Micro Cap

AACB

Artius II Acquisition Inc.

Valuation N/A

Financial Services

Price$10.52

Model IV—

P/IV—

Limited data — see page

AACBR

Artius II Acquisition Inc.

Valuation N/A

Financial Services

Price$0.19

Model IV—

P/IV—

Limited data — see page

AACG

ATA Creativity Global

Valuation N/A

Consumer Defensive

Price$1.04

Model IV—

P/IV—

Market implies +24.4%/yr vs model +4.8% · above model

AACI

Armada Acquisition Corp. III

Valuation N/A

Financial Services

Price$10.00

Model IV—

P/IV—

Limited data — see page

AACO

Abony Acquisition Corp. I

Valuation N/A

Financial Services

Price$9.95

Model IV—

P/IV—

Limited data — see page

AACP

Apogee Acquisition Corp

Valuation N/A

Financial Services

Price$9.97

Model IV—

P/IV—

Limited data — see page

AAME

ATLANTIC AMERICAN CORP

Undervalued

Financial Services

Price$1.71

Model IV$2.38

P/IV0.91

Discount 28% Return to IV: +39.0%

Market implies -19.6%/yr vs model +2.0% · below model

AARD

Aardvark Therapeutics, Inc.

Valuation N/A

Healthcare

Price$5.70

Model IV—

P/IV—

Limited data — see page

ABLV

Able View Global Inc.

Deep Overvalued

Consumer Cyclical

Price$1.19

Model IV$0.40

P/IV2.75

Premium +198% Return to IV: -66.4%

Market implies +14.6%/yr vs model +3.0% · above model

ABOS

Acumen Pharmaceuticals, Inc.

Valuation N/A

Healthcare

Price$2.74

Model IV—

P/IV—

Limited data — see page

ABTC

American Bitcoin Corp.

Deep Overvalued

Financial Services

Price$0.56

Model IV$0.31

P/IV3.59

Premium +79% Return to IV: -44.0%

Market implies +14.8%/yr vs model +50.0% · below model

ABTS

Abits Group Inc

Deep Undervalued

Financial Services

Price$1.17

Model IV$3.57

P/IV0.23

Discount 67% Return to IV: +205.1%

Market implies -18.4%/yr vs model +46.0% · below model

ABVC

ABVC BIOPHARMA, INC.

Valuation N/A

Healthcare

Price$1.80

Model IV—

P/IV—

Market implies +72.0%/yr vs model +2.0% · above model

ABVE

Above Food Ingredients Inc.

Valuation N/A

Consumer Defensive

Price$0.11

Model IV—

P/IV—

Limited data — see page

ACAA

Averin Capital Acquisition Corp.

Valuation N/A

Financial Services

Price$10.20

Model IV—

P/IV—

Limited data — see page

ACB

AURORA CANNABIS INC

Valuation N/A

Healthcare

Price$2.84

Model IV—

P/IV—

Limited data — see page

ACCL

Acco Group Holdings Ltd

Undervalued

Industrials

Price$1.72

Model IV$2.39

P/IV0.63

Discount 28% Return to IV: +38.7%

Market implies +1.8%/yr vs model +12.2% · below model

ACCS

ACCESS Newswire Inc.

Overvalued

Industrials

Price$6.89

Model IV$5.66

P/IV1.14

Premium +22% Return to IV: -17.8%

Market implies -6.9%/yr vs model +2.0% · below model

ACET

Adicet Bio, Inc.

Valuation N/A

Healthcare

Price$9.00

Model IV—

P/IV—

Limited data — see page

ACFN

ACORN ENERGY, INC.

Deep Overvalued

Industrials

Price$16.89

Model IV$11.21

P/IV1.52

Premium +51% Return to IV: -33.6%

Market implies +11.0%/yr vs model +11.7% · in line

ACGC

ACP Holdings Acquisition Corp.

Valuation N/A

Financial Services

Price$9.96

Model IV—

P/IV—

Limited data — see page

ACH

ACCENDRA HEALTH INC/VA/

Deep Undervalued

Industrials

Price$3.59

Model IV$9.86

P/IV0.29

Discount 64% Return to IV: +174.7%

Market implies -18.7%/yr vs model +2.0% · below model

ACIU

AC Immune SA

Valuation N/A

Healthcare

Price$2.51

Model IV—

P/IV—

Limited data — see page

ACNT

ASCENT INDUSTRIES CO.

Overvalued

Basic Materials

Price$15.26

Model IV$12.11

P/IV1.12

Premium +26% Return to IV: -20.6%

Market implies -1.8%/yr vs model +0.0% · in line

ACOG

Alpha Cognition Inc.

Valuation N/A

Healthcare

Price$7.89

Model IV—

P/IV—

Market implies +28.3%/yr vs model +15.0% · above model

ACON

Aclarion, Inc.

Valuation N/A

Healthcare

Price$3.09

Model IV—

P/IV—

Market implies +34.6%/yr vs model +5.9% · above model

ACONW

Aclarion, Inc.

Deep Overvalued

Healthcare

Price$0.02

Model IV$0.01

P/IV3.13

Premium +131% Return to IV: -56.7%

Market implies +12.5%/yr vs model +2.0% · above model

ACP

abrdn Income Credit Strategies Fund

Valuation N/A

Unknown

Price$5.28

Model IV—

P/IV—

Limited data — see page

ACR

ACRES Commercial Realty Corp.

Deep Overvalued

Financial Services

Price$18.00

Model IV$8.28

P/IV2.46

Premium +117% Return to IV: -54.0%

Market implies +10.7%/yr vs model +3.0% · above model

ACRE

Ares Commercial Real Estate Corp

Deep Undervalued

Financial Services

Price$4.52

Model IV$6.70

P/IV0.74

Discount 33% Return to IV: +48.2%

Market implies -7.6%/yr vs model +1.0% · below model

ACRV

Acrivon Therapeutics, Inc.

Valuation N/A

Healthcare

Price$1.72

Model IV—

P/IV—

Limited data — see page

ACTG

ACACIA RESEARCH CORP

Deep Overvalued

Financial Services

Price$4.54

Model IV$0.99

P/IV2.54

Premium +357% Return to IV: -78.1%

Market implies +20.8%/yr vs model +3.0% · above model

ACTU

ACTUATE THERAPEUTICS, INC.

Valuation N/A

Healthcare

Price$1.52

Model IV—

P/IV—

Limited data — see page

ACU

ACME UNITED CORP

Deep Overvalued

Industrials

Price$47.61

Model IV$16.96

P/IV2.49

Premium +181% Return to IV: -64.4%

Market implies +14.5%/yr vs model +3.2% · above model

ACV

Virtus Diversified Income & Convertible Fund

Valuation N/A

Unknown

Price$28.03

Model IV—

P/IV—

Limited data — see page

ACXP

Acurx Pharmaceuticals, Inc.

Valuation N/A

Healthcare

Price$1.60

Model IV—

P/IV—

Limited data — see page

ADAC

American Drive Acquisition Co

Valuation N/A

Financial Services

Price$10.07

Model IV—

P/IV—

Limited data — see page

ADAG

Adagene Inc.

Valuation N/A

Healthcare

Price$4.47

Model IV—

P/IV—

Market implies +49.4%/yr vs model +2.0% · above model

ADGM

Adagio Medical Holdings, Inc.

Valuation N/A

Healthcare

Price$0.64

Model IV—

P/IV—

Market implies +44.5%/yr vs model +15.0% · above model

ADIL

ADIAL PHARMACEUTICALS, INC.

Valuation N/A

Healthcare

Price$2.90

Model IV—

P/IV—

Limited data — see page

ADSEW

Ads-Tec Energy Public Ltd Co

Valuation N/A

Technology

Price$0.65

Model IV—

P/IV—

Limited data — see page

ADT

ADT Inc.

Valuation N/A

Technology

Price$6.83

Model IV—

P/IV—

Limited data — see page

ADTX

Aditxt, Inc.

Deep Undervalued

Healthcare

Price$0.01

Model IV$0.03

P/IV3.91

Discount 83% Return to IV: +483.1%

ADVB

Advanced Biomed Inc.

Valuation N/A

Healthcare

Price$4.99

Model IV—

P/IV—

Limited data — see page

ADX

ADAMS DIVERSIFIED EQUITY FUND, INC.

Valuation N/A

Unknown

Price$25.59

Model IV—

P/IV—

Limited data — see page

AEAQ

Activate Energy Acquisition Corp.

Valuation N/A

Financial Services

Price$10.00

Model IV—

P/IV—

Limited data — see page

AEC

ANFIELD ENERGY INC.

Valuation N/A

Basic Materials

Price$4.22

Model IV—

P/IV—

Limited data — see page

AEF

abrdn Emerging Markets ex-China Fund, Inc.

Valuation N/A

Unknown

Price$9.19

Model IV—

P/IV—

Limited data — see page

AEFC

AEGON LTD.

Valuation N/A

Financial Services

Price$18.81

Model IV—

P/IV—

Limited data — see page

AEG

AEGON LTD.

Valuation N/A

Financial Services

Price$8.66

Model IV—

P/IV—

Limited data — see page

AEHL

Antelope Enterprise Holdings Ltd

Valuation N/A

Communication Services

Price$1.00

Model IV—

P/IV—

Limited data — see page

AEI

Alset Inc.

Valuation N/A

Real Estate

Price$1.34

Model IV—

P/IV—

Market implies +35.0%/yr vs model +2.0% · above model

AEMD

AETHLON MEDICAL INC

Valuation N/A

Healthcare

Price$0.71

Model IV—

P/IV—

Market implies +5.9%/yr vs model +15.0% · below model

AENTW

ALLIANCE ENTERTAINMENT HOLDING CORP

Deep Undervalued

Industrials

Price$0.43

Model IV$18.43

P/IV0.03

Discount 98% Return to IV: +4,181.1%

Market implies -50.0%/yr vs model +6.0% · below model

AEON

AEON Biopharma, Inc.

Valuation N/A

Healthcare

Price$0.72

Model IV—

P/IV—

Limited data — see page

AERT

Aeries Technology, Inc.

Deep Overvalued

Industrials

Price$7.34

Model IV$0.65

P/IV1.15

Premium +1,025% Return to IV: -91.1%

Market implies +29.4%/yr vs model +15.0% · above model

AERTW

Aeries Technology, Inc.

Deep Undervalued

Industrials

Price$0.02

Model IV$5.29

P/IV0.00

Discount 100% Return to IV: +24,619.6%

Market implies -50.0%/yr vs model +36.6% · below model

AESP

Aeon Acquisition I Corp.

Valuation N/A

Financial Services

Price$9.87

Model IV—

P/IV—

Limited data — see page

AEXA

American Exceptionalism Acquisition Corp. A

Valuation N/A

Financial Services

Price$11.85

Model IV—

P/IV—

Limited data — see page

AEYE

AUDIOEYE INC

Deep Overvalued

Technology

Price$6.51

Model IV$4.42

P/IV1.74

Premium +47% Return to IV: -32.1%

Market implies +8.4%/yr vs model +13.3% · below model