Trio-Tech International (TRT)
Market Price (2/24/2026): $4.6 | Market Cap: $40.0 MilSector: Information Technology | Industry: Semiconductor Materials & Equipment
Trio-Tech International (TRT)
Market Price (2/24/2026): $4.6Market Cap: $40.0 MilSector: Information TechnologyIndustry: Semiconductor Materials & Equipment
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 -32% | Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 150x |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 28% | 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 -4.5% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -33% | High stock price volatilityVol 12M is 126% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, Electric Vehicles & Autonomous Driving, and 5G & Advanced Connectivity. Themes include AI Chips, Show more. | Key risksTRT key risks include [1] its reliance on a declining Chinese market impacting its semiconductor business and [2] a profitability squeeze from its strategic pivot to lower-margin AI chip testing. |
| 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 -32% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 28% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -33% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, Electric Vehicles & Autonomous Driving, and 5G & Advanced Connectivity. Themes include AI Chips, Show more. |
| Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 150x |
| 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 -4.5% |
| High stock price volatilityVol 12M is 126% |
| Key risksTRT key risks include [1] its reliance on a declining Chinese market impacting its semiconductor business and [2] a profitability squeeze from its strategic pivot to lower-margin AI chip testing. |
Qualitative Assessment
AI Analysis | Feedback
1. Trio-Tech International reported significant year-over-year revenue growth for its fiscal first and second quarters of 2026. For Q1 FY2026, ended September 30, 2025, total revenue increased 58% to $15.5 million, with the Semiconductor Back-End Solutions segment growing 66% to $11.4 million. In Q2 FY2026, ended December 31, 2025, total revenue jumped 82% to $15.6 million, and the Semiconductor Back-End Solutions segment saw a 113% increase, reaching $12.4 million.
2. Strong demand for advanced semiconductor testing services in high-growth markets, particularly AI compute chips and EV power devices, significantly propelled revenue. Both the Q1 and Q2 FY2026 financial results highlighted this increased demand as a primary driver for the substantial growth within the Semiconductor Back-End Solutions segment. Additionally, the Industrial Electronics segment also demonstrated consistent growth, reflecting steady demand across industrial and commercial applications and expansion into new aerospace channels.
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Stock Movement Drivers
Fundamental Drivers
The 24.1% change in TRT stock from 10/31/2025 to 2/23/2026 was primarily driven by a 34.9% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 10312025 | 2232026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.69 | 4.58 | 24.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 36 | 49 | 34.9% |
| P/S Multiple | 0.9 | 0.8 | -7.2% |
| Shares Outstanding (Mil) | 9 | 9 | -0.9% |
| Cumulative Contribution | 24.1% |
Market Drivers
10/31/2025 to 2/23/2026| Return | Correlation | |
|---|---|---|
| TRT | 24.1% | |
| Market (SPY) | 0.0% | -9.7% |
| Sector (XLK) | -7.9% | -0.7% |
Fundamental Drivers
The 68.4% change in TRT stock from 7/31/2025 to 2/23/2026 was primarily driven by a 38.5% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 7312025 | 2232026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.72 | 4.58 | 68.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 36 | 49 | 38.5% |
| P/S Multiple | 0.7 | 0.8 | 23.8% |
| Shares Outstanding (Mil) | 9 | 9 | -1.8% |
| Cumulative Contribution | 68.4% |
Market Drivers
7/31/2025 to 2/23/2026| Return | Correlation | |
|---|---|---|
| TRT | 68.4% | |
| Market (SPY) | 8.3% | -4.8% |
| Sector (XLK) | 5.6% | 1.9% |
Fundamental Drivers
The 51.4% change in TRT stock from 1/31/2025 to 2/23/2026 was primarily driven by a 32.6% change in the company's P/S Multiple.| (LTM values as of) | 1312025 | 2232026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.03 | 4.58 | 51.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 42 | 49 | 16.8% |
| P/S Multiple | 0.6 | 0.8 | 32.6% |
| Shares Outstanding (Mil) | 8 | 9 | -2.3% |
| Cumulative Contribution | 51.4% |
Market Drivers
1/31/2025 to 2/23/2026| Return | Correlation | |
|---|---|---|
| TRT | 51.4% | |
| Market (SPY) | 14.4% | -0.5% |
| Sector (XLK) | 20.6% | 1.6% |
Fundamental Drivers
The 77.9% change in TRT stock from 1/31/2023 to 2/23/2026 was primarily driven by a 76.7% change in the company's P/S Multiple.| (LTM values as of) | 1312023 | 2232026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.58 | 4.58 | 77.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 46 | 49 | 7.4% |
| P/S Multiple | 0.5 | 0.8 | 76.7% |
| Shares Outstanding (Mil) | 8 | 9 | -6.2% |
| Cumulative Contribution | 77.9% |
Market Drivers
1/31/2023 to 2/23/2026| Return | Correlation | |
|---|---|---|
| TRT | 77.9% | |
| Market (SPY) | 74.1% | 3.2% |
| Sector (XLK) | 107.9% | 5.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| TRT Return | 239% | -66% | 13% | 15% | 356% | -65% | 132% |
| Peers Return | 38% | -32% | 21% | 3% | 40% | 45% | 134% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 84% |
Monthly Win Rates [3] | |||||||
| TRT Win Rate | 58% | 50% | 58% | 50% | 67% | 0% | |
| Peers Win Rate | 55% | 38% | 58% | 48% | 55% | 90% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| TRT Max Drawdown | -0% | -70% | -5% | -2% | -17% | -65% | |
| Peers Max Drawdown | -12% | -44% | -14% | -21% | -44% | -2% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: COHU, FORM, ASYS, KLIC, TER.
[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 2/23/2026 (YTD)
How Low Can It Go
| Event | TRT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -69.8% | -25.4% |
| % Gain to Breakeven | 230.8% | 34.1% |
| Time to Breakeven | 1,192 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -52.9% | -33.9% |
| % Gain to Breakeven | 112.4% | 51.3% |
| Time to Breakeven | 321 days | 148 days |
| 2018 Correction | ||
| % Loss | -70.6% | -19.8% |
| % Gain to Breakeven | 240.7% | 24.7% |
| Time to Breakeven | 1,051 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -95.1% | -56.8% |
| % Gain to Breakeven | 1943.0% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1,480 days |
Compare to COHU, FORM, ASYS, KLIC, TER
In The Past
Trio-Tech International's stock fell -69.8% during the 2022 Inflation Shock from a high on 12/31/2021. A -69.8% loss requires a 230.8% gain to breakeven.
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About Trio-Tech International (TRT)
AI Analysis | Feedback
- Trio-Tech is the Applied Materials for semiconductor testing equipment and services.
- Trio-Tech is like **KLA Corporation** for outsourced semiconductor reliability and test services.
AI Analysis | Feedback
- Manufacturing and Distribution: Produces and distributes semiconductor manufacturing equipment, parts, and various other industrial products.
- Testing Services: Provides a range of testing services for semiconductor devices, including burn-in, reliability, and environmental testing.
- Lab Services: Offers failure analysis, counterfeit detection, and other specialized analytical services for electronic components.
AI Analysis | Feedback
Trio-Tech International (TRT) primarily sells to other companies (B2B) within the global semiconductor and electronics industries. The company's products and services include manufacturing, testing, and distribution for semiconductor components, as well as the production of high-reliability power semiconductors and test equipment.
Based on Trio-Tech International's latest annual report (10-K filing for the fiscal year ended June 30, 2023), no single customer accounted for 10% or more of the company's consolidated revenue. Due to this diversification, Trio-Tech International does not publicly disclose specific "major customer companies" by name, as is typically required for customers representing a material portion of revenue.
Therefore, while TRT serves a broad array of companies involved in semiconductor manufacturing, electronics production, and related industries, no individual customer is identified as "major" in its financial disclosures.
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Here is the management team for Trio-Tech International (TRT):Siew Wai Yong, President, Chief Executive Officer, and Chairman
Mr. Yong joined Trio-Tech International Pte Ltd in Singapore in 1976 and was appointed as its Managing Director in August 1980. He has served as a director, Chief Executive Officer, and President of the Company since September 1990 and was elected Chairman of the Board in September 2023. Mr. Yong holds a Master's Degree in Business Administration, a Graduate Diploma in Marketing Management, and a Diploma in Industrial Management. His leadership has been instrumental in guiding Trio-Tech through significant growth and technological advancement.
Anitha Srinivasan, Chief Financial Officer
Ms. Srinivasan was appointed as Chief Financial Officer of Trio-Tech International, effective July 1, 2022. She is a Chartered Accountant and a Certified Internal Auditor, possessing over twenty years of diversified experience in audit, finance, and corporate consulting. Prior to her appointment as CFO, Ms. Srinivasan served as a consultant to the Company for more than five years and was the Internal Audit Team Leader. In her role, she oversees all financial operations, including planning, risk management, record-keeping, and financial reporting.
Hwee Poh Lim, Senior Corporate Vice President & Chief Operating Officer of the Testing Group
Mr. Lim is responsible for the strategic direction and operational execution of Trio-Tech’s extensive testing services, overseeing the daily management of the testing divisions to ensure efficiency, quality, and the delivery of advanced solutions to clients. He brings extensive experience in the fields of testing and operations, which has been crucial in driving innovation and optimizing processes within his divisions.
Soon Lee Siew Kuan, Vice-President
Ms. Soon Lee Siew Kuan is a Vice-President at Trio-Tech International, where she contributes her expertise to the company's strategic leadership and operational management.
AI Analysis | Feedback
The key risks to Trio-Tech International's (TRT) business operations are primarily concentrated in geopolitical tensions, profitability challenges from its strategic shift, and ongoing supply chain volatility.
- Geopolitical Pressures and China Market Reliance: Trio-Tech International faces significant challenges from geopolitical pressures and a decline in demand within the Chinese market. This has particularly impacted its Semiconductor Back-End Solutions segment, a critical part of its business. Ongoing trade tensions and broader market pressures in China have contributed to a slowdown in demand for testing services. The company's 10-K filings also highlight risks associated with conducting business internationally, especially in Asia, including currency fluctuations, local laws, and political instability.
- Margin Squeeze from AI Chip Testing and Profitability: While Trio-Tech International is experiencing a "massive strategic shift" towards AI chip testing, driven by explosive demand, this new venture involves a trade-off of higher volume for lower margins. This strategic pivot has led to a compression of the gross margin, falling to 17% in Q1 Fiscal 2026 due to the lower-margin nature of AI testing services. Despite recent revenue growth in this area, the company recorded a net loss and significantly reduced income from operations in Fiscal Year 2025, indicating a struggle to translate increased revenue into bottom-line profit.
- Supply Chain Volatility: The company is exposed to "classic supply chain volatility," which has led to delays that affected the Industrial Electronics segment's revenue in Q3 Fiscal 2025. Broader potential supply chain disruptions in global technology markets, including semiconductor chip shortages and raw material price volatility, remain a critical concern for technology manufacturers like Trio-Tech International.
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nullAI Analysis | Feedback
Trio-Tech International (TRT) primarily operates in the semiconductor industry, offering manufacturing of test equipment, testing services, and distribution of semiconductor equipment and electronic components. The core business, heavily focused on semiconductors, accounted for 99.9% of its total revenue for the fiscal years ended June 30, 2023, and 2022.
The addressable markets for Trio-Tech International's main products and services are:
-
Semiconductor Test Equipment Market (Global): This market, which includes automated test equipment (ATE), wafer probing systems, and burn-in equipment, was valued at approximately USD 13.09 billion in 2024. It is projected to grow to about USD 21.72 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 6.64% during the forecast period. The Asia-Pacific region is a dominant force in this market, holding a significant share of global revenue.
-
Burn-in Test System for Semiconductor Market (Global): A specific segment within semiconductor testing, this market was valued at approximately USD 1.8 billion in 2024 and is anticipated to reach USD 3.2 billion by 2033, demonstrating a CAGR of 6.7% from 2025 to 2033. The Asia-Pacific region leads this market due to a concentration of semiconductor manufacturing facilities, holding over 45% market share.
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Trio-Tech International (TRT) is expected to drive future revenue growth over the next two to three years through several strategic initiatives and market opportunities:
- Diversification and Growth of the Industrial Electronics (IE) Segment: Trio-Tech International is experiencing strong momentum in its Industrial Electronics segment, which is expanding into both existing and new end markets, including the aerospace channel. The company is also broadening its portfolio as a design-in reseller of advanced camera modules, LCD displays, and touch screen panels, contributing to significant revenue increases in this segment.
- Strategic Expansion and Resilience in Semiconductor Back-End Solutions (SBS) in Southeast Asia: Despite headwinds in China, Trio-Tech's Semiconductor Back-End Solutions operations are showing resilience in Singapore, Malaysia, and Thailand. This growth is driven by customers shifting their supply chains to these regions due to tariffs and geopolitical tensions, positioning the company to capitalize on this industry transformation.
- Launch and Shipments of Dynamic Tester Systems for SiC and GaN Power Modules: The company has begun shipping dynamic tester systems specifically designed for the growing Silicon Carbide (SiC) and Gallium Nitride (GaN) power module markets. These advanced materials are critical for high-performance applications such as industrial power systems, electric vehicles, and artificial intelligence, representing a new product offering with significant growth potential. Trio-Tech is actively engaging with new customers for these high-efficiency power solutions.
- Growth in Value-Added Distribution Services: Trio-Tech's value-added distribution segment saw a 32% increase in revenue in fiscal year 2024, primarily due to strong sales of display products. The company aims to further enhance this segment by positioning itself as a value-added reseller, customizing distributed products through expert engineering, integration, and sub-assembly services, which is expected to drive its recovery and growth.
- Securing Mass Production Orders for Next-Generation Systems: Trio-Tech International has secured a mass production order for key components of a third-generation point-of-sale (POS) system for a long-standing customer in the hospitality industry. This demonstrates sustained demand from existing customer relationships and the company's capability to participate in new product cycles.
AI Analysis | Feedback
Share Repurchases
- Trio-Tech International authorized a share repurchase program of up to $1.0 million over two years, announced on May 13, 2025.
- As of June 30, 2025, no shares had been repurchased under the authorized program.
Outbound Investments
- Trio-Tech(Jiangsu) Co. Ltd. was established in January 2022.
Capital Expenditures
- Capital expenditures totaled $4,584,000 for the fiscal year ended June 30, 2023.
- Capital expenditures were $1,468,000 for the fiscal year ended June 30, 2022.
- Fiscal 2023 capital expenditures primarily focused on operations in Singapore, China, Malaysia, and Thailand to enhance testing services for customers.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Trio-Tech International Earnings Notes | 12/16/2025 | |
| Is Trio-Tech International Stock Built to Withstand a Pullback? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to TRT.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 01302026 | ROP | Roper Technologies | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -9.6% | -9.6% | -15.0% |
| 01302026 | TDC | Teradata | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -1.4% | -1.4% | -8.7% |
| 01302026 | CVLT | CommVault Systems | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -0.8% | -0.8% | -5.1% |
| 01302026 | NTNX | Nutanix | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -5.0% | -5.0% | -6.3% |
| 01302026 | FICO | Fair Isaac | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -12.4% | -12.4% | -12.4% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 49.74 |
| Mkt Cap | 2.5 |
| Rev LTM | 570 |
| Op Inc LTM | -2 |
| FCF LTM | 9 |
| FCF 3Y Avg | 25 |
| CFO LTM | 59 |
| CFO 3Y Avg | 60 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.4% |
| Rev Chg 3Y Avg | -6.3% |
| Rev Chg Q | 12.2% |
| QoQ Delta Rev Chg LTM | 3.1% |
| Op Mgn LTM | -1.5% |
| Op Mgn 3Y Avg | 0.4% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 12.4% |
| CFO/Rev 3Y Avg | 9.2% |
| FCF/Rev LTM | 6.6% |
| FCF/Rev 3Y Avg | 4.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.5 |
| P/S | 4.2 |
| P/EBIT | 44.7 |
| P/E | -12.3 |
| P/CFO | 43.6 |
| Total Yield | -0.3% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 1.9% |
| D/E | 0.0 |
| Net D/E | -0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 13.9% |
| 3M Rtn | 62.5% |
| 6M Rtn | 90.3% |
| 12M Rtn | 95.8% |
| 3Y Rtn | 70.7% |
| 1M Excs Rtn | 10.7% |
| 3M Excs Rtn | 72.4% |
| 6M Excs Rtn | 95.4% |
| 12M Excs Rtn | 72.3% |
| 3Y Excs Rtn | 3.6% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 |
|---|---|---|
| Testing Services | 15 | |
| Manufacturing | 15 | 13 |
| Distribution | 5 | 3 |
| Real Estate | 0 | 0 |
| Testing services | 18 | |
| Total | 34 | 34 |
| $ Mil | 2025 | 2024 |
|---|---|---|
| Testing Services | 1 | |
| Manufacturing | 0 | -0 |
| Distribution | 0 | 0 |
| Corporate/Others & Unallocated | 0 | |
| Real Estate | -0 | -0 |
| Corporate and unallocated | -0 | |
| Testing services | 2 | |
| Total | 1 | 1 |
| $ Mil | 2025 | 2024 |
|---|---|---|
| Testing Services | 20 | |
| Manufacturing | 8 | 6 |
| Real Estate | 3 | 4 |
| Distribution | 1 | 1 |
| Corporate/Others & Unallocated | 0 | |
| Fabrication Services | 0 | |
| Corporate and unallocated | 0 | |
| Fabrication service | 0 | |
| Testing services | 22 | |
| Total | 32 | 32 |
Price Behavior
| Market Price | $4.58 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 04/24/1995 | |
| Distance from 52W High | -67.1% | |
| 50 Days | 200 Days | |
| DMA Price | $6.47 | $3.84 |
| DMA Trend | up | up |
| Distance from DMA | -29.2% | 19.2% |
| 3M | 1YR | |
| Volatility | 242.4% | 127.7% |
| Downside Capture | -565.06 | -98.99 |
| Upside Capture | -448.48 | -38.71 |
| Correlation (SPY) | -9.3% | -0.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -5.03 | -4.82 | -2.57 | -0.93 | -0.04 | 0.17 |
| Up Beta | -4.86 | -2.59 | -0.40 | 0.98 | -0.08 | 0.27 |
| Down Beta | -2.79 | 1.11 | 2.28 | 0.51 | 0.97 | 0.75 |
| Up Capture | -1093% | -425% | -232% | -40% | -14% | 0% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 6 | 21 | 31 | 66 | 121 | 360 |
| Down Capture | -10% | -1755% | -1167% | -638% | -248% | -130% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 14 | 20 | 30 | 55 | 116 | 354 |
[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 TRT | |
|---|---|---|---|---|
| TRT | 41.1% | 127.8% | 0.78 | - |
| Sector ETF (XLK) | 15.4% | 27.6% | 0.50 | 1.8% |
| Equity (SPY) | 12.8% | 19.4% | 0.50 | -0.3% |
| Gold (GLD) | 79.1% | 25.7% | 2.25 | -11.0% |
| Commodities (DBC) | 7.7% | 16.9% | 0.27 | -9.2% |
| Real Estate (VNQ) | 6.6% | 16.7% | 0.21 | 1.2% |
| Bitcoin (BTCUSD) | -30.9% | 44.9% | -0.69 | -2.9% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with TRT | |
|---|---|---|---|---|
| TRT | 9.9% | 81.7% | 0.45 | - |
| Sector ETF (XLK) | 15.8% | 24.8% | 0.58 | 15.2% |
| Equity (SPY) | 13.2% | 17.0% | 0.61 | 14.3% |
| Gold (GLD) | 23.6% | 17.1% | 1.12 | -1.3% |
| Commodities (DBC) | 10.7% | 19.0% | 0.45 | -0.4% |
| Real Estate (VNQ) | 5.1% | 18.8% | 0.18 | 13.0% |
| Bitcoin (BTCUSD) | 6.7% | 57.1% | 0.34 | 5.4% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with TRT | |
|---|---|---|---|---|
| TRT | 13.3% | 68.5% | 0.46 | - |
| Sector ETF (XLK) | 22.9% | 24.2% | 0.86 | 14.4% |
| Equity (SPY) | 15.7% | 17.9% | 0.75 | 14.0% |
| Gold (GLD) | 15.1% | 15.6% | 0.81 | 1.0% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 5.2% |
| Real Estate (VNQ) | 6.9% | 20.7% | 0.30 | 12.0% |
| Bitcoin (BTCUSD) | 67.8% | 66.8% | 1.07 | 5.9% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/13/2026 | 2.1% | -18.6% | |
| 9/19/2025 | 3.6% | 3.6% | 33.9% |
| 5/13/2025 | -6.2% | -4.5% | 1.3% |
| 2/13/2025 | -1.1% | -5.3% | -0.9% |
| 9/23/2024 | 1.1% | 2.7% | 25.4% |
| 5/14/2024 | -4.8% | 4.8% | -1.1% |
| 2/12/2024 | 0.0% | 0.9% | 1.4% |
| 9/27/2023 | -23.3% | -10.4% | -16.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 10 | 11 |
| # Negative | 11 | 9 | 7 |
| Median Positive | 1.6% | 3.0% | 11.2% |
| Median Negative | -3.0% | -4.9% | -3.0% |
| Max Positive | 22.1% | 6.7% | 33.9% |
| Max Negative | -23.3% | -18.6% | -22.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/13/2026 | 10-Q |
| 09/30/2025 | 11/14/2025 | 10-Q |
| 06/30/2025 | 09/19/2025 | 10-K |
| 03/31/2025 | 05/13/2025 | 10-Q |
| 12/31/2024 | 02/13/2025 | 10-Q |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 09/23/2024 | 10-K |
| 03/31/2024 | 05/13/2024 | 10-Q |
| 12/31/2023 | 02/12/2024 | 10-Q |
| 09/30/2023 | 11/13/2023 | 10-Q |
| 06/30/2023 | 09/27/2023 | 10-K |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 02/10/2023 | 10-Q |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 09/23/2022 | 10-K |
| 03/31/2022 | 05/16/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Adelman, Jason T | Direct | Sell | 2282025 | 6.88 | 3,000 | 20,640 | 185,760 | Form | |
| 2 | Adelman, Jason T | Direct | Sell | 2282025 | 6.69 | 3,000 | 20,070 | 160,560 | Form | |
| 3 | Adelman, Jason T | Direct | Sell | 2282025 | 7.39 | 2,000 | 14,780 | 162,580 | Form | |
| 4 | Adelman, Jason T | Direct | Sell | 2282025 | 7.32 | 2,000 | 14,640 | 146,400 | Form | |
| 5 | Adelman, Jason T | Direct | Sell | 2282025 | 6.00 | 2,000 | 12,000 | 108,000 | 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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