported strong organic sales growth in recent periods, exemplified by a 30.4% organic sales increase in Q2 2025 within the Stran segment. Coupled with this, management is committed to increasing operational efficiency and leveraging technology investments to improve long-term margins and support sustainable organic growth. The launch of new digital platforms, such as a client-branded online gifting platform, also contributes to organic expansion.
AI Analysis | Feedback
Share Repurchases
- Stran & Company repurchased approximately 267,000 shares of common stock for about $408,000 during the third quarter of 2025.
- In the second quarter of 2025, the company acquired approximately 110,000 shares for about $145,600.
- A $10 million share buyback authorization was announced, with less than $4 million having been executed as of Q2 2025.
Share Issuance
- Stran & Company completed its Initial Public Offering (IPO) in November 2021. This involved Software Acquisition Group Inc. III (SWAGU/SWAG) raising gross proceeds of $200,000,000, with an additional $28,078,680 from an over-allotment option.
- As of September 30, 2025, common stock issued and outstanding decreased to 18,288,158 shares from 18,598,574 shares at December 31, 2024, primarily due to share repurchases.
Outbound Investments
- In August 2024, Stran & Company acquired the strategic assets of Gander Group, which specializes in casino continuity and loyalty programs and generated over $34 million in revenue in 2023. This acquisition is expected to contribute positive cash flow and be accretive to stockholders.
- Stran & Company acquired T.R. Miller Co. Inc., a branded merchandise provider with approximately $19 million in fiscal-year 2022 revenue, in June 2023.
- Since becoming a publicly traded company in late 2021, Stran & Company has completed four acquisitions, including Premier Business Services (December 2022), GAP Promotions, and Trend Brand Solutions (both in 2022).
Capital Expenditures
- Stran & Company invested $498,000 in capital expenditures during the third quarter of 2025 for funding long-term assets and infrastructure.
- Additions to property and equipment were $700,000 for the nine months ended September 30, 2025, and $508,000 for the nine months ended September 30, 2024.
- Capital expenditures of $601,000 absorbed a large share of operating cash flow in fiscal year 2024. The company is focused on technology investments to drive long-term margin improvement and implemented a Netsuite ERP system.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Stran Earnings Notes | 12/16/2025 | |
| Can Stran Stock Recover If Markets Fall? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 17.95 |
| Mkt Cap | 0.7 |
| Rev LTM | 2,253 |
| Op Inc LTM | 190 |
| FCF LTM | 44 |
| FCF 3Y Avg | 52 |
| CFO LTM | 91 |
| CFO 3Y Avg | 104 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 4.9% |
| Rev Chg 3Y Avg | 3.5% |
| Rev Chg Q | 5.8% |
| QoQ Delta Rev Chg LTM | 1.4% |
| Op Inc Chg LTM | 9.1% |
| Op Inc Chg 3Y Avg | 6.2% |
| Op Mgn LTM | 6.1% |
| Op Mgn 3Y Avg | 5.8% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 5.4% |
| CFO/Rev 3Y Avg | 6.9% |
| FCF/Rev LTM | 3.2% |
| FCF/Rev 3Y Avg | 4.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.7 |
| P/S | 0.4 |
| P/Op Inc | 6.4 |
| P/EBIT | 7.2 |
| P/E | 32.6 |
| P/CFO | 6.1 |
| Total Yield | 6.0% |
| Dividend Yield | 2.1% |
| FCF Yield 3Y Avg | 15.4% |
| D/E | 0.6 |
| Net D/E | 0.6 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 4.9% |
| 3M Rtn | 18.0% |
| 6M Rtn | 21.9% |
| 12M Rtn | 53.3% |
| 3Y Rtn | 85.7% |
| 1M Excs Rtn | 0.4% |
| 3M Excs Rtn | 7.0% |
| 6M Excs Rtn | 13.1% |
| 12M Excs Rtn | 26.3% |
| 3Y Excs Rtn | 9.2% |
Price Behavior
| Market Price | $2.11 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 09/20/2021 | |
| Distance from 52W High | -37.0% | |
| 50 Days | 200 Days | |
| DMA Price | $1.76 | $1.84 |
| DMA Trend | up | up |
| Distance from DMA | 19.6% | 14.5% |
| 3M | 1YR | |
| Volatility | 51.9% | 81.2% |
| Downside Capture | 73.59 | 162.43 |
| Upside Capture | 130.57 | 189.15 |
| Correlation (SPY) | 19.5% | 27.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.33 | 1.12 | 0.70 | 1.16 | 1.85 | 0.51 |
| Up Beta | -0.71 | 0.26 | 0.16 | -0.21 | 1.40 | 0.01 |
| Down Beta | -3.49 | -1.51 | 0.02 | 1.32 | 2.33 | 0.35 |
| Up Capture | 498% | 205% | 134% | 167% | 299% | 74% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 11 | 18 | 27 | 54 | 121 | 331 |
| Down Capture | 111% | 250% | 93% | 162% | 141% | 99% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 7 | 21 | 32 | 62 | 113 | 359 |
[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 SWAG | |
|---|---|---|---|---|
| SWAG | 94.8% | 81.1% | 1.15 | - |
| Sector ETF (XLC) | 12.8% | 13.3% | 0.65 | 16.1% |
| Equity (SPY) | 28.6% | 11.8% | 1.82 | 26.8% |
| Gold (GLD) | 33.3% | 26.6% | 1.05 | 16.6% |
| Commodities (DBC) | 39.4% | 18.8% | 1.63 | 9.9% |
| Real Estate (VNQ) | 12.0% | 13.3% | 0.60 | 1.5% |
| Bitcoin (BTCUSD) | -40.5% | 42.3% | -1.11 | 21.7% |
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 SWAG | |
|---|---|---|---|---|
| SWAG | -12.0% | 75.1% | 0.14 | - |
| Sector ETF (XLC) | 8.5% | 20.6% | 0.33 | 11.8% |
| Equity (SPY) | 14.1% | 17.0% | 0.65 | 14.2% |
| Gold (GLD) | 18.3% | 18.0% | 0.82 | 7.8% |
| Commodities (DBC) | 9.9% | 19.4% | 0.40 | 4.4% |
| Real Estate (VNQ) | 3.2% | 18.8% | 0.07 | 10.5% |
| Bitcoin (BTCUSD) | 10.4% | 54.7% | 0.39 | 8.4% |
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 SWAG | |
|---|---|---|---|---|
| SWAG | -6.2% | 75.1% | 0.14 | - |
| Sector ETF (XLC) | 9.3% | 22.2% | 0.49 | 11.8% |
| Equity (SPY) | 15.6% | 17.9% | 0.74 | 14.2% |
| Gold (GLD) | 13.4% | 16.0% | 0.69 | 7.8% |
| Commodities (DBC) | 7.3% | 17.9% | 0.33 | 4.4% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 10.5% |
| Bitcoin (BTCUSD) | 63.9% | 66.9% | 1.03 | 8.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/2/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/12/2026 | 3.6% | 11.9% | |
| 3/25/2026 | -5.1% | -6.2% | -12.4% |
| 11/12/2025 | -17.9% | -40.9% | -42.4% |
| 8/12/2025 | 10.6% | 22.7% | 33.3% |
| 5/15/2025 | 19.8% | 13.2% | 38.7% |
| 3/7/2025 | -6.9% | -8.8% | -8.8% |
| 12/23/2024 | 0.1% | -2.9% | 5.5% |
| 8/12/2024 | 4.5% | 8.0% | 7.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 9 | 8 |
| # Negative | 7 | 9 | 9 |
| Median Positive | 6.9% | 11.9% | 11.5% |
| Median Negative | -5.1% | -6.5% | -8.8% |
| Max Positive | 24.0% | 27.0% | 42.4% |
| Max Negative | -17.9% | -40.9% | -42.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/12/2026 | 10-Q |
| 12/31/2025 | 03/25/2026 | 10-K |
| 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 | 04/14/2025 | 10-K |
| 09/30/2024 | 03/07/2025 | 10-Q |
| 06/30/2024 | 02/11/2025 | 10-Q |
| 03/31/2024 | 02/11/2025 | 10-Q |
| 12/31/2023 | 03/28/2024 | 10-K |
| 09/30/2023 | 11/06/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 03/30/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/15/2022 | 10-Q |
Insider Activity
Updated 4/26/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Audibert, John | VP of Growth & Strat. Ini. | Direct | Buy | 6302025 | 1.50 | 4,500 | 6,730 | 168,617 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.