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Springwater Special Situations Corp. (SWSSU)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US85205U2069
CUSIP
85205U206
IPO Date
Aug 26, 2021

Highlights

EBITDA (TTM)
-$1.50M
Year Range
$1.07 - $10.00

Share Price Chart


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Often compared with SWSSU:
SWSSU vs. SPY

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Springwater Special Situations Corp., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Springwater Special Situations Corp. (SWSSU) has returned 0.00% so far this year and -89.35% over the past 12 months.


Springwater Special Situations Corp.

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
-89.35%
3Y*
-53.50%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Aug 26, 2021, SWSSU's average daily return is -0.07%, while the average monthly return is -1.53%.

Historically, 36% of months were positive and 64% were negative. The best month was May 2024 with a return of +12.4%, while the worst month was Sep 2025 at -89.4%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 2 months.

On a daily basis, SWSSU closed higher 9% of trading days. The best single day was May 29, 2024 with a return of +11.1%, while the worst single day was Sep 26, 2025 at -89.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.00%0.00%0.00%0.00%
20250.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-89.35%0.00%0.00%0.00%-89.35%
20240.10%0.00%0.67%0.00%12.38%-15.90%0.00%0.00%0.00%0.00%0.00%0.00%-4.76%
20230.69%0.00%3.62%0.00%0.00%-3.40%1.76%3.68%-2.90%0.19%0.00%0.00%3.45%
20220.55%-0.84%-0.10%0.80%-0.50%-0.70%0.10%0.10%0.12%0.48%0.10%1.10%1.20%
20210.10%1.22%0.60%-0.00%-0.10%1.83%

Benchmark Metrics

Springwater Special Situations Corp. has an annualized alpha of -16.65%, beta of -0.03, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since August 27, 2021.

  • This stock tended to rise when S&P 500 Index fell (downside capture of -4.67%), but participation in market rallies was also limited (-99.92%) — a profile typical of counter-cyclical assets.
  • Beta of -0.03 may look defensive, but with R² of 0.00 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R² of 0.00 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-16.65%
Beta
-0.03
0.00
Upside Capture
-99.92%
Downside Capture
-4.67%

Return for Risk

Risk / Return Rank

SWSSU ranks 5 for risk / return — in the bottom 5% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


SWSSU Risk / Return Rank: 55
Overall Rank
SWSSU Sharpe Ratio Rank: 44
Sharpe Ratio Rank
SWSSU Sortino Ratio Rank: 1111
Sortino Ratio Rank
SWSSU Omega Ratio Rank: 00
Omega Ratio Rank
SWSSU Calmar Ratio Rank: 11
Calmar Ratio Rank
SWSSU Martin Ratio Rank: 1212
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Springwater Special Situations Corp. (SWSSU) and compare them to a chosen benchmark (S&P 500 Index).


SWSSUBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-1.00

0.90

-1.90

Sortino ratio

Return per unit of downside risk

-1.00

1.39

-2.39

Omega ratio

Gain probability vs. loss probability

0.00

1.21

-1.21

Calmar ratio

Return relative to maximum drawdown

-1.00

1.40

-2.40

Martin ratio

Return relative to average drawdown

-1.40

6.61

-8.01

Explore SWSSU risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Springwater Special Situations Corp. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Springwater Special Situations Corp.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Springwater Special Situations Corp. was 91.87%, occurring on Sep 26, 2025. The portfolio has not yet recovered.

The current Springwater Special Situations Corp. drawdown is 91.87%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-91.87%Jun 4, 2024330Sep 26, 2025
-6.2%Dec 30, 20226Jan 9, 2023288Mar 4, 2024294
-3.91%Mar 6, 20241Mar 6, 202458May 29, 202459
-2.15%Nov 15, 2021212Sep 19, 202271Dec 29, 2022283
-0.5%Oct 13, 20215Oct 19, 202114Nov 8, 202119

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Springwater Special Situations Corp. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Springwater Special Situations Corp. is priced in the market compared to other companies in the Shell Companies industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items