Stran (SWAG)
Market Price (1/22/2026): $2.04 | Market Cap: $37.5 MilSector: Communication Services | Industry: Advertising
Stran (SWAG)
Market Price (1/22/2026): $2.04Market Cap: $37.5 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 -26% | Weak multi-year price returns2Y Excs Rtn is -20%, 3Y Excs Rtn is -34% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -2.9 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2.5% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 45% | Stock price has recently run up significantly12M Rtn12 month market price return is 126% | |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and E-commerce & DTC Adoption. Themes include Online Marketplaces, Direct-to-Consumer Brands, Show more. | Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -3.1%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3.8% | |
| 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 -8.5% | ||
| 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 -26% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 45% |
| 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 returns2Y Excs Rtn is -20%, 3Y Excs Rtn is -34% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -2.9 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2.5% |
| Stock price has recently run up significantly12M Rtn12 month market price return is 126% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -3.1%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3.8% |
| 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 -8.5% |
| 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. |
Why The Stock Moved
Qualitative Assessment
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Stran (SWAG) stock has gained about 15% since 9/30/2025 because of the following key factors:
1. Strong Revenue Growth Demonstrated in Q3 2025. Stran (SWAG) reported a significant 29.0% year-over-year increase in sales, reaching $26.0 million for the third quarter of 2025. Furthermore, the company's sales for the first nine months of 2025 surged by 56.7% to $87.3 million. This robust top-line growth indicated the scalability of Stran's platform and consistent demand from its customer base, contributing to investor confidence despite an initial stock dip immediately following the earnings announcement.
2. Improved Financial Health and Operational Efficiencies. While the company reported a net loss for Q3 2025, it narrowed to $1.2 million, which was an improvement from the $2.0 million loss in the same period of the previous year. Concurrently, Stran achieved improved year-to-date EBITDA, and operating expenses as a percentage of sales decreased to 34.1% in Q3 2025 from 40.4% year-over-year, primarily due to reduced legal and accounting expenses. The company also maintained a strong cash position of $11.8 million with no outstanding debt, highlighting financial stability and disciplined management.
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1. Strong Revenue Growth Demonstrated in Q3 2025. Stran (SWAG) reported a significant 29.0% year-over-year increase in sales, reaching $26.0 million for the third quarter of 2025. Furthermore, the company's sales for the first nine months of 2025 surged by 56.7% to $87.3 million. This robust top-line growth indicated the scalability of Stran's platform and consistent demand from its customer base, contributing to investor confidence despite an initial stock dip immediately following the earnings announcement.
2. Improved Financial Health and Operational Efficiencies. While the company reported a net loss for Q3 2025, it narrowed to $1.2 million, which was an improvement from the $2.0 million loss in the same period of the previous year. Concurrently, Stran achieved improved year-to-date EBITDA, and operating expenses as a percentage of sales decreased to 34.1% in Q3 2025 from 40.4% year-over-year, primarily due to reduced legal and accounting expenses. The company also maintained a strong cash position of $11.8 million with no outstanding debt, highlighting financial stability and disciplined management.
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Stock Movement Drivers
Fundamental Drivers
The 0.0% change in SWAG stock from 10/31/2025 to 1/21/2026 was primarily driven by a 5.4% change in the company's Total Revenues ($ Mil).| 10312025 | 1212026 | Change | |
|---|---|---|---|
| Stock Price ($) | 1.92 | 1.92 | 0.0% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 108 | 114 | 5.4% |
| P/S Multiple | 0.3 | 0.3 | -6.2% |
| Shares Outstanding (Mil) | 19 | 18 | 1.1% |
| Cumulative Contribution | 0.0% |
Market Drivers
10/31/2025 to 1/21/2026| Return | Correlation | |
|---|---|---|
| SWAG | 0.0% | |
| Market (SPY) | 0.5% | 55.2% |
| Sector (XLC) | -0.2% | 45.1% |
Fundamental Drivers
The 32.4% change in SWAG stock from 7/31/2025 to 1/21/2026 was primarily driven by a 23.5% change in the company's Total Revenues ($ Mil).| 7312025 | 1212026 | Change | |
|---|---|---|---|
| Stock Price ($) | 1.45 | 1.92 | 32.4% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 93 | 114 | 23.5% |
| P/S Multiple | 0.3 | 0.3 | 5.9% |
| Shares Outstanding (Mil) | 19 | 18 | 1.2% |
| Cumulative Contribution | 32.4% |
Market Drivers
7/31/2025 to 1/21/2026| Return | Correlation | |
|---|---|---|
| SWAG | 32.4% | |
| Market (SPY) | 8.7% | 32.2% |
| Sector (XLC) | 7.1% | 21.4% |
Fundamental Drivers
The 102.3% change in SWAG stock from 1/31/2025 to 1/21/2026 was primarily driven by a 50.3% change in the company's Total Revenues ($ Mil).| 1312025 | 1212026 | Change | |
|---|---|---|---|
| Stock Price ($) | 0.95 | 1.92 | 102.3% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 76 | 114 | 50.3% |
| P/S Multiple | 0.2 | 0.3 | 33.5% |
| Shares Outstanding (Mil) | 19 | 18 | 0.8% |
| Cumulative Contribution | 102.3% |
Market Drivers
1/31/2025 to 1/21/2026| Return | Correlation | |
|---|---|---|
| SWAG | 102.3% | |
| Market (SPY) | 14.9% | 11.1% |
| Sector (XLC) | 13.0% | 8.6% |
Fundamental Drivers
The 20.8% change in SWAG stock from 1/31/2023 to 1/21/2026 was primarily driven by a 114.5% change in the company's Total Revenues ($ Mil).| 1312023 | 1212026 | Change | |
|---|---|---|---|
| Stock Price ($) | 1.59 | 1.92 | 20.8% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 53 | 114 | 114.5% |
| P/S Multiple | 0.6 | 0.3 | -47.5% |
| Shares Outstanding (Mil) | 20 | 18 | 6.7% |
| Cumulative Contribution | 20.2% |
Market Drivers
1/31/2023 to 1/21/2026| Return | Correlation | |
|---|---|---|
| SWAG | 20.8% | |
| Market (SPY) | 74.9% | 9.8% |
| Sector (XLC) | 114.3% | 6.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SWAG Return | -39% | -79% | 17% | -39% | 84% | 12% | -81% |
| Peers Return | 10% | -38% | 65% | 22% | -2% | 4% | 38% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -1% | 81% |
Monthly Win Rates [3] | |||||||
| SWAG Win Rate | 25% | 33% | 50% | 33% | 75% | 100% | |
| Peers Win Rate | 53% | 38% | 57% | 52% | 47% | 80% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 0% | |
Max Drawdowns [4] | |||||||
| SWAG Max Drawdown | -70% | -80% | -27% | -39% | -15% | 0% | |
| Peers Max Drawdown | -14% | -53% | -17% | -12% | -36% | -3% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[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 1/21/2026 (YTD)
How Low Can It Go
| Event | SWAG | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -90.8% | -25.4% |
| % Gain to Breakeven | 989.1% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
Compare to CMPR, DLX, SGC, QUAD, GIL
In The Past
Stran's stock fell -90.8% during the 2022 Inflation Shock from a high on 9/20/2021. A -90.8% loss requires a 989.1% gain to breakeven.
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Stran & Company, Inc. provides outsourced marketing solutions. The company offers clients custom sourcing services; and e-commerce solutions for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives, print collateral and event assets, order and inventory management, designing and hosting online retail popup shops, fixed public retail online stores, and online business-to-business service offerings. It also provides creative and merchandising services; warehousing/fulfillment and distribution; print-on-demand services; kitting services; point of sale displays; and loyalty and incentive programs. The company was founded in 1994 and is headquartered in Quincy, Massachusetts.
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Here are 1-3 brief analogies for Stran (SWAG):
- Vistaprint for corporate swag
- Amazon for branded business merchandise
- Fanatics for corporate gear (B2B version)
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```html- Promotional Products: A wide array of branded merchandise, including apparel, drinkware, and tech gadgets, used for marketing and brand promotion.
- Branded Merchandise Programs: Development and management of comprehensive programs for clients to source, distribute, and utilize promotional products effectively.
- Company Stores (e-commerce solutions): Creation and operation of custom online stores for clients, allowing employees or customers to easily order branded merchandise.
- Print and Packaging: Solutions for branded print materials, such as brochures, flyers, and custom packaging, to complement their promotional product offerings.
- Marketing & Fulfillment Services: Integrated services including graphic design, warehousing, kitting, and direct-to-consumer fulfillment to support clients' branding initiatives.
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Stran (SWAG) primarily operates as a business-to-business (B2B) provider, offering promotional products, branded merchandise, incentive and reward programs, and marketing and fulfillment services to other companies across various industries.
Based on the company's Form 10-K filing for the fiscal year ended December 31, 2023, Stran disclosed the following regarding its customer concentration:
- One customer accounted for approximately 10% of Stran's total revenue in 2023. This same customer accounted for approximately 11% of total revenue in 2022.
- Collectively, Stran's ten largest customers accounted for approximately 35% of its revenue in 2023.
However, Stran does not publicly disclose the names of its major customers, including the specific customer that represents approximately 10% of its revenue. Therefore, it is not possible to list the names of specific customer companies or their stock symbols based on publicly available information.
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Andy Shape, Co-Founder, President & CEO
Andy Shape is the co-founder and current CEO & President of Stran & Company. He has over 25 years of experience in the promotional and apparel industries. Shape also serves as a Director for Naked Brand Group, a Nasdaq-listed intimate apparel and swimwear company. Before co-founding Stran & Company, he worked as an Account Executive at Copithorne & Bellows Public Relations, focusing on the technology industry.
David Browner, Chief Financial Officer
David Browner is a long-serving manager of Stran's financial operations with expertise in accounting, finance, and business. He was appointed as Stran's Interim Chief Financial Officer in July 2022, having previously served as the company's Controller since July 2021. His responsibilities include preparing quarterly and annual financial reports, managing the finance team, and overseeing special projects. Browner joined Stran in July 2012 and has held several senior financial positions within the company.
Andrew Stranberg, Co-Founder, Executive Chairman
Andrew Stranberg is the co-founder and Executive Chairman of Stran. In 1995, he founded Stran Capital LLC and has since served as its CEO. From 1997 to 2016, Stranberg was Chairman of Stran Technologies, which was subsequently sold to Corning in 2016. He also established Stran Maritime LLC, a joint venture with Atlas Maritime Ltd., and held the position of Office of the Chairman for SFX Entertainment from 2012 to 2014.
Randy Birney, Executive VP
Randy Birney has been with Stran since 1998 and currently serves as the Executive Vice President. His role at the company is centered on business development and strategic vision. Birney is also crucial in managing the day-to-day operations of several large retail and consumer-based program accounts.
Jack Audibert, Vice President of Growth and Strategic Initiatives
Jack Audibert brings over 12 years of experience in investment banking, corporate finance, and strategy consulting to Stran. Since October 2019, he has been the President of Josselin Capital Advisors, Inc., a firm that provides consulting services to high-growth businesses in the consumer sector. Prior to this, Audibert worked in the investment banking group of Sandler O'Neill + Partners, L.P. and as a strategic consultant at Putnam Associates.
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The key risks to Stran (symbol: SWAG) include:
- Nasdaq Non-Compliance and Delayed Filings: Stran & Company has received notifications of deficiency from Nasdaq due to delayed filings of its quarterly reports (Form 10-Q) and annual reports (Form 10-K). These delays were primarily attributed to the dismissal of the company's former independent registered public accounting firm following an SEC order. Such non-compliance poses a significant regulatory risk to the company's listing status.
- Sustained Net Losses and Decreased Gross Profit Margin: Despite experiencing revenue growth, Stran & Company reported a net loss of approximately ($0.4) million in Q1 2025 and ($1.2) million in Q3 2025, compared to ($0.5) million in Q1 2024 and ($2) million in Q3 2024 respectively. The company also saw a decrease in its gross profit margin, falling to 27.2% in Q3 2025 from 29.5% in Q3 2024, partly due to the acquisition of Gander Group, which operates with lower gross margins. This trend indicates challenges in achieving consistent profitability.
- Exposure to Customer Concentration, Non-Payment Risks, and Dependence on Key Personnel: Stran faces risks related to non-payment by customers on a significant portion of its sales and a potential over-reliance on a single customer or group of customers. Additionally, the inability to attract and retain key management or other essential personnel could adversely impact the business operations and results.
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Stran & Company, Inc. (SWAG) primarily provides promotional marketing and branded merchandise services. These services encompass a wide range of offerings, including custom-branded merchandise such as apparel, drinkware, office supplies, and tech accessories, alongside marketing services, e-commerce solutions, and fulfillment and logistics. The addressable markets for Stran's main products and services are as follows:Promotional Products Market
- U.S. Market: The annual sales revenue of the distributor promotional products industry in the United States is estimated to be $27.8 billion in 2025. Another estimate places the U.S. promotional products market size at $20.8 billion in 2025.
- Global Market: The global promotional products market was valued at approximately USD 26.55 billion in 2025 and is projected to reach USD 36.98 billion by 2033. Other estimates indicate the global promotional products market size was recorded at $84.076 billion in 2021, expected to reach $97.415 billion by the end of 2025, and projected to grow to $130.776 billion by 2033. Additionally, some reports valued the global market at USD 90.5 billion in 2023.
Licensed Merchandise Market (related to Branded Merchandise)
- U.S. Market: The U.S. licensed merchandise market was valued at $20.5 billion in 2023.
- Global Market: The global licensed merchandise market is projected to reach $337.6 billion by the end of 2025 and $489.367 billion by 2033. Other estimates forecast the global licensed merchandise market to be valued at USD 311.64 billion in 2025 and reach approximately USD 492.36 billion by 2035. Another report estimates the global market for licensed merchandise at US$377.0 billion in 2024, expected to reach US$489.8 billion by 2030.
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Stran (NASDAQ: SWAG) is poised for future revenue growth over the next 2-3 years, driven by several key strategic initiatives and market opportunities.
- Acquisition and Integration of Gander Group (Stran Loyalty Solutions): The August 2024 acquisition of Gander Group's assets has significantly expanded Stran's presence, particularly in the hospitality and entertainment sectors. This acquisition is expected to continue to drive revenue growth through the contributions of the Stran Loyalty Solutions (SLS) segment and significant cross-selling opportunities across existing and new verticals.
- Accelerated Organic Growth: Stran's management has consistently emphasized accelerating organic growth as a core priority. The company demonstrated strong organic performance, achieving 30.4% organic growth in Q2 2025. This indicates an ability to grow its core promotional products and marketing solutions business independently.
- Expansion into New Markets and Enhanced Client Engagement: The Gander Group acquisition specifically strengthened Stran's foothold in the gaming, casino, and entertainment industries, with plans for cross-selling across various verticals. Stran also focuses on developing long-term relationships with clients, including Fortune 500 companies, across a diverse range of industries, which provides avenues for deeper client partnerships and market penetration.
- Strategic Acquisitions: Beyond the Gander Group, Stran's strategy involves opportunistic strategic acquisitions to further expand its market presence and enhance its sales capabilities. This approach allows the company to quickly gain new clients, expertise, and market share.
- Technology Integration and Operational Efficiency: The successful implementation of the NetSuite ERP system in January 2025 is a critical operational improvement that management has called a "game changer". While not a direct revenue driver, this technology integration enhances operational efficiency, streamlines processes, and improves the overall value proposition, which can support scalable revenue growth and better client service.
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Share Repurchases
- Stran & Company's Board of Directors authorized a stock repurchase program of up to $10 million in February 2022.
- As of June 30, 2023, the company had repurchased approximately $3.3 million worth of stock.
- During the second quarter of 2025, Stran repurchased over 110,000 shares at an average price of $1.32, for a total investment of approximately $145,600.
Share Issuance
- In December 2021, Stran & Company announced a private placement to institutional investors to purchase approximately $21.7 million worth of its common stock and warrants. This included the sale of 4,371,926 shares of common stock and warrants to purchase 5,464,907 shares of common stock at a purchase price of $4.97 per share.
Outbound Investments
- In August 2024, Stran acquired the strategic assets of Gander Group, a leader in casino continuity and loyalty programs which generated over $34 million in revenue in 2023.
- From January 2022 to June 2023, Stran completed several acquisitions, including G.A.P. Promotions, Trend Promotional Marketing Corporation (d/b/a Trend Brand Solutions), Premier Business Services, and T R Miller Co., Inc.
- The company plans to continue selectively pursuing acquisitions to increase market share, expand geographically, and acquire businesses with complementary offerings such as packaging, loyalty & incentive programs, and event services.
Capital Expenditures
- Capital expenditures, represented as net change in property, plant, and equipment, were approximately -$0.18 million in 2020, -$0.39 million in 2021, -$0.63 million in 2022, -$1.00 million in 2023, and -$0.60 million in 2024.
- The primary focus of capital expenditures has been on investing in and upgrading the company's technology infrastructure, including its platform for customer e-commerce objectives, built on Adobe's open-source e-commerce platform, Magento Open Source.
- Stran also invests in efficient ordering and logistics technology to enhance order processing, warehousing, and fulfillment capabilities.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Stran Earnings Notes | 12/16/2025 | |
| Can Stran Stock Recover If Markets Fall? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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Peer Comparisons for Stran
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 17.25 |
| Mkt Cap | 0.7 |
| Rev LTM | 2,308 |
| Op Inc LTM | 182 |
| FCF LTM | 61 |
| FCF 3Y Avg | 73 |
| CFO LTM | 109 |
| CFO 3Y Avg | 132 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 1.6% |
| Rev Chg 3Y Avg | 0.2% |
| Rev Chg Q | 2.2% |
| QoQ Delta Rev Chg LTM | 0.6% |
| Op Mgn LTM | 5.9% |
| Op Mgn 3Y Avg | 5.4% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 4.4% |
| CFO/Rev 3Y Avg | 6.9% |
| FCF/Rev LTM | 2.4% |
| FCF/Rev 3Y Avg | 4.3% |
Price Behavior
Price Behavior
| Market Price | $1.92 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 09/20/2021 | |
| Distance from 52W High | -42.7% | |
| 50 Days | 200 Days | |
| DMA Price | $2.03 | $1.62 |
| DMA Trend | up | up |
| Distance from DMA | -5.5% | 18.8% |
| 3M | 1YR | |
| Volatility | 128.9% | 89.7% |
| Downside Capture | 457.33 | 87.86 |
| Upside Capture | 452.16 | 159.00 |
| Correlation (SPY) | 50.4% | 11.5% |
SWAG Betas & Captures as of 12/31/2025
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.96 | 7.22 | 4.18 | 2.63 | 0.50 | 0.41 |
| Up Beta | -11.95 | 13.00 | 7.02 | 2.98 | -0.17 | 0.04 |
| Down Beta | 1.96 | 6.87 | 2.69 | 3.08 | 0.40 | 0.22 |
| Up Capture | 21% | 636% | 503% | 267% | 189% | 40% |
| Bmk +ve Days | 11 | 23 | 37 | 72 | 143 | 431 |
| Stock +ve Days | 8 | 19 | 33 | 62 | 119 | 328 |
| Down Capture | 406% | 463% | 324% | 201% | 101% | 91% |
| Bmk -ve Days | 11 | 18 | 27 | 55 | 108 | 320 |
| Stock -ve Days | 13 | 20 | 27 | 57 | 118 | 355 |
[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 | 140.5% | 89.6% | 1.36 | - |
| Sector ETF (XLC) | 18.8% | 18.4% | 0.80 | 8.2% |
| Equity (SPY) | 15.8% | 19.3% | 0.63 | 11.4% |
| Gold (GLD) | 79.5% | 20.4% | 2.78 | 10.8% |
| Commodities (DBC) | 5.7% | 15.3% | 0.16 | 13.7% |
| Real Estate (VNQ) | 5.8% | 16.7% | 0.17 | 5.1% |
| Bitcoin (BTCUSD) | -14.7% | 39.8% | -0.31 | 13.3% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SWAG | |
|---|---|---|---|---|
| SWAG | -15.6% | 76.6% | 0.11 | - |
| Sector ETF (XLC) | 12.9% | 20.9% | 0.52 | 12.0% |
| Equity (SPY) | 14.0% | 17.1% | 0.66 | 13.9% |
| Gold (GLD) | 20.8% | 15.7% | 1.07 | 6.1% |
| Commodities (DBC) | 11.4% | 18.7% | 0.49 | 4.6% |
| Real Estate (VNQ) | 5.7% | 18.8% | 0.21 | 11.5% |
| Bitcoin (BTCUSD) | 19.0% | 58.0% | 0.53 | 7.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SWAG | |
|---|---|---|---|---|
| SWAG | -15.6% | 76.6% | 0.11 | - |
| Sector ETF (XLC) | 12.6% | 22.5% | 0.52 | 12.0% |
| Equity (SPY) | 15.3% | 18.0% | 0.73 | 13.9% |
| Gold (GLD) | 15.7% | 14.9% | 0.87 | 6.1% |
| Commodities (DBC) | 8.2% | 17.6% | 0.38 | 4.6% |
| Real Estate (VNQ) | 5.8% | 20.8% | 0.25 | 11.5% |
| Bitcoin (BTCUSD) | 70.3% | 66.7% | 1.09 | 7.8% |
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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 | -17.9% | -40.9% | -42.4% |
| 8/1/2025 | 0.7% | -3.4% | 16.6% |
| 3/7/2025 | -6.9% | -8.8% | -8.8% |
| 12/23/2024 | 0.1% | -2.9% | 5.5% |
| 6/28/2024 | -0.9% | 0.0% | 18.6% |
| 3/19/2024 | -3.7% | 5.9% | -10.4% |
| 10/31/2023 | 3.1% | 29.9% | 43.9% |
| 8/7/2023 | -3.8% | -2.3% | -9.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 6 | 6 | 5 |
| # Negative | 6 | 6 | 7 |
| Median Positive | 2.5% | 7.3% | 16.6% |
| Median Negative | -3.7% | -3.9% | -8.8% |
| Max Positive | 20.4% | 29.9% | 43.9% |
| Max Negative | -17.9% | -40.9% | -42.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/12/2025 | 10-Q (09/30/2025) |
| 06/30/2025 | 08/12/2025 | 10-Q (06/30/2025) |
| 03/31/2025 | 05/15/2025 | 10-Q (03/31/2025) |
| 12/31/2024 | 04/14/2025 | 10-K (12/31/2024) |
| 09/30/2024 | 03/07/2025 | 10-Q (09/30/2024) |
| 06/30/2024 | 02/11/2025 | 10-Q (06/30/2024) |
| 03/31/2024 | 02/11/2025 | 10-Q (03/31/2024) |
| 12/31/2023 | 03/28/2024 | 10-K (12/31/2023) |
| 09/30/2023 | 11/06/2023 | 10-Q (09/30/2023) |
| 06/30/2023 | 08/14/2023 | 10-Q (06/30/2023) |
| 03/31/2023 | 05/15/2023 | 10-Q (03/31/2023) |
| 12/31/2022 | 03/30/2023 | 10-K (12/31/2022) |
| 09/30/2022 | 11/14/2022 | 10-Q (09/30/2022) |
| 06/30/2022 | 08/15/2022 | 10-Q (06/30/2022) |
| 03/31/2022 | 05/13/2022 | 10-Q (03/31/2022) |
| 12/31/2021 | 03/28/2022 | 10-K (12/31/2021) |
Insider Activity
Expand for More| # | 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 |
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