Fintech Wave Alpha
55.79%
Model portfolio growth
20 constituents
17 positive
48.09% median
FEIM top performer
Amaas Track Record
Fintech Wave Alpha, Bravo, and Charlie represent documented model portfolios generated from the Fintech Trades / Amaas research process. This page presents model-selection history, benchmark comparisons, and stock-level outcomes for research context.
Executive Summary
Each Fintech Wave model portfolio was measured against major U.S. market benchmarks for its corresponding documented period.
Fintech Wave Bravo
32.20%
Model portfolio growth
11 constituents
9 positive
32.20% median
ACMR top performer
Fintech Wave Charlie
38.30%
Model portfolio growth
10 constituents
10 positive
31.99% median
ACMR top performer
Benchmark Comparison
The following comparisons show each Fintech Wave model portfolio against the S&P 500, NASDAQ Composite, and Dow Jones Industrial Average over the corresponding measurement window.
AMAAS outperformed the S&P 500 across every published Fintech Wave model portfolio.
Alpha: +34.18 percentage points
Bravo: +21.79 percentage points
Charlie: +30.87 percentage points
Fintech Wave Alpha
Beat the S&P 500 by 34.18 percentage points
55.79%
Model portfolio return
Fintech Wave Bravo
Beat the S&P 500 by 21.79 percentage points
32.20%
Model portfolio return
Fintech Wave Charlie
Beat the S&P 500 by 30.87 percentage points
38.30%
Model portfolio return
Model Portfolio Timeline
The Fintech Wave series documents how the research methodology was applied across multiple selection periods.
Fintech Wave Alpha4/17/2025 selection baseline · 20 constituents · 55.79% documented growth
Fintech Wave Bravo9/19/2025 selection baseline · 11 constituents · 32.20% documented growth
Fintech Wave Charlie11/28/2025 selection baseline · 10 constituents · 38.30% documented growth
Fintech Wave Alpha
Selection baseline: 4/17/2025. Documented model portfolio value moved from $1,720.08 to $2,679.70.
55.79%
20 constituents
17 positive performers
Median growth: 48.09%
NASDAQ Composite: 31.00%Dow Jones Industrial Average: 22.57%S&P 500: 21.61%
| Rank | Company | Selection Date | Begin Price | Current Price | Growth |
|---|---|---|---|---|---|
| 1 | FEIM FREQUENCY ELECTRONICS, INC. (XNAS:FEIM) |
4/17/2025 | $15.06 | $67.27 | 346.68% |
| 2 | HOOD ROBINHOOD MARKETS, INC. (XNAS:HOOD) |
4/17/2025 | $34.51 | $97.22 | 181.70% |
| 3 | PTGX PROTAGONIST THERAPEUTICS, INC. (XNAS:PTGX) |
4/17/2025 | $44.44 | $122.15 | 174.86% |
| 4 | HWM HOWMET AEROSPACE INC. (XNYS:HWM) |
4/17/2025 | $112.33 | $276.06 | 145.76% |
| 5 | ENVA ENOVA INTERNATIONAL, INC. (XNYS:ENVA) |
6/24/2025 | $100.56 | $216.58 | 115.37% |
| 6 | UI UBIQUITI INC. (XNYS:UI) |
4/17/2025 | $273.45 | $549.88 | 101.09% |
| 7 | VIRT VIRTU FINANCIAL, INC. (XNYS:VIRT) |
4/17/2025 | $35.10 | $62.35 | 77.64% |
| 8 | WLFC WILLIS LEASE FINANCE CORPORATION (XNAS:WLFC) |
4/17/2025 | $135.52 | $216.27 | 59.59% |
| 9 | TPB TURNING POINT BRANDS, INC. (XNYS:TPB) |
4/17/2025 | $54.53 | $84.74 | 55.40% |
| 10 | EXEL EXELIXIS, INC. (XNAS:EXEL) |
4/17/2025 | $34.57 | $52.87 | 52.94% |
| 11 | IDCC InterDigital, Inc. (XNAS:IDCC) |
4/17/2025 | $191.31 | $274.05 | 43.25% |
| 12 | CPRX CATALYST PHARMACEUTICALS, INC. (XNAS:CPRX) |
4/17/2025 | $23.07 | $31.42 | 36.19% |
| 13 | PRDO PERDOCEO EDUCATION CORPORATION (XNAS:PRDO) |
4/17/2025 | $25.49 | $32.89 | 29.03% |
| 14 | EAT BRINKER INTERNATIONAL, INC. (XNYS:EAT) |
4/17/2025 | $135.07 | $170.02 | 25.88% |
| 15 | ATGE COVISTA INC. (XNYS:CVSA) |
4/17/2025 | $98.02 | $122.81 | 25.29% |
| 16 | HALO HALOZYME THERAPEUTICS, INC. (XNAS:HALO) |
4/17/2025 | $59.77 | $71.15 | 19.04% |
| 17 | SYF SYNCHRONY FINANCIAL (XNYS:SYF) |
10/30/2025 | $74.41 | $76.32 | 2.57% |
| 18 | CALM CAL-MAINE FOODS, INC. (XNAS:CALM) |
4/17/2025 | $92.29 | $79.03 | -14.37% |
| 19 | ADMA ADMA BIOLOGICS, INC. (XNAS:ADMA) |
4/17/2025 | $18.01 | $8.70 | -51.69% |
| 20 | CVNA CARVANA CO. (XNYS:CVNA) |
4/17/2025 | $162.57 | $67.93 | -58.22% |
Fintech Wave Bravo
Selection baseline: 9/19/2025. Documented model portfolio value moved from $858.92 to $1,135.48.
32.20%
11 constituents
9 positive performers
Median growth: 32.20%
S&P 500: 10.41%NASDAQ Composite: 12.57%Dow Jones Industrial Average: 11.95%
| Rank | Company | Selection Date | Begin Price | Current Price | Growth |
|---|---|---|---|---|---|
| 1 | ACMR ACM RESEARCH, INC. (XNAS:ACMR) |
9/19/2025 | $35.89 | $101.60 | 183.09% |
| 2 | NUTX NUTEX HEALTH INC. (XNAS:NUTX) |
9/19/2025 | $96.11 | $147.54 | 53.51% |
| 3 | DAVE DAVE INC. (XNAS:DAVE) |
12/22/2025 | $218.01 | $323.22 | 48.26% |
| 4 | ESP ESPEY MFG. & ELECTRONICS CORP. (XNYS:ESP) |
12/22/2025 | $45.32 | $63.81 | 40.80% |
| 5 | PTCT PTC THERAPEUTICS, INC. (XNAS:PTCT) |
9/19/2025 | $60.48 | $84.41 | 39.57% |
| 6 | Total nan |
nan | $858.92 | $1,135.48 | 32.20% |
| 7 | NRIM NORTHRIM BANCORP, INC. (XNAS:NRIM) |
10/30/2025 | $22.10 | $26.68 | 20.72% |
| 8 | STRT STRATTEC SECURITY CORPORATION (XNAS:STRT) |
9/19/2025 | $70.45 | $80.55 | 14.34% |
| 9 | FHI FEDERATED HERMES, INC. (XNYS:FHI) |
9/19/2025 | $52.70 | $56.38 | 6.98% |
| 10 | SYF SYNCHRONY FINANCIAL (XNYS:SYF) |
9/19/2025 | $76.59 | $76.32 | -0.35% |
| 11 | HCI HCI GROUP, INC. (XNYS:HCI) |
9/19/2025 | $181.27 | $174.97 | -3.48% |
Fintech Wave Charlie
Selection baseline: 11/28/2025. Documented model portfolio value moved from $814.96 to $1,127.08.
38.30%
10 constituents
10 positive performers
Median growth: 31.99%
S&P 500: 7.43%NASDAQ Composite: 9.03%Dow Jones Industrial Average: 8.66%
| Rank | Company | Selection Date | Begin Price | Current Price | Growth |
|---|---|---|---|---|---|
| 1 | ACMR ACM RESEARCH, INC. (XNAS:ACMR) |
11/28/2025 | $32.87 | $101.60 | 209.10% |
| 2 | FEIM FREQUENCY ELECTRONICS, INC. (XNAS:FEIM) |
11/28/2025 | $28.64 | $67.27 | 134.88% |
| 3 | C CITIGROUP INC. (XNYS:C) |
11/28/2025 | $102.50 | $143.77 | 40.26% |
| 4 | PTCT PTC THERAPEUTICS, INC. (XNAS:PTCT) |
11/28/2025 | $60.48 | $84.41 | 39.57% |
| 5 | FCAP FIRST CAPITAL, INC. (XNAS:FCAP) |
11/28/2025 | $49.40 | $65.79 | 33.18% |
| 6 | NUTX NUTEX HEALTH INC. (XNAS:NUTX) |
11/28/2025 | $112.80 | $147.54 | 30.80% |
| 7 | AMG AFFILIATED MANAGERS GROUP, INC. (XNYS:AMG) |
11/28/2025 | $267.60 | $339.10 | 26.72% |
| 8 | NCSM NCS MULTISTAGE HOLDINGS, INC. (XNAS:NCSM) |
11/28/2025 | $37.44 | $45.26 | 20.89% |
| 9 | NC NACCO INDUSTRIES, INC. (XNYS:NC) |
11/28/2025 | $47.98 | $51.79 | 7.94% |
| 10 | STRT STRATTEC SECURITY CORPORATION (XNAS:STRT) |
11/28/2025 | $75.25 | $80.55 | 7.04% |
Methodology Context
Amaas evaluates publicly traded equities using a structured research workflow that combines quantitative scoring, financial statement analysis, valuation context, market sentiment, projected growth, and macroeconomic conditions. The Fintech Wave model portfolios are historical examples of this research process applied at specific points in time.
Research & Performance Disclosure
Amaas provides research, analysis, and decision-support information only. Fintech Wave model portfolio results are historical research examples and should not be interpreted as personalized investment advice, a recommendation to buy or sell securities, or a guarantee of future performance. Past performance is not indicative of future results. Benchmark comparisons are provided for context and may reflect different measurement windows for each model portfolio.