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Theme

E-commerce

Every analyzed stock in E-commerce — 318 companies. Each card shows price, our model's intrinsic value (IV), and how far price sits above or below it. Click any card for the full analysis. This is a research-triage view, not a buy/sell signal.

E-commerce risk
Near-term vs. long-term risk for this theme
⚡ Right now ?Near-term risk over roughly the next 3 months. Blends live market conditions (volatility, how far the S&P is from its highs, credit spreads, the yield curve, sentiment), how stretched valuations are, and what the smart money is doing. Higher = greater odds of a pullback. · next 0–3 months
40 /100 Elevated ▼ -3 slight
Long-term risk ?Long-term / structural risk — the market's underlying tide. Where valuations sit versus 145 years of history (Shiller CAPE) plus multi-year trends. A high reading means weak long-run return prospects even if the market feels calm right now. · structural · vs 145yr history
61 /100 High ◆ flat
▲ / ▼ = change vs ~7 days ago — red = risk rising, green = falling.
Inside the "right now" score — a 45 / 30 / 25 blend · 214 stocks valued
Conditions · 45% ?The live market weather: VIX (expected volatility), how far the S&P 500 is below its 52-week high, high-yield credit spreads, the 10-year vs 2-year yield curve, and the Fear & Greed index. Market-wide indices, not per-stock.
33 Moderate
Valuation · 30% ?How expensive stocks are versus our intrinsic-value models: the median price-to-value ratio and the share of stocks trading above what we think they are worth, across 214 stocks.
39 Moderate
Smart money · 25% ?What informed money is doing: short-selling activity plus corporate insiders buying or selling their own stock. Broken out below.
52 Elevated
Smart money — the three inputs
Short-selling ?Share of ALL US trading volume that is short sales (FINRA, ~12,000 symbols, market-wide). It normally sits near 45–50%, so readings above ~50% lean bearish and read as higher risk. Weighted 40% of Smart money.
50.3%
Elevated
Buyers' strike ?Share of the sampled companies whose insiders bought NONE of their own stock on the open market in the last 12 months. The higher this runs, the more bearish (nobody's buying the dip in their own shares). Weighted 35%.
58%
Elevated
Net insider selling ?Share of the sampled companies whose insiders were net DISCRETIONARY sellers over 12 months (excludes scheduled 10b5-1 plans, which carry little signal). Around half is normal; well above that is bearish. Weighted 25%.
36%
Moderate
Black number = the raw figure; coloured bar & word = how it reads as risk. Insider inputs from 224 stocks (full universe); short-selling is market-wide.
Long-term risk: the long-term read runs high mainly because valuations sit near a historic extreme (Shiller CAPE) — a structural backdrop, not about this week.
Scale (0–100): 0–20 Low · 20–40 Moderate · 40–60 Elevated · 60–80 High · 80–100 Extreme. "Right now" reads today's conditions; the "long-term" score is anchored to ~145 years of valuation history.
Educational use only — not investment advice. "Undervalued / fairly valued / overvalued" and every risk score reflect our models vs. price, which can be wrong or based on stale or incomplete data. Always review the company's own financials and SEC filings, and consult a licensed advisor, before acting.
Sort by: A–Z Riskiest Most overvalued Most shorted Buyers' strike Largest
This week in E-commerce
E-commerce — Sep 7 – Sep 11, 2026 (Wk 37): E-commerce Risk Elevated; Amazon Sees Investor Inflows; MercadoLibre’s Unique Achievement →
The E-commerce theme's risk score increased this week. Several investment firms made significant new investments in Amazon.com, Inc. Meanwhile, MercadoLibre achieved a milestone that other major e-commerce companies have not.
NAGE
Niagen Bioscience, Inc.
Deeply overvalued
Healthcare Risk 58 · Elevated
Price$3.04
Model IV$1.72
P/IV2.24
Premium +77% Return to IV: -43.4%
Market implies +19.1%/yr vs model +15.4% · above model
NEGG
Newegg Commerce, Inc.
Valuation N/A
Consumer Cyclical Risk 44 · Elevated
Price$14.67
Model IV—
P/IV—
Limited data — see page
NEXR
Nexera Technologies Ltd
Valuation N/A
Consumer Cyclical Risk 46 · Elevated
Price$1.55
Model IV—
P/IV—
Market implies +150.0%/yr vs model +26.8% · above model
NKE
NIKE, Inc.
Deeply overvalued
Consumer Cyclical Risk 58 · Elevated
Price$36.80
Model IV$27.41
P/IV1.69
Premium +34% Return to IV: -25.5%
Market implies +8.4%/yr vs model +5.0% · above model
NSIT
INSIGHT ENTERPRISES INC
Deeply overvalued
Consumer Cyclical Risk 53 · Elevated
Price$161.84
Model IV$102.18
P/IV1.04
Premium +58% Return to IV: -36.9%
Market implies +11.8%/yr vs model +6.2% · above model
NTES
NetEase, Inc.
Deeply overvalued
Technology Risk 60 · High
Price$115.61
Model IV$42.68
P/IV2.88
Premium +171% Return to IV: -63.1%
Market implies +19.4%/yr vs model +7.6% · above model
NWL
NEWELL BRANDS INC.
Deeply overvalued
Consumer Cyclical Risk 49 · Elevated
Price$5.85
Model IV$3.65
P/IV0.93
Premium +60% Return to IV: -37.7%
Market implies +4.6%/yr vs model +0.0% · above model
OCG
Oriental Culture Holding LTD
Valuation N/A
Technology Risk 47 · Elevated
Price$1.58
Model IV—
P/IV—
Limited data — see page
ODD
Oddity Tech Ltd
Valuation N/A
Consumer Defensive Risk 57 · Elevated
Price$17.95
Model IV—
P/IV—
Limited data — see page
OLB
OLB GROUP, INC.
Valuation N/A
Technology Risk 46 · Elevated
Price$0.28
Model IV—
P/IV—
Market implies -50.0%/yr vs model +50.0% · below model
OLPX
OLAPLEX HOLDINGS, INC.
Deeply overvalued
Consumer Defensive Risk 63 · High
Price$2.07
Model IV$1.21
P/IV1.69
Premium +71% Return to IV: -41.6%
Market implies +8.4%/yr vs model +2.9% · above model
ONFO
Onfolio Holdings, Inc
Deeply undervalued
Technology Risk 26 · Moderate
Price$0.85
Model IV$11.30
P/IV0.06
Discount 93% Return to IV: +1,237.6%
Market implies -50.0%/yr vs model +50.0% · below model
ONON
On Holding AG
Valuation N/A
Consumer Cyclical Risk 32 · Moderate
Price$27.47
Model IV—
P/IV—
Limited data — see page
OXM
OXFORD INDUSTRIES INC
Deeply undervalued
Consumer Cyclical Risk 39 · Moderate
Price$31.53
Model IV$75.35
P/IV0.59
Discount 58% Return to IV: +139.0%
Market implies -13.5%/yr vs model +6.7% · below model
PACK
Ranpak Holdings Corp.
Valuation N/A
Basic Materials Risk 53 · Elevated
Price$3.95
Model IV—
P/IV—
Market implies +17.6%/yr vs model +0.0% · above model
PAYO
Payoneer Global Inc.
Fairly valued
Technology Risk 39 · Moderate
Price$7.12
Model IV$6.25
P/IV0.83
Premium +14% Return to IV: -12.2%
Market implies +12.1%/yr vs model +14.3% · in line
PBI
PITNEY BOWES INC /DE/
Deeply overvalued
Technology Risk 69 · High
Price$17.06
Model IV$11.84
P/IV1.36
Premium +44% Return to IV: -30.6%
Market implies -1.4%/yr vs model -6.2% · above model
PDD
PDD Holdings Inc.
Fairly valued
Technology Risk 40 · Elevated
Price$79.38
Model IV$71.92
P/IV1.17
Premium +10% Return to IV: -9.4%
Market implies +16.7%/yr vs model +20.0% · below model
PETS
PETMED EXPRESS INC
Deeply undervalued
Consumer Cyclical Risk 32 · Moderate
Price$1.65
Model IV$4.95
P/IV0.44
Discount 67% Return to IV: +200.0%
Market implies -22.9%/yr vs model +2.0% · below model
PETZ
TDH Holdings, Inc.
Valuation N/A
Real Estate Risk 29 · Moderate
Price$1.33
Model IV—
P/IV—
Market implies +27.0%/yr vs model +3.7% · above model
PEW
GrabAGun Digital Holdings Inc.
Deeply undervalued
Consumer Cyclical Risk 42 · Elevated
Price$2.13
Model IV$5.30
P/IV0.51
Discount 60% Return to IV: +149.0%
Market implies -19.5%/yr vs model +15.0% · below model
PINS
PINTEREST, INC.
Deeply overvalued
Technology Risk 58 · Elevated
Price$18.76
Model IV$12.82
P/IV1.56
Premium +46% Return to IV: -31.7%
Market implies +15.2%/yr vs model +12.8% · in line
PKG
PACKAGING CORP OF AMERICA
Deeply overvalued
Basic Materials Risk 64 · High
Price$231.21
Model IV$117.78
P/IV1.86
Premium +96% Return to IV: -49.1%
Market implies +12.5%/yr vs model +4.2% · above model
PLAG
Planet Green Holdings Corp.
Valuation N/A
Consumer Defensive Risk 39 · Moderate
Price$0.72
Model IV—
P/IV—
Market implies +27.7%/yr vs model +2.0% · above model
PLBY
Playboy, Inc.
Deeply overvalued
Consumer Cyclical Risk 65 · High
Price$1.14
Model IV$0.53
P/IV2.60
Premium +116% Return to IV: -53.8%
Market implies +10.2%/yr vs model +2.0% · above model
PLCE
Childrens Place, Inc.
Valuation N/A
Consumer Cyclical Risk 51 · Elevated
Price$2.47
Model IV—
P/IV—
Market implies -46.5%/yr vs model +2.0% · below model
PLD
Prologis, Inc.
Deeply overvalued
Financial Services Risk 68 · High
Price$135.75
Model IV$80.88
P/IV1.77
Premium +68% Return to IV: -40.4%
PMAX
Powell Max Ltd
Valuation N/A
Technology
Price$0.88
Model IV—
P/IV—
Limited data — see page
PMNT
Perfect Moment Ltd.
Deeply overvalued
Consumer Cyclical Risk 49 · Elevated
Price$0.13
Model IV$0.15
P/IV1.48
Discount 14% Return to IV: +16.3%
Market implies -9.4%/yr vs model +2.0% · below model
POM
POMDOCTOR Ltd
Valuation N/A
Consumer Cyclical Risk 64 · High
Price$0.71
Model IV—
P/IV—
Market implies -30.5%/yr vs model +15.0% · below model
PRE
Prenetics Global Ltd
Valuation N/A
Healthcare Risk 29 · Moderate
Price$23.47
Model IV—
P/IV—
Limited data — see page
PRENW
Prenetics Global Ltd
Valuation N/A
Healthcare Risk 31 · Moderate
Price$0.01
Model IV—
P/IV—
Limited data — see page
PRG
PROG Holdings, Inc.
Deeply undervalued
Technology Risk 39 · Moderate
Price$36.96
Model IV$95.25
P/IV0.39
Discount 61% Return to IV: +157.7%
Market implies -9.5%/yr vs model +7.0% · below model
PRPL
Purple Innovation, Inc.
Deeply undervalued
Consumer Cyclical Risk 35 · Moderate
Price$3.27
Model IV$2.04
P/IV0.20
Premium +60% Return to IV: -37.6%
Market implies +0.1%/yr vs model +2.0% · in line
PRTS
CarParts.com, Inc.
Deeply overvalued
Consumer Cyclical Risk 64 · High
Price$8.98
Model IV$3.69
P/IV1.50
Premium +143% Return to IV: -58.9%
Market implies +11.7%/yr vs model +2.0% · above model
PSNY
Polestar Automotive Holding UK PLC
Valuation N/A
Consumer Cyclical
Price$7.40
Model IV—
P/IV—
Limited data — see page
PTRN
Pattern Group Inc.
Deeply undervalued
Consumer Cyclical Risk 35 · Moderate
Price$20.05
Model IV$51.31
P/IV0.37
Discount 61% Return to IV: +155.9%
Market implies -12.7%/yr vs model +35.3% · below model
PVH
PVH CORP. /DE/
Deeply undervalued
Consumer Cyclical Risk 39 · Moderate
Price$73.01
Model IV$164.29
P/IV0.57
Discount 56% Return to IV: +125.0%
Market implies -6.1%/yr vs model +7.0% · below model
PYPL
PayPal Holdings, Inc.
Deeply undervalued
Technology Risk 23 · Moderate
Price$53.72
Model IV$90.38
P/IV0.50
Discount 41% Return to IV: +68.2%
Market implies +2.5%/yr vs model +12.5% · below model
QNST
QUINSTREET, INC
Deeply undervalued
Technology Risk 42 · Elevated
Price$18.38
Model IV$20.41
P/IV0.61
Discount 10% Return to IV: +11.1%
Market implies -3.5%/yr vs model +5.8% · below model
RBA
RB GLOBAL INC.
Deeply undervalued
Technology Risk 34 · Moderate
Price$83.60
Model IV$178.98
P/IV0.59
Discount 53% Return to IV: +114.1%
Market implies +8.6%/yr vs model +25.0% · below model
RCKY
ROCKY BRANDS, INC.
Deeply undervalued
Consumer Cyclical Risk 41 · Elevated
Price$44.19
Model IV$56.55
P/IV0.68
Discount 22% Return to IV: +28.0%
Market implies -3.3%/yr vs model +3.0% · below model
RCT
RedCloud Holdings plc
Deeply undervalued
Consumer Cyclical Risk 34 · Moderate
Price$0.20
Model IV$2.24
P/IV0.30
Discount 91% Return to IV: +1,026.9%
Market implies -50.0%/yr vs model +50.0% · below model
REAL
TheRealReal, Inc.
Deeply overvalued
Consumer Cyclical Risk 60 · High
Price$9.83
Model IV$3.33
P/IV2.90
Premium +195% Return to IV: -66.1%
Market implies +21.9%/yr vs model +10.3% · above model
RECT
Rectitude Holdings Ltd.
Deeply undervalued
Industrials Risk 36 · Moderate
Price$1.25
Model IV$19.93
P/IV0.07
Discount 94% Return to IV: +1,494.2%
Market implies -50.0%/yr vs model +50.0% · below model
RENT
Rent the Runway, Inc.
Undervalued
Consumer Cyclical Risk 70 · High
Price$2.45
Model IV$3.11
P/IV1.27
Discount 21% Return to IV: +26.7%
Market implies -2.7%/yr vs model +25.8% · below model
RERE
ATRenew Inc.
Valuation N/A
Consumer Cyclical Risk 60 · High
Price$3.97
Model IV—
P/IV—
Limited data — see page
REXR
Rexford Industrial Realty, Inc.
Fairly valued
Financial Services Risk 52 · Elevated
Price$38.04
Model IV$32.05
P/IV1.11
Premium +19% Return to IV: -15.7%
RITR
Reitar Logtech Holdings Ltd
Deeply undervalued
Real Estate Risk 37 · Moderate
Price$0.09
Model IV$1.23
P/IV0.40
Discount 93% Return to IV: +1,338.6%
Market implies -50.0%/yr vs model +15.0% · below model
RL
RALPH LAUREN CORP
Fairly valued
Consumer Cyclical Risk 47 · Elevated
Price$341.43
Model IV$298.16
P/IV1.22
Premium +15% Return to IV: -12.7%
Market implies +11.3%/yr vs model +11.2% · in line
RSKD
RISKIFIED LTD.
Fairly valued
Technology Risk 36 · Moderate
Price$6.09
Model IV$5.07
P/IV0.96
Premium +20% Return to IV: -16.8%
Market implies -0.1%/yr vs model +10.7% · below model
RVLV
Revolve Group, Inc.
Deeply overvalued
Consumer Cyclical Risk 58 · Elevated
Price$21.13
Model IV$7.26
P/IV2.70
Premium +191% Return to IV: -65.6%
Market implies +21.6%/yr vs model +9.0% · above model
RXO
RXO, Inc.
Valuation N/A
Industrials Risk 40 · Elevated
Price$19.49
Model IV—
P/IV—
Market implies +40.3%/yr vs model +5.4% · above model
SBEV
SPLASH BEVERAGE GROUP, INC.
Valuation N/A
Consumer Defensive Risk 33 · Moderate
Price$0.31
Model IV—
P/IV—
Market implies +45.2%/yr vs model +2.0% · above model
SBH
Sally Beauty Holdings, Inc.
Undervalued
Consumer Cyclical Risk 41 · Elevated
Price$15.96
Model IV$22.13
P/IV0.60
Discount 28% Return to IV: +38.7%
Market implies -0.9%/yr vs model +5.4% · below model
SCHL
SCHOLASTIC CORP
Deeply undervalued
Communication Services Risk 42 · Elevated
Price$35.01
Model IV$99.27
P/IV0.41
Discount 65% Return to IV: +183.5%
Market implies -6.5%/yr vs model +10.4% · below model
SCVL
SHOE CARNIVAL INC
Fairly valued
Consumer Cyclical Risk 58 · Elevated
Price$14.49
Model IV$14.55
P/IV1.22
Discount 0% Return to IV: +0.4%
Market implies -0.8%/yr vs model +0.6% · in line
SE
Sea Ltd
Undervalued
Technology Risk 31 · Moderate
Price$102.65
Model IV$137.58
P/IV0.66
Discount 25% Return to IV: +34.0%
Market implies +8.7%/yr vs model +16.5% · below model
SEAT
Vivid Seats Inc.
Deeply undervalued
Communication Services Risk 50 · Elevated
Price$4.95
Model IV$22.00
P/IV0.40
Discount 77% Return to IV: +344.4%
Market implies -28.1%/yr vs model +3.7% · below model
SERV
Serve Robotics Inc. /DE/
Valuation N/A
Industrials Risk 44 · Elevated
Price$4.48
Model IV—
P/IV—
Market implies +83.4%/yr vs model +15.0% · above model