Where Food Comes From (WFCF)
Market Price (5/20/2026): $12.97 | Market Cap: $65.6 MilSector: Information Technology | Industry: Technology Hardware, Storage & Peripherals
Where Food Comes From (WFCF)
Market Price (5/20/2026): $12.97Market Cap: $65.6 MilSector: Information TechnologyIndustry: Technology Hardware, Storage & Peripherals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include Sustainable Consumption, Health & Wellness Trends, and Vegan & Alternative Foods. Themes include Eco-friendly Products, Show more. | Weak multi-year price returns2Y Excs Rtn is -35%, 3Y Excs Rtn is -88% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.8% Key risksWFCF key risks include [1] a decline in market demand for its third-party verified products. |
| Megatrend and thematic driversMegatrends include Sustainable Consumption, Health & Wellness Trends, and Vegan & Alternative Foods. Themes include Eco-friendly Products, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -35%, 3Y Excs Rtn is -88% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.8% |
| Key risksWFCF key risks include [1] a decline in market demand for its third-party verified products. |
Qualitative Assessment
AI Analysis | Feedback
1. Return to Profitability and Improved Net Income: Where Food Comes From reported a net income of $92,000, or $0.02 per diluted share, in Q1 2026, a substantial increase from $31,000, or $0.01 per diluted share, in Q1 2025. This positive financial turnaround contributed to investor optimism.
2. Effective Cost Management: The company demonstrated strong cost control by reducing Selling, General and Administrative (SG&A) expenses by 15% to $1.7 million in Q1 2026, down from $2.1 million in the prior-year quarter. This reduction, partially attributed to management foregoing 2025 bonus compensation, was instrumental in achieving profitability despite a dip in gross margins.
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Stock Movement Drivers
Fundamental Drivers
The 13.5% change in WFCF stock from 1/31/2026 to 5/19/2026 was primarily driven by a 83.7% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 5192026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.10 | 12.60 | 13.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 26 | 25 | -2.1% |
| Net Income Margin (%) | 10.6% | 6.4% | -39.6% |
| P/E Multiple | 21.7 | 39.9 | 83.7% |
| Shares Outstanding (Mil) | 5 | 5 | 4.5% |
| Cumulative Contribution | 13.5% |
Market Drivers
1/31/2026 to 5/19/2026| Return | Correlation | |
|---|---|---|
| WFCF | 13.5% | |
| Market (SPY) | 6.3% | 11.0% |
| Sector (XLK) | 20.6% | 5.6% |
Fundamental Drivers
The 0.1% change in WFCF stock from 10/31/2025 to 5/19/2026 was primarily driven by a 23.0% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 5192026 | Change |
|---|---|---|---|
| Stock Price ($) | 12.59 | 12.60 | 0.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 26 | 25 | -2.4% |
| Net Income Margin (%) | 8.0% | 6.4% | -20.0% |
| P/E Multiple | 32.4 | 39.9 | 23.0% |
| Shares Outstanding (Mil) | 5 | 5 | 4.3% |
| Cumulative Contribution | 0.1% |
Market Drivers
10/31/2025 to 5/19/2026| Return | Correlation | |
|---|---|---|
| WFCF | 0.1% | |
| Market (SPY) | 8.2% | 10.4% |
| Sector (XLK) | 15.5% | 6.5% |
Fundamental Drivers
The 14.3% change in WFCF stock from 4/30/2025 to 5/19/2026 was primarily driven by a 51.2% change in the company's P/E Multiple.| (LTM values as of) | 4302025 | 5192026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.02 | 12.60 | 14.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 26 | 25 | -3.0% |
| Net Income Margin (%) | 8.2% | 6.4% | -22.4% |
| P/E Multiple | 26.4 | 39.9 | 51.2% |
| Shares Outstanding (Mil) | 5 | 5 | 0.4% |
| Cumulative Contribution | 14.3% |
Market Drivers
4/30/2025 to 5/19/2026| Return | Correlation | |
|---|---|---|
| WFCF | 14.3% | |
| Market (SPY) | 33.8% | 10.2% |
| Sector (XLK) | 66.0% | 5.7% |
Fundamental Drivers
The -8.7% change in WFCF stock from 4/30/2023 to 5/19/2026 was primarily driven by a -20.4% change in the company's Net Income Margin (%).| (LTM values as of) | 4302023 | 5192026 | Change |
|---|---|---|---|
| Stock Price ($) | 13.80 | 12.60 | -8.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 25 | 25 | 0.6% |
| Net Income Margin (%) | 8.0% | 6.4% | -20.4% |
| P/E Multiple | 39.9 | 39.9 | 0.0% |
| Shares Outstanding (Mil) | 6 | 5 | 14.0% |
| Cumulative Contribution | -8.7% |
Market Drivers
4/30/2023 to 5/19/2026| Return | Correlation | |
|---|---|---|
| WFCF | -8.7% | |
| Market (SPY) | 83.3% | 8.3% |
| Sector (XLK) | 134.5% | 5.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| WFCF Return | 719% | -4% | -3% | -2% | -13% | 4% | 573% |
| Peers Return | 27% | -49% | 26% | 84% | -35% | 4% | 1% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| WFCF Win Rate | 42% | 50% | 50% | 58% | 42% | 40% | |
| Peers Win Rate | 55% | 25% | 59% | 56% | 35% | 52% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| WFCF Max Drawdown | -37% | -45% | -12% | -29% | -31% | -49% | |
| Peers Max Drawdown | -19% | -52% | -28% | -48% | -48% | -27% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: S, BGIN, BMR, VTIX, AAPL.
[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 5/19/2026 (YTD)
How Low Can It Go
| Event | WFCF | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -24.3% | -18.8% |
| % Gain to Breakeven | 32.1% | 23.1% |
| Time to Breakeven | 112 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -41.9% | -24.5% |
| % Gain to Breakeven | 72.0% | 32.4% |
| Time to Breakeven | 84 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -24.8% | -33.7% |
| % Gain to Breakeven | 32.9% | 50.9% |
| Time to Breakeven | 390 days | 140 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -34.9% | -17.9% |
| % Gain to Breakeven | 53.5% | 21.8% |
| Time to Breakeven | 10 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -19.2% | -15.4% |
| % Gain to Breakeven | 23.8% | 18.2% |
| Time to Breakeven | 1 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -42.9% | -53.4% |
| % Gain to Breakeven | 75.0% | 114.4% |
| Time to Breakeven | 1 days | 1085 days |
In The Past
Where Food Comes From's stock fell -24.3% during the 2025 US Tariff Shock. Such a loss loss requires a 32.1% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | WFCF | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -24.3% | -18.8% |
| % Gain to Breakeven | 32.1% | 23.1% |
| Time to Breakeven | 112 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -41.9% | -24.5% |
| % Gain to Breakeven | 72.0% | 32.4% |
| Time to Breakeven | 84 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -24.8% | -33.7% |
| % Gain to Breakeven | 32.9% | 50.9% |
| Time to Breakeven | 390 days | 140 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -34.9% | -17.9% |
| % Gain to Breakeven | 53.5% | 21.8% |
| Time to Breakeven | 10 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -42.9% | -53.4% |
| % Gain to Breakeven | 75.0% | 114.4% |
| Time to Breakeven | 1 days | 1085 days |
In The Past
Where Food Comes From's stock fell -24.3% during the 2025 US Tariff Shock. Such a loss loss requires a 32.1% 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 Where Food Comes From (WFCF)
AI Analysis | Feedback
Here are a few analogies to describe Where Food Comes From (WFCF):
It's like Consumer Reports for the food supply chain, but instead of reviewing products, they independently verify the claims producers make about their food, from organic status to animal welfare.
Think of it as Ancestry.com for your groceries, providing detailed verification of where your food truly originates from and how it was produced.
AI Analysis | Feedback
- Verification and Certification Solutions: Conducts on-site and desk audits to verify claims made about agriculture, livestock, and other food products.
- Source Verified Labeling Program: Offers a retail and restaurant labeling program connecting consumers directly to the origin of their food.
- Software-as-a-Service (SaaS): Provides software solutions along with related consulting, maintenance, and support services.
- Sustainability Programs: Offers programs designed to help clients implement and manage sustainable practices.
- Compliance Management: Assists clients in managing and adhering to various industry and regulatory standards.
- Web-hosting Services: Provides web-hosting solutions for clients.
- Hardware Sales: Sells hardware components to support client operations.
AI Analysis | Feedback
Where Food Comes From (WFCF) primarily sells its verification and certification solutions to other companies within the agriculture, livestock, and food industries. Based on the provided description, the company serves the following categories of business customers:
- Beef and pork packers
- Organic producers and processors
- Specialty retail chains
The provided background information does not list the specific names of these customer companies or their public symbols.
AI Analysis | Feedback
nullAI Analysis | Feedback
John Saunders, CEO & Chairman of the Board
John Saunders co-founded Where Food Comes From, Inc. (formerly IMI Global, Inc.) in 1995, foreseeing the vital role of information technology and verification in the agriculture and food industries. Prior to founding the company, he gained business development and entrepreneurship experience as the operations manager of two student-run businesses while attending Yale University.
Leann Saunders, President & COO
Leann Saunders is a co-founder of Where Food Comes From, Inc., which she established in 1995 alongside her husband, John. Before co-founding the company, she worked for PM Beef Holdings, where she developed the first-ever USDA Process Verified program for beef in the United States. Her career also includes roles at McDonald's Corporation and Hudson Foods Corporation.
Dannette Henning, Chief Financial Officer
Dannette Henning is a Certified Public Accountant (CPA) with over 15 years of professional experience, specializing in SEC and financial reporting, due diligence, debt and equity financing transactions, consolidations, integrations, and process improvement. Before joining IMI Global (a subsidiary of Where Food Comes From) in March 2008, she served as a controller with Einstein Noah Restaurant Group for more than three years. Her previous experience includes positions as assistant controller at Sirenza Microdevices, audit services with KPMG Peat Marwick, accounting manager at DF&R Restaurant Company, and senior accountant at CSI/CDC Company.
Jason Franco, Chief Technology Officer
Jason Franco has served as the Chief Technology Officer since August 2021, having previously held the position of Senior Vice President of Technology. He founded his own technology company, JVF Consulting, in 2004, which was subsequently acquired by Where Food Comes From in September 2018. Earlier in his career, he worked as a Technical Application Consultant and Integration Specialist with PeopleSoft/Oracle from 2000 to 2004, and began as a software developer specializing in traceability applications at John Deere Special Technologies Group in 1998.
Jay Pfeiffer, Manager of Investor Relations
Jay Pfeiffer serves as the Manager of Investor Relations for Where Food Comes From.
AI Analysis | Feedback
The key risks to Where Food Comes From (WFCF) primarily stem from its reliance on cyclical agricultural industries, the dynamic regulatory environment, and broader economic pressures.
- Cattle-Cycle Contraction and Industry Cyclicality: A significant portion of Where Food Comes From's revenue is derived from beef-related verification services. The company experienced a decline in 2025 revenue and net income due to tight U.S. cattle supplies and industry cyclicality, which led to reduced customer activity in its core beef-related business. This indicates a strong vulnerability to the fluctuating conditions within the livestock industry.
- Evolving Regulations and ESG Expectations: As a provider of verification and certification solutions, Where Food Comes From operates within a regulatory landscape that is subject to change. Management has identified evolving regulations and environmental, social, and governance (ESG) expectations as ongoing risks. Changes in these standards or the introduction of new compliance requirements could impact the demand for their services or necessitate significant adaptations to their offerings.
- Inflation and Rising Operating Costs: Where Food Comes From's gross profit and net income in 2025 were negatively affected by inflation, including higher tag costs and rising wages and benefits. These increasing operational costs can exert pressure on the company's profitability, especially if they cannot be fully offset by price adjustments or increased operational efficiencies.
AI Analysis | Feedback
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AI Analysis | Feedback
The addressable markets for Where Food Comes From (WFCF) main products and services are sizable, primarily within the food, agriculture, and livestock industries.
Food Verification and Certification Solutions
The global food certification market was valued at approximately USD 11.18 billion in 2024 and is projected to grow to about USD 29.77 billion by 2034, with a compound annual growth rate (CAGR) of 10.29% from 2025 to 2034. North America held a significant share of this market in 2024. More specifically, the global food safety audit and certification services market was valued at USD 4.72 billion in 2025 and is projected to reach USD 6.93 billion by 2034, growing at a CAGR of 5.7%.
Food Traceability Solutions
The global food traceability market was valued at USD 13 billion in 2024 and is projected to grow from USD 15 billion in 2025 to USD 45 billion by 2034, exhibiting a CAGR of 13% from 2025 to 2034. In North America, the food traceability market accounted for USD 4.9 billion in 2024. The U.S. market alone is valued at USD 11.08 billion by 2026.
Sustainability Programs and Compliance Management Software
The global sustainability certification market, which includes the agriculture and food sector as a leading end-user, was valued at approximately USD 3.1 billion in 2024 and is expected to reach USD 4.97 billion by 2032, growing at a CAGR of 6.10%. North America dominates this market with the largest revenue share of 33.7% in 2024.
For farm management software, which supports compliance and efficient agricultural practices, the United States market size reached USD 691 million in 2024 and is expected to reach USD 1.751 billion by 2033, demonstrating a CAGR of 10.9% during 2025-2033. The global farm management software market was estimated at USD 4.18 billion in 2024 and is projected to reach USD 10.58 billion by 2030, with a CAGR of 17.3% from 2025 to 2030.
AI Analysis | Feedback
Where Food Comes From (WFCF) is anticipated to drive future revenue growth over the next 2-3 years through several key initiatives and market trends: * **Expansion of Non-Beef Certification Programs:** The company is experiencing significant growth in its non-beef related verification services, including organic, non-GMO, gluten-free, and particularly the Upcycled Certified program. The Upcycled Certified program demonstrated a 17% year-over-year increase in certifications in 2024, expanding to 105 companies across 14 countries. This diversification helps offset fluctuations in its traditional beef-related business. * **Launch and Multi-Species Expansion of New Certification Standards:** Where Food Comes From recently introduced RaiseWell Certified, a new standard focusing on animal care and supply chain traceability. This program has been adopted by Whole Foods Market for beef and is strategically planned for expansion to other animal proteins, including poultry, eggs, dairy, and pork. This multi-species approach is expected to become a significant revenue contributor over time. * **Growth in Sustainability Programs and Strategic Partnerships:** The company's CARE Certified program continues to be a strong area for new customer and revenue growth. A notable example is the collaboration with Pangea and Walmart to introduce CARE Certified sustainable leather to the U.S. automotive market, further extending WFCF's reach into new product categories and industries. * **Increasing Consumer and Retailer Demand for Transparency and Traceability:** A fundamental driver for WFCF is the growing consumer and retailer demand for healthier, sustainably and ethically produced food, along with greater transparency and traceability in the supply chain. WFCF's core business of providing independent, third-party verification and its "Where Food Comes From Source Verified" labeling program directly address this market need. * **Anticipated Recovery of the U.S. Cattle Industry:** Although the U.S. cattle supply is currently at a 70-year low, there are expectations for stabilization in late 2026 and a rebound in 2027. This recovery would positively impact WFCF's core beef-related verification services and sales of cattle identification ear tags, which have faced headwinds due to smaller herd sizes.AI Analysis | Feedback
Where Food Comes From (WFCF) has demonstrated specific capital allocation strategies over the last three to five years, primarily focusing on returning value to shareholders through share repurchases and strategic divestments.Share Repurchases
- The company repurchased 183,016 shares in 2025, bringing total buybacks since the plan's inception to 1,374,652 shares at an aggregate cost of approximately $15.2 million.
- In 2024, WFCF repurchased 273,057 shares for $3,269,755, reducing the total outstanding shares.
- Management has indicated an expectation to continue repurchasing stock in 2026, reflecting confidence in the company's valuation.
Share Issuance
- Where Food Comes From has registered 500,000 shares of common stock for potential issuance under its 2026 Equity Incentive Plan.
- Insider transactions in November 2025 included directors and the CFO receiving stock awards (grants of 500 and 863 shares, respectively) at a reported price of $0 per share.
Outbound Investments
- In July 2025, the company sold its 10% interest in Progressive Beef, LLC, for $1.8 million in cash. This transaction also resulted in the return of 12,585 shares of WFCF common stock and generated a $0.8 million gain on the sale of the investment.
Capital Expenditures
- For the full year 2025, capital expenditures amounted to $155,000, primarily for funding long-term assets and infrastructure.
- In the fourth quarter of 2025, capital expenditures were $34,000, which represented a decrease of 41.4% from the prior quarter.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Where Food Comes From Earnings Notes | 12/16/2025 | |
| Where Food Comes From Stock Lost 9.6%, Buy Or Wait? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to WFCF.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04302026 | PLTR | Palantir Technologies | 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 | 0.0% | 0.0% | 0.0% |
| 04102026 | ADSK | Autodesk | 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 | 8.5% | 8.5% | 0.0% |
| 04102026 | BSY | Bentley Systems | 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 | 4.2% | 4.2% | 0.0% |
| 04102026 | ENPH | Enphase Energy | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 5.7% | 5.7% | 0.0% |
| 04102026 | BL | BlackLine | 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 | 3.2% | 3.2% | -3.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 8.15 |
| Mkt Cap | 5.9 |
| Rev LTM | 513 |
| Op Inc LTM | -3 |
| FCF LTM | 26 |
| FCF 3Y Avg | 2 |
| CFO LTM | 39 |
| CFO 3Y Avg | 14 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 12.8% |
| Rev Chg 3Y Avg | 5.6% |
| Rev Chg Q | 9.2% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Inc Chg LTM | 6.2% |
| Op Inc Chg 3Y Avg | 8.4% |
| Op Mgn LTM | -12.7% |
| Op Mgn 3Y Avg | 8.2% |
| QoQ Delta Op Mgn LTM | 0.4% |
| CFO/Rev LTM | 6.8% |
| CFO/Rev 3Y Avg | 9.5% |
| FCF/Rev LTM | 5.0% |
| FCF/Rev 3Y Avg | 8.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 5.9 |
| P/S | 5.9 |
| P/Op Inc | 29.8 |
| P/EBIT | 27.1 |
| P/E | 35.8 |
| P/CFO | 42.5 |
| Total Yield | 2.5% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 3.4% |
| D/E | 0.0 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 5.4% |
| 3M Rtn | 10.8% |
| 6M Rtn | 8.5% |
| 12M Rtn | -18.5% |
| 3Y Rtn | -10.3% |
| 1M Excs Rtn | 3.7% |
| 3M Excs Rtn | 5.0% |
| 6M Excs Rtn | -4.1% |
| 12M Excs Rtn | -42.4% |
| 3Y Excs Rtn | -83.1% |
Price Behavior
| Market Price | $12.60 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 02/23/2007 | |
| Distance from 52W High | -30.5% | |
| 50 Days | 200 Days | |
| DMA Price | $12.59 | $12.10 |
| DMA Trend | up | up |
| Distance from DMA | 0.1% | 4.1% |
| 3M | 1YR | |
| Volatility | 144.2% | 81.3% |
| Downside Capture | -55.85 | 44.64 |
| Upside Capture | -36.17 | 60.85 |
| Correlation (SPY) | 11.9% | 14.7% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.78 | 0.09 | 0.03 | 0.11 | 0.25 | 0.21 |
| Up Beta | 0.84 | 0.55 | 0.15 | 0.10 | -0.69 | 0.07 |
| Down Beta | -7.37 | -1.75 | -0.76 | -0.18 | 0.44 | 0.15 |
| Up Capture | -4% | 24% | 31% | 16% | 47% | 8% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 9 | 17 | 28 | 45 | 99 | 317 |
| Down Capture | 463% | 40% | -8% | 23% | 71% | 65% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 10 | 18 | 23 | 53 | 103 | 350 |
[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 WFCF | |
|---|---|---|---|---|
| WFCF | 4.1% | 85.3% | 0.39 | - |
| Sector ETF (XLK) | 48.6% | 20.5% | 1.82 | 10.3% |
| Equity (SPY) | 25.0% | 12.1% | 1.55 | 15.4% |
| Gold (GLD) | 40.0% | 26.8% | 1.23 | 12.6% |
| Commodities (DBC) | 49.4% | 18.5% | 2.03 | -13.7% |
| Real Estate (VNQ) | 9.7% | 13.4% | 0.45 | 18.0% |
| Bitcoin (BTCUSD) | -25.6% | 41.9% | -0.59 | 7.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WFCF | |
|---|---|---|---|---|
| WFCF | -4.2% | 57.3% | 0.13 | - |
| Sector ETF (XLK) | 22.4% | 24.8% | 0.79 | 6.3% |
| Equity (SPY) | 14.2% | 17.0% | 0.65 | 9.8% |
| Gold (GLD) | 19.3% | 18.0% | 0.87 | 6.5% |
| Commodities (DBC) | 11.0% | 19.4% | 0.45 | -1.4% |
| Real Estate (VNQ) | 4.0% | 18.8% | 0.11 | 10.8% |
| Bitcoin (BTCUSD) | 9.4% | 55.6% | 0.38 | -2.4% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WFCF | |
|---|---|---|---|---|
| WFCF | -6.8% | 58.4% | -0.00 | - |
| Sector ETF (XLK) | 24.6% | 24.4% | 0.91 | 9.5% |
| Equity (SPY) | 15.3% | 17.9% | 0.73 | 13.0% |
| Gold (GLD) | 13.0% | 16.0% | 0.67 | 6.2% |
| Commodities (DBC) | 8.4% | 17.9% | 0.38 | 1.9% |
| Real Estate (VNQ) | 5.1% | 20.7% | 0.21 | 13.7% |
| Bitcoin (BTCUSD) | 67.2% | 66.9% | 1.06 | 1.8% |
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 |
| 2/27/2026 | -0.2% | -3.5% | 6.6% |
| 11/14/2025 | -0.3% | 0.1% | -3.4% |
| 8/11/2025 | -0.2% | 0.1% | 12.2% |
| 5/12/2025 | -2.6% | 3.1% | 5.5% |
| 2/24/2025 | 0.0% | -8.2% | -6.3% |
| 11/14/2024 | 1.0% | 1.3% | 11.7% |
| 8/12/2024 | 0.0% | 1.4% | -0.9% |
| 5/2/2024 | 2.1% | 2.6% | 7.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 16 | 16 | 13 |
| # Negative | 8 | 8 | 11 |
| Median Positive | 0.1% | 1.3% | 5.5% |
| Median Negative | -1.7% | -5.0% | -4.1% |
| Max Positive | 4.5% | 28.0% | 41.4% |
| Max Negative | -8.8% | -8.2% | -13.5% |
Industry Resources
| Technology Hardware, Storage & Peripherals Resources |
| The Verge |
| TechRadar |
| Tom’s Hardware |
| PCMag |
| CNET |
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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