REFI vs FORR

Comparison between Chicago Atlantic Real Estate Finance Inc (REFI, Company) and Forrester Research Inc (FORR, Company).

REFI is from the Real Estate sector, while FORR is from the Industrials sector.

5-Year PerformanceREFI has outperformed FORR, delivering a return of +3.4% compared to -23.4%

REFI vs FORR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	REFI(COMPANY)	FORR(COMPANY)
Market Cap	$223M	$222M
Max Drawdown	51.71%	93.61%
Sharpe Ratio	-0.51	0.49
5Y Beta	0.41	0.50
Industry	Reit - Mortgage	Consulting Services
P/E Ratio	7.51	-5.15
Forward P/E	5.52	20.04
Dividend Yield	18.30%	N/A
5Y Dividends CAGR	N/A	5.92%
Debt to Equity	16.39%	28.77%
Free Cash Flow Yield	12.09%	1.36%

Market Cap

Winner

REFI

$223M

FORR

$222M

Max Drawdown

Winner

REFI

51.71%

FORR

93.61%

Sharpe Ratio

REFI

-0.51

Winner

FORR

0.49

5Y Beta

Winner

REFI

0.41

FORR

0.50

Industry

REFI

Reit - Mortgage

FORR

Consulting Services

P/E Ratio

REFI

7.51

Winner

FORR

-5.15

Forward P/E

Winner

REFI

5.52

FORR

20.04

Dividend Yield

REFI

18.30%

FORR

N/A

5Y Dividends CAGR

REFI

N/A

FORR

5.92%

Debt to Equity

Winner

REFI

16.39%

FORR

28.77%

Free Cash Flow Yield

Winner

REFI

12.09%

FORR

1.36%

REFI vs FORR - Historical Returns

Returns include dividend reinvestment.

Period	REFI	FORR
1 month	-4.01%	+15.70%
3 months	-5.19%	+87.44%
6 months	-6.37%	+110.16%
1 year	-16.00%	+15.59%
5 years(CAGR)	+3.45%	-23.36%
10 years(CAGR)	N/A	-10.96%
Max(CAGR)	+3.45%	-1.65%

REFI

-4.01%

Winner

FORR

+15.70%

REFI

-5.19%

Winner

FORR

+87.44%

REFI

-6.37%

Winner

FORR

+110.16%

REFI

-16.00%

Winner

FORR

+15.59%

5Y(CAGR)

Winner

REFI

+3.45%

FORR

-23.36%

10Y(CAGR)

REFI

N/A

FORR

-10.96%

Max(CAGR)

Winner

REFI

+3.45%

FORR

-1.65%

REFI vs FORR - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	REFI	FORR
2026	-8.66%	+44.66%
2025	-9.46%	-47.98%
2024	+9.91%	-39.15%
2023	+24.48%	-22.65%
2022	+1.58%	-39.33%
2021	+0.97%	+41.83%
2020	N/A	-1.18%
2019	N/A	-3.92%
2018	N/A	+1.39%
2017	N/A	+4.26%
2016	N/A	+54.91%
2015	N/A	-25.28%
2014	N/A	+6.53%
2013	N/A	+45.84%
2012	N/A	-19.99%
2011	N/A	-5.46%
2010	N/A	+44.66%
2009	N/A	-7.78%
2008	N/A	+2.58%
2007	N/A	+2.49%
2006	N/A	+47.50%
2005	N/A	+4.87%
2004	N/A	+0.00%
2003	N/A	+13.49%
2002	N/A	-21.64%
2001	N/A	-55.79%
2000	N/A	+52.27%
1999	N/A	+49.74%

REFI vs FORR Drawdown Comparison

The maximum drawdown for REFI was -26.51%, occurring on Mar 15, 2023. Recovery took 454 trading sessions.

The maximum drawdown for FORR was -92.01%, occurring on Apr 10, 2026. This drawdown has not yet recovered.

The current REFI drawdown is -20.82%. The current FORR drawdown is -81.34%.

Rank	REFI	FORR
#1	-26.51% Feb 28, 2022 - Dec 18, 2023	-92.01% Jun 19, 2000 - Apr 10, 2026
#2	-24.97% Mar 3, 2025 - Jul 31, 2026	-50.50% Mar 15, 2000 - Jun 13, 2000
#3	-9.51% Jul 17, 2024 - Nov 21, 2024	-35.42% Dec 9, 1999 - Feb 7, 2000
#4	-7.26% Dec 27, 2023 - Jul 15, 2024	-20.01% Feb 17, 2000 - Mar 3, 2000
#5	-6.30% Jan 20, 2022 - Feb 28, 2022	-9.95% Mar 9, 2000 - Mar 15, 2000
#6	-3.12% Jan 21, 2025 - Feb 10, 2025	-9.78% Nov 1, 1999 - Nov 4, 1999
#7	-2.99% Feb 18, 2025 - Feb 25, 2025	-5.61% Nov 18, 1999 - Dec 1, 1999
#8	-2.97% Dec 8, 2021 - Dec 31, 2021	-5.50% Dec 3, 1999 - Dec 8, 1999
#9	-2.82% Jan 3, 2025 - Jan 17, 2025	-4.35% Feb 8, 2000 - Feb 11, 2000
#10	-2.78% Dec 5, 2024 - Jan 3, 2025	-1.69% Nov 5, 1999 - Nov 10, 1999
#11	-2.38% Dec 19, 2023 - Dec 26, 2023	-1.69% Nov 12, 1999 - Nov 16, 1999
#12	-1.23% Dec 2, 2024 - Dec 5, 2024	-0.52% Feb 15, 2000 - Feb 17, 2000
#13	-0.88% Feb 11, 2025 - Feb 14, 2025	-0.51% Jun 15, 2000 - Jun 19, 2000
#14	-0.39% Jan 11, 2022 - Jan 13, 2022	N/A
#15	-0.31% Nov 25, 2024 - Nov 29, 2024	N/A

Correlation

Correlation between REFI and FORR is -0.72 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.72

-101

Dividend Comparison (2010 - 2026)

REFI vs FORR dividend yield comparison.

Year	REFI	FORR
2026	9.13%	0.00%
2025	15.33%	0.00%
2024	13.36%	0.00%
2023	13.41%	0.00%
2022	13.93%	0.00%
2018	0.00%	1.79%
2017	0.00%	2.15%
2016	0.00%	1.68%
2015	0.00%	2.39%
2014	0.00%	1.63%
2013	0.00%	1.57%
2012	0.00%	2.09%
2010	0.00%	8.50%