Research Frontiers Incorporated (REFR) Stock Total Returns

Growth of $10,000 chart

2021-06-03 to 2026-06-03
to
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Investment Performance

Final Value
$3,028
Total Return
-69.72%
CAGR
-21.26%
Dividends
$0.00
Yield on Cost
0.00%

Rolling Returns

1-Month (21 Trading Days)
Average-0.47%
Median-4.30%
Best+87.74%
Worst-37.04%
% of Windows Positive37.1%
1-Year (252 Trading Days)
Average-3.94%
Median-11.30%
Best+123.53%
Worst-61.81%
% of Windows Positive33.5%
3-Year (756 Trading Days)
Average-23.38%
Median-22.80%
Best+27.33%
Worst-56.04%
% of Windows Positive10.6%

Risk Metrics

Maximum Drawdown -74.30%
Average Drawdown -40.37%
Drawdown Duration 1186 Trading Days (Unrecovered)
Sortino Ratio -0.02
Calmar Ratio -0.29
CVaR (5%) -8.80%

Yearly Returns

Year Percentage Abs. Return Dividends Taxes Trans. Costs
2026 partial -41.98% (-72.51% ann.) $4198.46 $0.00 $0.00 $0.00
2025 -23.39% $2339.20 $0.00 $0.00 $0.00
2024 +69.31% +$6930.70 $0.00 $0.00 $0.00
2023 -47.12% $4712.04 $0.00 $0.00 $0.00
2022 +11.05% +$1104.66 $0.00 $0.00 $0.00
2021 -38.79% $3879.01 $0.00 $0.00 $0.00
2020 -6.64% $664.45 $0.00 $0.00 $0.00
2019 +92.95% +$9294.90 $0.00 $0.00 $0.00
2018 +50.00% +$4999.98 $0.00 $0.00 $0.00
2017 -42.86% $4285.72 $0.00 $0.00 $0.00
2016 -65.07% $6506.71 $0.00 $0.00 $0.00
2015 +1.76% +$175.78 $0.00 $0.00 $0.00
2014 -11.42% $1141.87 $0.00 $0.00 $0.00
2013 +54.55% +$5454.54 $0.00 $0.00 $0.00
2012 +10.32% +$1032.46 $0.00 $0.00 $0.00
2011 -35.92% $3591.69 $0.00 $0.00 $0.00
2010 +39.58% +$3957.78 $0.00 $0.00 $0.00
2009 +74.65% +$7465.45 $0.00 $0.00 $0.00
2008 -78.30% $7830.00 $0.00 $0.00 $0.00
2007 +82.48% +$8248.18 $0.00 $0.00 $0.00
2006 +6.00% +$599.60 $0.00 $0.00 $0.00
2005 -18.97% $1896.55 $0.00 $0.00 $0.00
2004 -31.32% $3132.40 $0.00 $0.00 $0.00
2003 +11.39% +$1139.09 $0.00 $0.00 $0.00
2002 -50.24% $5023.87 $0.00 $0.00 $0.00
2001 -4.23% $422.86 $0.00 $0.00 $0.00
2000 +18.14% +$1814.35 $0.00 $0.00 $0.00
1999 +41.07% +$4107.14 $0.00 $0.00 $0.00
1998 +37.70% +$3770.49 $0.00 $0.00 $0.00
1997 -1.61% $161.29 $0.00 $0.00 $0.00
1996 -22.50% $2250.00 $0.00 $0.00 $0.00
1995 +60.00% +$6000.00 $0.00 $0.00 $0.00
1994 -35.57% $3556.70 $0.00 $0.00 $0.00
1993 +159.82% +$15982.14 $0.00 $0.00 $0.00
1992 +12.00% +$1200.00 $0.00 $0.00 $0.00
1991 +212.50% +$21249.96 $0.00 $0.00 $0.00
1990 -40.74% $4074.06 $0.00 $0.00 $0.00
1989 -28.95% $2894.73 $0.00 $0.00 $0.00
1988 +111.11% +$11111.07 $0.00 $0.00 $0.00
1987 -66.67% $6666.66 $0.00 $0.00 $0.00
1986 partial -12.90% (-24.93% ann.) $1290.32 $0.00 $0.00 $0.00

Market Regimes

about
Regime Period Percentage Annual Abs. Return Dividends Taxes Trans. Costs
Dot-com bubble / TMT mania August 9, 1995 – March 10, 2000 +125.93% +19.45% +$12592.59 $0.00 $0.00 $0.00
Dot-com bust / post-bubble disinflation scare March 13, 2000 – October 9, 2002 -70.44% -37.72% $7043.84 $0.00 $0.00 $0.00
China-WTO / housing-credit / commodity boom October 10, 2002 – October 9, 2007 +73.56% +11.67% +$7356.19 $0.00 $0.00 $0.00
GFC / deleveraging / dollar shortage October 10, 2007 – March 9, 2009 -83.42% -71.97% $8342.04 $0.00 $0.00 $0.00
Policy-led rebound / euro-sovereign-crisis overlay March 10, 2009 – July 25, 2012 +14.62% +4.13% +$1462.45 $0.00 $0.00 $0.00
Secular stagnation / QE / low inflation / duration bull July 26, 2012 – February 19, 2020 +33.45% +3.89% +$3344.82 $0.00 $0.00 $0.00
Pandemic shock / liquidity crash February 20, 2020 – March 23, 2020 -34.94% -99.26% $3493.97 $0.00 $0.00 $0.00
Policy bazooka / monetary euphoria March 24, 2020 – November 6, 2020 -2.72% -4.34% $272.11 $0.00 $0.00 $0.00
Reopening reflation / fiscal boom / supply bottlenecks November 9, 2020 – November 29, 2021 -30.54% -29.23% $3053.70 $0.00 $0.00 $0.00
Inflation shock / duration crash / aggressive tightening November 30, 2021 – November 9, 2022 +18.91% +20.18% +$1890.56 $0.00 $0.00 $0.00
Disinflation rebound / AI-led narrow bull / higher-for-longer November 10, 2022 – September 17, 2024 -19.01% -10.75% $1900.82 $0.00 $0.00 $0.00
Disinflationary easing / resilient growth / AI capex under oil-shock test partial September 18, 2024 – June 3, 2026 -58.47% -40.26% $5846.99 $0.00 $0.00 $0.00

Dividend History

Date Per Share Yield %
Total 0 payments
No dividends recorded.

All calculations use split-adjusted closing prices. Dividends are reinvested on the ex-dividend date at that day's closing price.

For each rolling window, returns are calculated at every possible starting point:

return = (value[i] ÷ value[i − windowSize] − 1) × 100

Windows
1-month = 21 trading days, 1-year = 252 trading days, 3-year = 756 trading days.
Statistics
Average: arithmetic mean. Median: middle value when sorted. Best / Worst: max and min. % Positive: share of windows with return > 0.

The series is segmented by calendar year:

return = (endValue ÷ startValue − 1) × 100

startValue is the last value of the prior year (or the first value for the initial year). Partial first/last years are flagged. Dividends, taxes, and transaction costs are scaled proportionally to the initial investment.

IESC

CAGR 3.86% Total 192.31% Final $29,231
1998-01-28 — 2026-06-03
RXRX

CAGR -34.86% Total -88.91% Final $1,109
2021-04-16 — 2026-06-03
BETA

CAGR -69.24% Total -49.39% Final $5,061
2025-11-04 — 2026-06-03