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Why TOP Stock dropped -8.38% Today — RQD Quant Desk Flash

Q: Is TOP stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-01, TOP Financial Group Limited (Class A) (NASDAQ: TOP) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 45/100 at a spot price of $14.32 (-8.38% 1D, market cap $1.77B). Pillar breakdown: Fundamental Cash Engine 15/20, Institutional 13F & Options Flow 4/20, Executive Insider Alignment 11/20, FRED Macro Regime Fit 8/20, and SEC Balance-Sheet Forensics 7/20. Across 1096 tracked Financials issuers, TOP ranks #934 in composite RQD confidence.

Q: How does TOP compare to MIY and MUJ in the Financials sector?

Within the Financials sector (Investment Bankers/Brokers/Service), TOP carries a Roarable D (45/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of —. By comparison, MIY (Blackrock MuniYield Michigan Quality Fund Inc.) holds a C- grade (59/100 RQD, P/E N/A, ROIC —, cap $1.79B) and MUJ (Blackrock MuniHoldings New Jersey Quality Fund Inc.) posts a D grade (51/100 RQD, P/E N/A, ROIC —, cap $1.70B). Among the 5-stock peer group, TOP leads on earnings multiple (N/A) while TOP leads on capital efficiency (— ROIC).

Q: What are the biggest fundamental strengths and SEC risk factors for TOP?

Per TOP's SEC EDGAR XBRL 10-K filing (FY2025, filed 2026-03-31, CIK 0001848275), TOP Financial Group Limited (Class A) generated $4.7M in revenue (+41.9% YoY), -$1.2M in net income, and $13.1M in free cash flow against $64.1M in total assets and $0 in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Q: Where is TOP trading relative to its 50-day, 200-day, and 52-week technical levels?

TOP last traded at $14.32 (-8.38% on volume of 299,892 shares), positioning the stock -5.04% below its 50-day simple moving average ($15.08) and +67.88% above its 200-day simple moving average ($8.53). Across its 52-week range of $3.06 to $17.42, TOP sits at the 78.4% percentile with a 14-day RSI of 29.5 (OVERSOLD (<32)) and an implied next-earnings move of ±12.5% ($12.53 to $16.11).

Q: Why is TOP stock moving today?

Why TOP Stock dropped -8.38% Today — RQD Quant Desk Flash. Stretched risk/reward at current multiples (steady margins) under elevated 10-year interest-rate pressure.

$14.32 -8.38% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot)

TOP Financial Group Limited (Class A) (TOP) carries a Roarable Rating of D (Sell) with 45/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D • SELL / AVOID Cap $1.77B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

RQD QUANT TACHOMETERSELL / AVOID • D

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D- · Rk D

Each axis scored 0–20

12M PRICE TARGET CONE-5.9% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for TOP)Realized 20D OHLCV Swing Band: ±12.5%

AUTOMATED RQD QUANT DESK MOVER BRIEFINGFull Market News Desk →

Why TOP Stock dropped -8.38% Today — RQD Quant Desk Flash

TOP Financial Group Limited (Class A) (TOP) dropped -8.38% to $14.32, trading at 78% of its 52-week range ($3.06 – $17.42). Stretched risk/reward at current multiples (steady margins) under elevated 10-year interest-rate pressure.

▸Technical Tape: Trading at 78% of its 52-week range ($3.06 – $17.42) with RSI-14 at 29.5 (OVERSOLD (<32)).
▸Volatility Profile: Historical 20-day realized swing band of ±12.5% around $14.32 (no active unusual options sweep snapshot on file).
▸Fundamental Anchor: Roarable D (Sell) backed by 52% gross margin and $13.1M annual free cash flow.

Live TOP Headlines & Catalysts

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Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring TOP)

✓Walkthrough of TOP's RQD Radar, SEC cash-conversion gap & downside invalidation levels
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TOP // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +258.00%🛡️ HOLDING TREND SUPPORT

2026-10-30O $14.18H $14.33L $11.10C $14.32VOL 274.0K

RES: $16.59SUP: $13.74SMA50: $15.08SMA200: $8.53

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

TOP Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 TOP Butterfly Map → + Track TOP →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

8.0%/yr Implied 5Y Growth

vs. +41.9% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on TOP today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for TOP. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for TOP today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (TOP)

Financials Rank #934 of 1096 ⚔️ MIY vs TOP Full Matrix →

1. Head-to-Head Financials Peer Comparison (TOP vs. MIY, MUJ, ETOR, MHD)

Industry: Investment Bankers/Brokers/Service (64 Tracked Issuers)

Across 1096 tracked Financials securities in the Roarable RQD universe, TOP Financial Group Limited (Class A) (TOP) ranks #934 by composite RQD confidence (45/100, grade D) and #450 by equity capitalization ($1.77B). Within this direct 5-issuer industry benchmark cohort, TOP leads on earnings valuation at N/A trailing P/E, while TOP leads on capital efficiency and profitability with — ROIC and — gross margin. MHD currently holds the highest overall quantitative score in the immediate peer group at 60/100 (C-) compared with TOP at 45/100 (D).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
TOP ACTIVE TOP Financial Group Limited (Class A)	D	45/100	—	—	—	-8.38%	$1.77B	Benchmark Subject
MIY Blackrock MuniYield Michigan Quality Fund Inc.	C-	59/100	—	—	—	+0.84%	$1.79B	/miy-vs-top →
MUJ Blackrock MuniHoldings New Jersey Quality Fund Inc.	D	51/100	—	—	—	+1.42%	$1.70B	/muj-vs-top →
ETOR eToro Group Ltd. (Class A)	D	49/100	—	—	—	-1.02%	$1.88B	/etor-vs-top →
MHD Blackrock MuniHoldings Fund Inc.	C-	60/100	—	—	—	+1.12%	$1.61B	/mhd-vs-top →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2026-03-31 • CIK 0001848275

In its most recent audited fiscal period (FY2025, filed 2026-03-31), TOP Financial Group Limited (Class A) (TOP) reported GAAP revenue of $4.7M (+41.9% vs. FY2024 revenue of $3.3M , and -41.2% cumulative change since FY2023) , GAAP net income of -$1.2M, operating cash flow of $14.0M, and free cash flow of $13.1M (+190.7% YoY). On the balance sheet, TOP closed FY2025 with $64.1M in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 5/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2026-03-31	$4.7M	-$1.2M	$14.0M	$13.1M	$64.1M	—
FY2024 (FY)	2025-03-31	$3.3M	-$6.0M	-$14.5M	-$14.5M	—	—
FY2023 (FY)	2024-03-31	$8.0M	$1.1M	$17.8M	$17.8M	—	—

3. TOP Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is TOP stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-01, TOP Financial Group Limited (Class A) (NASDAQ: TOP) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 45/100 at a spot price of $14.32 (-8.38% 1D, market cap $1.77B). Pillar breakdown: Fundamental Cash Engine 15/20, Institutional 13F & Options Flow 4/20, Executive Insider Alignment 11/20, FRED Macro Regime Fit 8/20, and SEC Balance-Sheet Forensics 7/20. Across 1096 tracked Financials issuers, TOP ranks #934 in composite RQD confidence.

How does TOP compare to MIY and MUJ in the Financials sector?

Within the Financials sector (Investment Bankers/Brokers/Service), TOP carries a Roarable D (45/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of —. By comparison, MIY (Blackrock MuniYield Michigan Quality Fund Inc.) holds a C- grade (59/100 RQD, P/E N/A, ROIC —, cap $1.79B) and MUJ (Blackrock MuniHoldings New Jersey Quality Fund Inc.) posts a D grade (51/100 RQD, P/E N/A, ROIC —, cap $1.70B). Among the 5-stock peer group, TOP leads on earnings multiple (N/A) while TOP leads on capital efficiency (— ROIC).

What are the biggest fundamental strengths and SEC risk factors for TOP?

Per TOP's SEC EDGAR XBRL 10-K filing (FY2025, filed 2026-03-31, CIK 0001848275), TOP Financial Group Limited (Class A) generated $4.7M in revenue (+41.9% YoY), -$1.2M in net income, and $13.1M in free cash flow against $64.1M in total assets and $0 in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is TOP trading relative to its 50-day, 200-day, and 52-week technical levels?

TOP last traded at $14.32 (-8.38% on volume of 299,892 shares), positioning the stock -5.04% below its 50-day simple moving average ($15.08) and +67.88% above its 200-day simple moving average ($8.53). Across its 52-week range of $3.06 to $17.42, TOP sits at the 78.4% percentile with a 14-day RSI of 29.5 (OVERSOLD (<32)) and an implied next-earnings move of ±12.5% ($12.53 to $16.11).

TOP Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Why is TOP stock moving today?

Why TOP Stock dropped -8.38% Today — RQD Quant Desk Flash. Stretched risk/reward at current multiples (steady margins) under elevated 10-year interest-rate pressure.

Direct Sub-Reports: TOP RQD Cockpit TOP 12M Forecast TOP Earnings & Move TOP Dividends & DRIP TOP Insiders & 13F TOP Whale Options TOP Profit Sankey TOP News & Why