Worksport (WKSP)
Market Price (3/30/2026): $0.9 | Market Cap: $7.6 MilSector: Consumer Discretionary | Industry: Automotive Parts & Equipment
Worksport (WKSP)
Market Price (3/30/2026): $0.9Market Cap: $7.6 MilSector: Consumer DiscretionaryIndustry: Automotive Parts & 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 -35% | Weak multi-year price returns2Y Excs Rtn is -104%, 3Y Excs Rtn is -155% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -19 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -117% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 90% | Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -108%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -114% | |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -66% | 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 -229% | |
| Megatrend and thematic driversMegatrends include Renewable Energy Transition. Themes include Solar Energy Generation, and Battery Storage & Grid Modernization. | Key risksWKSP key risks include [1] its auditors' "substantial doubt" about the company's ability to continue as a going concern due to recurring losses and reliance on future financing, Show more. |
| 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 -35% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 90% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -66% |
| Megatrend and thematic driversMegatrends include Renewable Energy Transition. Themes include Solar Energy Generation, and Battery Storage & Grid Modernization. |
| Weak multi-year price returns2Y Excs Rtn is -104%, 3Y Excs Rtn is -155% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -19 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -117% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -108%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -114% |
| 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 -229% |
| Key risksWKSP key risks include [1] its auditors' "substantial doubt" about the company's ability to continue as a going concern due to recurring losses and reliance on future financing, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Worksport (WKSP) stock has lost about 60% since 11/30/2025 because of the following key factors:
1. Worksport experienced significant net losses and increased cash burn, despite revenue growth. For fiscal year 2025, the company reported a net loss of $19.35 million, an increase from $16.16 million in 2024. Net cash used in operating activities also rose to $17.2 million in 2025, up from $10.1 million in 2024, driven by investments in inventory and product development.
2. Shareholder dilution resulted from capital raising activities. Worksport engaged in capital raising efforts that led to substantial dilution. In December 2025, a warrant exercise inducement agreement generated $6.4 million in gross proceeds through the exercise of 2,194,526 shares at $2.90 per share, alongside the issuance of new warrants. Additionally, a Regulation A offering between June and October 2025 raised approximately $10.0 million. Overall, total shares outstanding increased by 104.7% over the past year.
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1. Worksport experienced significant net losses and increased cash burn, despite revenue growth. For fiscal year 2025, the company reported a net loss of $19.35 million, an increase from $16.16 million in 2024. Net cash used in operating activities also rose to $17.2 million in 2025, up from $10.1 million in 2024, driven by investments in inventory and product development.
2. Shareholder dilution resulted from capital raising activities. Worksport engaged in capital raising efforts that led to substantial dilution. In December 2025, a warrant exercise inducement agreement generated $6.4 million in gross proceeds through the exercise of 2,194,526 shares at $2.90 per share, alongside the issuance of new warrants. Additionally, a Regulation A offering between June and October 2025 raised approximately $10.0 million. Overall, total shares outstanding increased by 104.7% over the past year.
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Stock Movement Drivers
Fundamental Drivers
The -61.0% change in WKSP stock from 11/30/2025 to 3/29/2026 was primarily driven by a -55.5% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.63 | 1.02 | -61.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 14 | 16 | 12.7% |
| P/S Multiple | 1.2 | 0.5 | -55.5% |
| Shares Outstanding (Mil) | 7 | 8 | -22.2% |
| Cumulative Contribution | -61.0% |
Market Drivers
11/30/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| WKSP | -61.0% | |
| Market (SPY) | -5.3% | 19.1% |
| Sector (XLY) | -10.4% | 15.8% |
Fundamental Drivers
The -67.0% change in WKSP stock from 8/31/2025 to 3/29/2026 was primarily driven by a -59.5% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.11 | 1.02 | -67.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 12 | 16 | 29.9% |
| P/S Multiple | 1.3 | 0.5 | -59.5% |
| Shares Outstanding (Mil) | 5 | 8 | -37.4% |
| Cumulative Contribution | -67.0% |
Market Drivers
8/31/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| WKSP | -67.0% | |
| Market (SPY) | 0.6% | 34.4% |
| Sector (XLY) | -8.5% | 30.5% |
Fundamental Drivers
The -84.6% change in WKSP stock from 2/28/2025 to 3/29/2026 was primarily driven by a -82.5% change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.67 | 1.02 | -84.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 6 | 16 | 151.8% |
| P/S Multiple | 3.1 | 0.5 | -82.5% |
| Shares Outstanding (Mil) | 3 | 8 | -65.1% |
| Cumulative Contribution | -84.6% |
Market Drivers
2/28/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| WKSP | -84.6% | |
| Market (SPY) | 9.8% | -2.9% |
| Sector (XLY) | -1.3% | -4.2% |
Fundamental Drivers
The -93.6% change in WKSP stock from 2/28/2023 to 3/29/2026 was primarily driven by a -99.8% change in the company's P/S Multiple.| (LTM values as of) | 2282023 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 15.90 | 1.02 | -93.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 16 | 17049.2% |
| P/S Multiple | 290.7 | 0.5 | -99.8% |
| Shares Outstanding (Mil) | 2 | 8 | -79.7% |
| Cumulative Contribution | -93.6% |
Market Drivers
2/28/2023 to 3/29/2026| Return | Correlation | |
|---|---|---|
| WKSP | -93.6% | |
| Market (SPY) | 69.4% | -0.7% |
| Sector (XLY) | 49.0% | -0.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| WKSP Return | 3256% | -59% | 50% | -38% | -77% | -38% | 84% |
| Peers Return | 5% | -12% | 19% | -23% | 8% | 24% | 12% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| WKSP Win Rate | 17% | 33% | 42% | 33% | 25% | 0% | |
| Peers Win Rate | 50% | 42% | 48% | 33% | 56% | 40% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| WKSP Max Drawdown | 0% | -59% | -4% | -75% | -96% | -41% | |
| Peers Max Drawdown | -11% | -39% | -11% | -35% | -32% | -10% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PATK, VC, CVGI, DCH, MGA.
[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 3/27/2026 (YTD)
How Low Can It Go
| Event | WKSP | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -87.9% | -25.4% |
| % Gain to Breakeven | 725.4% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -85.5% | -33.9% |
| % Gain to Breakeven | 589.5% | 51.3% |
| Time to Breakeven | 499 days | 148 days |
Compare to PATK, VC, CVGI, DCH, MGA
In The Past
Worksport's stock fell -87.9% during the 2022 Inflation Shock from a high on 9/22/2021. A -87.9% loss requires a 725.4% gain to breakeven.
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About Worksport (WKSP)
Worksport Ltd., through its subsidiary, designs, manufactures, and distributes truck tonneau covers in Canada and the United States. The company offers soft cover (SC) and tough cover (TC) tonneau covers, including SC3, a tri-fold cover that seals around the truck bed with a rubber gasket designed to protect cargo from moisture and debris; SC3pro that allows the operator to open the cover by pulling a release cable; and TC3, a thick aluminum tri-cover panel with a honey-comb core coated in a durable black scratch-resistant powder coating. It is also developing TerraVis, a solar cover tonneau cover that gives rechargeable portable power to pickup truck owners. The company distributes its products through wholesalers and online retail channels. It serves private labels and original equipment manufacturers. Worksport Ltd. has a collaboration agreement with Greatcell Energy Pty Ltd. The company was formerly known as Franchise Holdings International, Inc. and changed its name to Worksport Ltd. in May 2020. Worksport Ltd. is based in Vaughan, Canada.
AI Analysis | Feedback
Here are 1-3 brief analogies for Worksport (WKSP):
- Like a specialized WeatherTech for truck bed covers, but they're pioneering solar-powered versions that generate portable energy.
- Think of them as a Goal Zero for truck owners, integrating portable solar power directly into smart tonneau covers.
AI Analysis | Feedback
- SC3: A tri-fold soft tonneau cover designed to seal around the truck bed, protecting cargo from moisture and debris.
- SC3pro: A soft tonneau cover that allows the operator to open the cover by pulling a release cable.
- TC3: A thick aluminum tri-cover panel with a honey-comb core, coated in a durable black scratch-resistant powder coating.
- TerraVis: A solar tonneau cover currently under development that provides rechargeable portable power to pickup truck owners.
AI Analysis | Feedback
Worksport Ltd. primarily sells to other companies (B2B). Based on the provided background, specific names of customer companies are not disclosed. However, the company's major customer categories include:- Original Equipment Manufacturers (OEMs): Worksport supplies its products directly to vehicle manufacturers, who may install them on new pickup trucks or offer them as official accessories. Examples of such OEMs could include major automotive companies, but specific names are not provided in the background.
- Private Label Brands: Worksport manufactures products that are then sold by other companies under those companies' own brand names. The specific brands Worksport partners with are not listed in the background.
- Wholesalers and Online Retail Channels: The company distributes its products through wholesalers and various online retail channels, implying that these businesses purchase Worksport's products for resale. Specific names of these wholesale or retail partners are not provided.
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Greatcell Energy Pty Ltd. (Private Company)
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Steven F. Rossi, Chief Executive Officer, President, Chairman, and Founder
Steven F. Rossi founded Worksport in 2011. He has over 20 years of experience in the automotive industry, having launched his first auto parts store at the age of 18. Prior to establishing Worksport, he sold his businesses in his early 20s. Rossi holds a Bachelor of Science degree in Life Sciences from the University of Toronto and pursued Industrial Engineering at the University of Buffalo.
Michael D. Johnston, Chief Financial Officer
Michael D. Johnston's compensation for his role as CFO represents accrued billing for services provided by UHY Forbes Anderson, an accounting firm he manages, which indicates an outsourced financial executive model for Worksport.
Chris Bernaudo, Chief Operations Officer
Chris Bernaudo serves as the Chief Operations Officer of Worksport.
Nilay Choksi, General Counsel
Nilay Choksi is the General Counsel for Worksport.
Steven Raivio, Executive Director of Sales
Steven Raivio holds the position of Executive Director of Sales at Worksport.
AI Analysis | Feedback
Worksport (WKSP) faces several key risks to its business operations and growth strategy:1. Execution and Scaling Challenges
Worksport's ability to transition from a smaller operation to a significantly larger enterprise presents substantial execution and scaling risks. This includes challenges in expanding logistics to a national level, increasing personnel, effectively sourcing raw materials, successfully negotiating distributor relationships, and maintaining quality control as the company grows its revenue targets. Furthermore, the successful commercialization of new products, such as the TerraVis system, remains unproven. Delays in the supply chain are also a persistent concern that can impede their growth. Analysts also specifically highlight execution risk when evaluating Worksport's potential.2. Market Acceptance and Commercialization of Innovative Products
A significant risk for Worksport is the market acceptance of its innovative products, particularly the TerraVis solar tonneau cover. While the concept is novel, there are inherent limitations in the power generation of solar panels on a tonneau cover, which might not fully meet high expectations for charging electric vehicles quickly or efficiently in all conditions. The company's growth hinges on the successful launch and consumer acceptance of these new products, and there is a risk of delays or non-acceptance by third parties in selling these innovations. This includes ensuring the products deliver sufficient utility and value to consumers to justify their price point.3. Intense Competition
Worksport operates in a competitive market for truck tonneau covers, facing competition from other manufacturers of similar products. This competition exists for both its traditional soft and tough tonneau covers and could extend to its innovative solar covers as other companies potentially develop competing solutions. The company distributes its products through wholesalers and online retail channels and serves private labels and original equipment manufacturers, indicating a broad and competitive landscape.AI Analysis | Feedback
nullAI Analysis | Feedback
Worksport Ltd. operates in the truck tonneau cover market and is developing a solar tonneau cover with portable power capabilities. The addressable markets for these products are substantial, particularly in North America.
Truck Tonneau Covers (Soft Cover and Tough Cover)
- The global truck bed covers market was valued at approximately USD 1.4 billion in 2023 and is projected to reach around USD 2.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.5%. Other estimates place the global tonneau covers market at USD 1.5 billion in 2024, projected to reach USD 3.2 billion by 2034 with a CAGR of 8.1%.
- North America is a dominant region in the truck tonneau cover market. Specifically, North America accounted for over 52% of the automotive tonneau market share in 2023 and is expected to exceed USD 800 million by 2032. Another source indicates North America holds approximately 70% of the global tonneau covers market share in 2024.
- The U.S. tonneau covers market is a significant component of this, expected to reach USD 5 billion by 2027, growing from USD 3 billion in 2022 at a CAGR of 8.6%. The tonneau cover segment dominated the U.S. truck bed accessories market in 2024, with a revenue share of 30.4%. The overall U.S. truck bed accessories market size was estimated at USD 2.56 billion in 2024 and is expected to reach USD 3.83 billion by 2030.
- Regarding the types of covers Worksport offers, soft covers accounted for over 35% of the global automotive tonneau market share in 2023 and are expected to exceed USD 550 million by 2032. Hard tonneau covers hold an even larger share, with some reports indicating 55% of the global market share and approximately 60% of the global market in 2024. The global hard tonneau cover market size was valued at USD 1.45 billion in 2021 and is expected to reach USD 1.87 billion by 2025.
TerraVis (Solar Cover Tonneau Cover and Portable Power)
- The advent and increasing momentum of solar-powered tonneau covers are noted as contributing factors to the growth of the U.S. tonneau cover market. Worksport Ltd. is specifically mentioned in the context of gearing up for the production launch of its SOLIS Solar Tonneau Cover.
- For the rechargeable portable power aspect, the global portable power station market was estimated at USD 4.18 billion in 2025 and is projected to reach USD 19.91 billion by 2033, growing at a CAGR of 22.4% from 2026 to 2033. Another estimate values the global portable power stations market at USD 808.21 million in 2025, predicted to reach USD 1.89 billion by 2035 at a 9.1% CAGR.
- North America is a significant region for portable power stations, dominating the global market with the largest revenue share of 40.8% in 2025. The automotive segment within the portable power station market is considered a high-growth opportunity. North America is also expected to dominate the portable power station market between 2023 and 2028.
AI Analysis | Feedback
Worksport Ltd. (WKSP) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:
- Commercialization of New Clean Energy Products (SOLIS, COR, and Aetherlux): The company anticipates significant revenue contributions from the launch and scaling of its innovative clean energy solutions. The SOLIS Solar Tonneau Cover and COR Portable Energy System launched commercially in January 2026, with management expecting them to substantially impact revenue as early as the third and fourth quarters of 2025. Worksport projected new product lines, including the AL4 cover and COR and SOLIS systems, to contribute up to an additional $18.5 million in 2025. Furthermore, its subsidiary Terravis Energy is accelerating the certification and commercialization of the Aetherlux™ Pro heat pump, with early revenue expected in the second half of 2026.
- Growth in the Existing Tonneau Cover Business: Worksport expects continued strong performance from its core tonneau cover products. The AL4 tonneau cover, a premium hard folding cover, launched in late Q4 2024 and is anticipated to become a leading seller due to high market demand and higher margins. The company projects its U.S. tonneau cover net sales to reach between $27 million and $35 million in 2026. Worksport is also expanding its production capacity, aiming to produce over 200 tonneau covers per day within 2025, which is expected to meet growing demand and boost margins.
- Expansion of B2B and B2C Sales Channels and Dealer Network: The company has demonstrated significant growth by scaling both its business-to-business (B2B) and business-to-consumer (B2C) channels. Online B2C sales surged significantly from Q3 2023 to Q3 2024, accounting for 51% of total revenue in Q3 2024. Worksport is exploring strategic distribution facility expansions to support its rapidly growing B2C segment, which is expected to enhance customer experience by reducing shipping times and costs. The company also reported a 30% expansion in its dealer network in the first two months of 2025.
- Securing OEM and Enterprise Supply Opportunities: Achieving ISO 9001:2015 certification in May 2025 is a critical step expected to unlock significant OEM and enterprise supply opportunities with major automotive manufacturers like Toyota, GM, Ford, and Honda. This certification strengthens Worksport's manufacturing credentials and positions it to explore OEM integrations for its tonneau covers, the SOLIS system, and COR battery units, tapping into the multi-billion-dollar global auto manufacturing ecosystem.
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Share Issuance
- Worksport Ltd. had 8M shares outstanding in Q3 2025, reflecting a 24.3% increase from the prior quarter.
- The number of shares outstanding increased by 104.40% in one year.
- In October 2025, Worksport successfully closed a $10 million Regulation A offering, including $4.50 warrants, to accelerate product launches and operational growth.
- An additional $6.7 million was raised in March 2025 through a warrant inducement transaction.
Inbound Investments
- Worksport completed a $10 million Regulation A offering in October 2025, which drew strong participation from new retail and family office investors, removing near-term capital uncertainty.
- In March 2025, the company raised an additional $6.7 million through a warrant inducement transaction.
- Institutional investors collectively purchased 1,508,743 shares, totaling approximately $3.64 million in transactions, over the 24 months leading up to March 2026.
Outbound Investments
- Worksport was issued 1,000 shares of Common Stock, representing 100% of the outstanding equity, in Worksport USA Operations Corporation on March 23, 2022.
- On April 1, 2022, Worksport was issued 10,000 shares of common stock, representing 100% of the outstanding equity, in Worksport New York Operations Corporation.
- TerraVis issued an additional 9,999,900 shares of Common Stock to Worksport Ltd. on January 20, 2022.
Capital Expenditures
- Worksport invested $364K in capital expenditures in Q3 2025, marking a 432.6% increase from the previous quarter.
- Capital expenditures for fiscal year 2024 amounted to $528K.
- By February 2026, the majority of capital expenditures and Research & Development investments for the SOLIS Solar Tonneau Cover, COR Portable Energy System, and Aetherlux Heat Pump had been incurred, with a projected decline in R&D intensity as these technologies transition into commercial monetization.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Worksport Earnings Notes | 12/16/2025 | |
| Is Worksport Stock Built to Withstand More Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to WKSP.
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|---|---|---|---|---|---|---|---|
| 02272026 | MBLY | Mobileye Global | Dip Buy | DB | Cash/EquityDip Buyer with High Net Cash % EquityBuying dips for companies with significant net cash as a % of market cap along with meaningful cash flow generation | 0.0% | 0.0% | 0.0% |
| 02202026 | SAH | Sonic Automotive | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -5.9% | -5.9% | -6.1% |
| 02132026 | MAT | Mattel | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 2.9% | 2.9% | 0.0% |
| 02132026 | SONO | Sonos | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -0.7% | -0.7% | -4.6% |
| 02062026 | DECK | Deckers Outdoor | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.6% | 1.6% | -0.8% |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 30.00 |
| Mkt Cap | 2.4 |
| Rev LTM | 3,859 |
| Op Inc LTM | 255 |
| FCF LTM | 196 |
| FCF 3Y Avg | 210 |
| CFO LTM | 370 |
| CFO 3Y Avg | 361 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -2.2% |
| Rev Chg 3Y Avg | 0.2% |
| Rev Chg Q | 1.5% |
| QoQ Delta Rev Chg LTM | 0.4% |
| Op Mgn LTM | 4.5% |
| Op Mgn 3Y Avg | 4.3% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 7.7% |
| CFO/Rev 3Y Avg | 7.6% |
| FCF/Rev LTM | 5.3% |
| FCF/Rev 3Y Avg | 3.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.4 |
| P/S | 0.5 |
| P/EBIT | 6.8 |
| P/E | 11.9 |
| P/CFO | 4.2 |
| Total Yield | 5.5% |
| Dividend Yield | 0.3% |
| FCF Yield 3Y Avg | 8.9% |
| D/E | 0.4 |
| Net D/E | 0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -13.5% |
| 3M Rtn | -6.6% |
| 6M Rtn | -11.9% |
| 12M Rtn | 21.6% |
| 3Y Rtn | -37.2% |
| 1M Excs Rtn | -7.1% |
| 3M Excs Rtn | 1.5% |
| 6M Excs Rtn | -6.9% |
| 12M Excs Rtn | 3.4% |
| 3Y Excs Rtn | -98.7% |
Price Behavior
Price Behavior
| Market Price | $1.02 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 06/09/2010 | |
| Distance from 52W High | -78.2% | |
| 50 Days | 200 Days | |
| DMA Price | $1.56 | $2.69 |
| DMA Trend | down | down |
| Distance from DMA | -34.5% | -61.9% |
| 3M | 1YR | |
| Volatility | 88.7% | 94.8% |
| Downside Capture | 1.56 | 2.11 |
| Upside Capture | -175.36 | 119.18 |
| Correlation (SPY) | 9.5% | 25.4% |
WKSP Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.79 | 0.97 | 2.06 | 3.18 | -1.62 | -0.31 |
| Up Beta | 10.51 | 5.98 | 4.21 | 3.16 | 0.86 | 0.94 |
| Down Beta | -2.47 | 0.49 | 1.39 | 3.00 | -2.26 | -1.31 |
| Up Capture | -306% | -195% | -23% | 203% | 60% | 49% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 7 | 14 | 23 | 50 | 111 | 314 |
| Down Capture | 154% | 175% | 312% | 287% | 158% | 112% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 12 | 23 | 34 | 67 | 130 | 410 |
[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 WKSP | |
|---|---|---|---|---|
| WKSP | -77.2% | 92.5% | -1.18 | - |
| Sector ETF (XLY) | 4.6% | 23.6% | 0.13 | 28.7% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 27.4% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | 2.6% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | 4.2% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 13.8% |
| Bitcoin (BTCUSD) | -23.7% | 44.2% | -0.49 | 28.4% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WKSP | |
|---|---|---|---|---|
| WKSP | -54.5% | 468.3% | 0.31 | - |
| Sector ETF (XLY) | 5.6% | 23.7% | 0.20 | 1.8% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 1.6% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | 3.2% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 0.2% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 2.0% |
| Bitcoin (BTCUSD) | 4.0% | 56.6% | 0.29 | 1.2% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WKSP | |
|---|---|---|---|---|
| WKSP | -34.5% | 451.2% | 0.39 | - |
| Sector ETF (XLY) | 11.6% | 21.9% | 0.49 | 2.4% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 2.2% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | 3.4% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 1.3% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 3.1% |
| Bitcoin (BTCUSD) | 66.4% | 66.8% | 1.06 | 1.2% |
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 |
| 5/16/2024 | -3.9% | -8.9% | -5.7% |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 1 | 1 | 1 |
| Median Positive | |||
| Median Negative | -3.9% | -8.9% | -5.7% |
| Max Positive | |||
| Max Negative | -3.9% | -8.9% | -5.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/26/2026 | 10-K |
| 09/30/2025 | 11/13/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-Q |
| 12/31/2024 | 03/27/2025 | 10-K |
| 09/30/2024 | 11/13/2024 | 10-Q |
| 06/30/2024 | 08/13/2024 | 10-Q |
| 03/31/2024 | 05/16/2024 | 10-Q |
| 12/31/2023 | 03/28/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 03/31/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/19/2022 | 10-Q |
| 03/31/2022 | 05/23/2022 | 10-Q |
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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