Ratings of the last 12 months
This list shows every rating MEQIRI has published for a stock, an ETF or a coin, and every change between Strong, Neutral and Weak. For stocks it also shows every valuation signal and its changes.
Counted from the public launch on 7 Nov 2026.
- Price target: none, MEQIRI does not give price targets.
- Fair value: for the valuation signal, that day's fair value, converted like the price. An estimate from the disclosed model, not a price target.
- Validity: until the rating or the valuation signal changes, time horizon about 12 months, recalculated every night.
- Price: last close before publication, converted into dollars at that day's ECB rate; ETFs in euros.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
14,472 entries
- PagSeguro Digital Ltd.7 Nov 2026Neutral (first rating), Score 54, $7.60
- PagSeguro Digital Ltd.7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $16.86, $7.60
- Pagaya Technologies Ltd.7 Nov 2026Strong (first rating), Score 71, $17.50
- Pagaya Technologies Ltd.7 Nov 2026Valuation signal Undervalued (first signal), Fair value $34.45, $17.50
- PagerDuty, Inc.7 Nov 2026Neutral (first rating), Score 68, $15.68
- PagerDuty, Inc.7 Nov 2026Valuation signal Undervalued (first signal), Fair value $23.53, $15.68
- Palantir Technologies Inc.7 Nov 2026Neutral (first rating), Score 66, $160.38
- Palantir Technologies Inc.7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $200.66, $160.38
- Palfinger AG7 Nov 2026Neutral (first rating), Score 56, $30.59
- Palfinger AG7 Nov 2026Valuation signal Undervalued (first signal), Fair value $48.49, $30.59
- Palo Alto Networks, Inc.7 Nov 2026Neutral (first rating), Score 54, $313.84
- Palo Alto Networks, Inc.7 Nov 2026Valuation signal Overvalued (first signal), Fair value $119.76, $313.84
- Palomar Holdings, Inc.7 Nov 2026Strong (first rating), Score 83, $155.71
- Palomar Holdings, Inc.7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $145.24, $155.71
- Palvella Therapeutics, Inc.7 Nov 2026Weak (first rating), Score 43, $175.92
- Pampa Energía S.A.7 Nov 2026Neutral (first rating), Score 55, $63.58
- Pampa Energía S.A.7 Nov 2026Valuation signal Undervalued (first signal), Fair value $174.41, $63.58
- Pan American Silver Corp.7 Nov 2026Neutral (first rating), Score 69, $41.17
- Pan American Silver Corp.7 Nov 2026Valuation signal Overvalued (first signal), Fair value $14.55, $41.17
- Neutral (first rating), Score 66, $4.76
- Valuation signal Fairly valued (first signal), Fair value $3.02, $4.76
- Panasonic Holdings Corporation7 Nov 2026Neutral (first rating), Score 56, $19.00
- Panasonic Holdings Corporation7 Nov 2026Valuation signal Undervalued (first signal), Fair value $28.40, $19.00
- PancakeSwap7 Nov 2026Neutral (first rating), Score 66, $1.92
- Pandora A/S7 Nov 2026Strong (first rating), Score 81, $134.66
- Pandora A/S7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $225.09, $134.66
- Pandox AB (publ)7 Nov 2026Neutral (first rating), Score 57, $17.50
- Pandox AB (publ)7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $20.13, $17.50
- Pangaea Logistics Solutions, Ltd.7 Nov 2026Neutral (first rating), Score 67, $7.57
- Pangaea Logistics Solutions, Ltd.7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $8.45, $7.57
- Panoro Energy ASA7 Nov 2026Neutral (first rating), Score 50, $3.12
- Panoro Energy ASA7 Nov 2026Valuation signal Undervalued (first signal), Fair value not meaningful, $3.12
- Papa John's International, Inc.7 Nov 2026Weak (first rating), Score 45, $19.73
- Papa John's International, Inc.7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $18.27, $19.73
- Par Pacific Holdings, Inc.7 Nov 2026Neutral (first rating), Score 64, $68.06
- Par Pacific Holdings, Inc.7 Nov 2026Valuation signal Undervalued (first signal), Fair value $123.45, $68.06
- Paradox Interactive AB (publ)7 Nov 2026Neutral (first rating), Score 63, $14.46
- Paradox Interactive AB (publ)7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $14.84, $14.46
- Pareto Bank ASA7 Nov 2026Weak (first rating), Score 41, $5.25
- Pareto Bank ASA7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $7.08, $5.25
- Park Aerospace Corp.7 Nov 2026Neutral (first rating), Score 67, $23.38
- Park Aerospace Corp.7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $18.89, $23.38
- Park Hotels & Resorts Inc.7 Nov 2026Neutral (first rating), Score 57, $15.74
- Park Hotels & Resorts Inc.7 Nov 2026Valuation signal Undervalued (first signal), Fair value $23.43, $15.74
- Park National Corporation7 Nov 2026Neutral (first rating), Score 64, $176.95
- Park National Corporation7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $156.03, $176.95
- Park-Ohio Holdings Corp.7 Nov 2026Neutral (first rating), Score 51, $43.39
- Park-Ohio Holdings Corp.7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $33.00, $43.39
- Parke Bancorp, Inc.7 Nov 2026Strong (first rating), Score 71, $32.62
- Parke Bancorp, Inc.7 Nov 2026Valuation signal Undervalued (first signal), Fair value $47.33, $32.62
- Parken Sport & Entertainment A/S7 Nov 2026Neutral (first rating), Score 65, $37.34
- Parken Sport & Entertainment A/S7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $49.81, $37.34
- Parker-Hannifin Corporation7 Nov 2026Neutral (first rating), Score 69, $917.79
- Parker-Hannifin Corporation7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $774.54, $917.79
- Parsons Corporation7 Nov 2026Neutral (first rating), Score 54, $48.90
- Parsons Corporation7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $47.69, $48.90
- Partners Group Holding AG7 Nov 2026Strong (first rating), Score 77, $819.15
- Partners Group Holding AG7 Nov 2026Valuation signal Undervalued (first signal), Fair value $1,282.39, $819.15
- Pathward Financial, Inc.7 Nov 2026Strong (first rating), Score 78, $76.26
- Pathward Financial, Inc.7 Nov 2026Valuation signal Undervalued (first signal), Fair value $120.99, $76.26
- Patria Investments Ltd7 Nov 2026Neutral (first rating), Score 56, $9.50
- Patria Investments Ltd7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $13.14, $9.50
- Patrick Industries, Inc.7 Nov 2026Neutral (first rating), Score 54, $78.79
- Patrick Industries, Inc.7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $69.60, $78.79
- Patrimoine et Commerce S.A.7 Nov 2026Neutral (first rating), Score 52, $23.00
- Patrimoine et Commerce S.A.7 Nov 2026Valuation signal Undervalued (first signal), Fair value $38.35, $23.00
- Patrizia SE7 Nov 2026Weak (first rating), Score 48, $7.34
- Patrizia SE7 Nov 2026Valuation signal Overvalued (first signal), Fair value $4.84, $7.34
- Pattern Group Inc.7 Nov 2026Neutral (first rating), Score 69, $18.27
- Pattern Group Inc.7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $12.97, $18.27
- Patterson-UTI Energy, Inc.7 Nov 2026Weak (first rating), Score 45, $9.92
- Patterson-UTI Energy, Inc.7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $10.61, $9.92
- PayPal Holdings, Inc.7 Nov 2026Strong (first rating), Score 79, $59.24
- PayPal Holdings, Inc.7 Nov 2026Valuation signal Undervalued (first signal), Fair value $100.67, $59.24
- PayPay Corporation7 Nov 2026Neutral (first rating), Score 56, $14.91
- PayPay Corporation7 Nov 2026Valuation signal Fairly valued (first signal), Fair value not meaningful, $14.91
- Paychex, Inc.7 Nov 2026Strong (first rating), Score 80, $117.06
- Paychex, Inc.7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $110.62, $117.06
- Paycom Software, Inc.7 Nov 2026Strong (first rating), Score 85, $237.32
- Paycom Software, Inc.7 Nov 2026Valuation signal Undervalued (first signal), Fair value $347.59, $237.32
- Paylocity Holding Corporation7 Nov 2026Strong (first rating), Score 84, $173.15
- Paylocity Holding Corporation7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $172.98, $173.15
- Paymentus Holdings, Inc.7 Nov 2026Strong (first rating), Score 74, $33.47
- Paymentus Holdings, Inc.7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $22.02, $33.47
- Payoneer Global Inc.7 Nov 2026Neutral (first rating), Score 61, $7.15
- Payoneer Global Inc.7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $5.17, $7.15
- Paysign, Inc.7 Nov 2026Strong (first rating), Score 75, $14.69
- Paysign, Inc.7 Nov 2026Valuation signal Overvalued (first signal), Fair value $4.95, $14.69
- Peab AB (publ)7 Nov 2026Neutral (first rating), Score 55, $9.58
- Peab AB (publ)7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $14.75, $9.58
- Peabody Energy Corporation7 Nov 2026Weak (first rating), Score 39, $16.03
- Peabody Energy Corporation7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $27.75, $16.03
- Peach Property Group AG7 Nov 2026Weak (first rating), Score 33, $5.58
- Peach Property Group AG7 Nov 2026Valuation signal Overvalued (first signal), Fair value $2.96, $5.58
- Peapack-Gladstone Financial Corporation7 Nov 2026Neutral (first rating), Score 67, $45.90
- Peapack-Gladstone Financial Corporation7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $36.77, $45.90
- Pearl7 Nov 2026Weak (first rating), Score 46, $1.79
- Pearson plc7 Nov 2026Strong (first rating), Score 72, $17.27
- Pearson plc7 Nov 2026Valuation signal Fairly valued (first signal), Fair value $17.55, $17.27
- Pebblebrook Hotel Trust7 Nov 2026Neutral (first rating), Score 51, $21.12
| Date | Security | Rating | Before | Score | Fair value | Price |
|---|---|---|---|---|---|---|
| 7 Nov 2026 | PagSeguro Digital Ltd. PAGS | Neutral | first rating | 54 | $7.60 | |
| 7 Nov 2026 | PagSeguro Digital Ltd. PAGS | Valuation signalFairly valued | first signal | $16.86 | $7.60 | |
| 7 Nov 2026 | Pagaya Technologies Ltd. PGY | Strong | first rating | 71 | $17.50 | |
| 7 Nov 2026 | Pagaya Technologies Ltd. PGY | Valuation signalUndervalued | first signal | $34.45 | $17.50 | |
| 7 Nov 2026 | PagerDuty, Inc. PD | Neutral | first rating | 68 | $15.68 | |
| 7 Nov 2026 | PagerDuty, Inc. PD | Valuation signalUndervalued | first signal | $23.53 | $15.68 | |
| 7 Nov 2026 | Palantir Technologies Inc. PLTR | Neutral | first rating | 66 | $160.38 | |
| 7 Nov 2026 | Palantir Technologies Inc. PLTR | Valuation signalFairly valued | first signal | $200.66 | $160.38 | |
| 7 Nov 2026 | Palfinger AG PAL.VI | Neutral | first rating | 56 | $30.59 | |
| 7 Nov 2026 | Palfinger AG PAL.VI | Valuation signalUndervalued | first signal | $48.49 | $30.59 | |
| 7 Nov 2026 | Palo Alto Networks, Inc. PANW | Neutral | first rating | 54 | $313.84 | |
| 7 Nov 2026 | Palo Alto Networks, Inc. PANW | Valuation signalOvervalued | first signal | $119.76 | $313.84 | |
| 7 Nov 2026 | Palomar Holdings, Inc. PLMR | Strong | first rating | 83 | $155.71 | |
| 7 Nov 2026 | Palomar Holdings, Inc. PLMR | Valuation signalFairly valued | first signal | $145.24 | $155.71 | |
| 7 Nov 2026 | Palvella Therapeutics, Inc. PVLA | Weak | first rating | 43 | $175.92 | |
| 7 Nov 2026 | Pampa Energía S.A. PAM | Neutral | first rating | 55 | $63.58 | |
| 7 Nov 2026 | Pampa Energía S.A. PAM | Valuation signalUndervalued | first signal | $174.41 | $63.58 | |
| 7 Nov 2026 | Pan American Silver Corp. PAAS | Neutral | first rating | 69 | $41.17 | |
| 7 Nov 2026 | Pan American Silver Corp. PAAS | Valuation signalOvervalued | first signal | $14.55 | $41.17 | |
| 7 Nov 2026 | Pan Pacific International Holdings Corporation 7532.T | Neutral | first rating | 66 | $4.76 | |
| 7 Nov 2026 | Pan Pacific International Holdings Corporation 7532.T | Valuation signalFairly valued | first signal | $3.02 | $4.76 | |
| 7 Nov 2026 | Panasonic Holdings Corporation 6752.T | Neutral | first rating | 56 | $19.00 | |
| 7 Nov 2026 | Panasonic Holdings Corporation 6752.T | Valuation signalUndervalued | first signal | $28.40 | $19.00 | |
| 7 Nov 2026 | PancakeSwap CAKE | Neutral | first rating | 66 | $1.92 | |
| 7 Nov 2026 | Pandora A/S PNDORA.CO | Strong | first rating | 81 | $134.66 | |
| 7 Nov 2026 | Pandora A/S PNDORA.CO | Valuation signalFairly valued | first signal | $225.09 | $134.66 | |
| 7 Nov 2026 | Pandox AB (publ) PNDX-B.ST | Neutral | first rating | 57 | $17.50 | |
| 7 Nov 2026 | Pandox AB (publ) PNDX-B.ST | Valuation signalFairly valued | first signal | $20.13 | $17.50 | |
| 7 Nov 2026 | Pangaea Logistics Solutions, Ltd. PANL | Neutral | first rating | 67 | $7.57 | |
| 7 Nov 2026 | Pangaea Logistics Solutions, Ltd. PANL | Valuation signalFairly valued | first signal | $8.45 | $7.57 | |
| 7 Nov 2026 | Panoro Energy ASA PEN.OL | Neutral | first rating | 50 | $3.12 | |
| 7 Nov 2026 | Panoro Energy ASA PEN.OL | Valuation signalUndervalued | first signal | not meaningful | $3.12 | |
| 7 Nov 2026 | Papa John's International, Inc. PZZA | Weak | first rating | 45 | $19.73 | |
| 7 Nov 2026 | Papa John's International, Inc. PZZA | Valuation signalFairly valued | first signal | $18.27 | $19.73 | |
| 7 Nov 2026 | Par Pacific Holdings, Inc. PARR | Neutral | first rating | 64 | $68.06 | |
| 7 Nov 2026 | Par Pacific Holdings, Inc. PARR | Valuation signalUndervalued | first signal | $123.45 | $68.06 | |
| 7 Nov 2026 | Paradox Interactive AB (publ) PDX.ST | Neutral | first rating | 63 | $14.46 | |
| 7 Nov 2026 | Paradox Interactive AB (publ) PDX.ST | Valuation signalFairly valued | first signal | $14.84 | $14.46 | |
| 7 Nov 2026 | Pareto Bank ASA PARB.OL | Weak | first rating | 41 | $5.25 | |
| 7 Nov 2026 | Pareto Bank ASA PARB.OL | Valuation signalFairly valued | first signal | $7.08 | $5.25 | |
| 7 Nov 2026 | Park Aerospace Corp. PKE | Neutral | first rating | 67 | $23.38 | |
| 7 Nov 2026 | Park Aerospace Corp. PKE | Valuation signalFairly valued | first signal | $18.89 | $23.38 | |
| 7 Nov 2026 | Park Hotels & Resorts Inc. PK | Neutral | first rating | 57 | $15.74 | |
| 7 Nov 2026 | Park Hotels & Resorts Inc. PK | Valuation signalUndervalued | first signal | $23.43 | $15.74 | |
| 7 Nov 2026 | Park National Corporation PRK | Neutral | first rating | 64 | $176.95 | |
| 7 Nov 2026 | Park National Corporation PRK | Valuation signalFairly valued | first signal | $156.03 | $176.95 | |
| 7 Nov 2026 | Park-Ohio Holdings Corp. PKOH | Neutral | first rating | 51 | $43.39 | |
| 7 Nov 2026 | Park-Ohio Holdings Corp. PKOH | Valuation signalFairly valued | first signal | $33.00 | $43.39 | |
| 7 Nov 2026 | Parke Bancorp, Inc. PKBK | Strong | first rating | 71 | $32.62 | |
| 7 Nov 2026 | Parke Bancorp, Inc. PKBK | Valuation signalUndervalued | first signal | $47.33 | $32.62 | |
| 7 Nov 2026 | Parken Sport & Entertainment A/S PARKEN.CO | Neutral | first rating | 65 | $37.34 | |
| 7 Nov 2026 | Parken Sport & Entertainment A/S PARKEN.CO | Valuation signalFairly valued | first signal | $49.81 | $37.34 | |
| 7 Nov 2026 | Parker-Hannifin Corporation PH | Neutral | first rating | 69 | $917.79 | |
| 7 Nov 2026 | Parker-Hannifin Corporation PH | Valuation signalFairly valued | first signal | $774.54 | $917.79 | |
| 7 Nov 2026 | Parsons Corporation PSN | Neutral | first rating | 54 | $48.90 | |
| 7 Nov 2026 | Parsons Corporation PSN | Valuation signalFairly valued | first signal | $47.69 | $48.90 | |
| 7 Nov 2026 | Partners Group Holding AG PGHN.SW | Strong | first rating | 77 | $819.15 | |
| 7 Nov 2026 | Partners Group Holding AG PGHN.SW | Valuation signalUndervalued | first signal | $1,282.39 | $819.15 | |
| 7 Nov 2026 | Pathward Financial, Inc. CASH | Strong | first rating | 78 | $76.26 | |
| 7 Nov 2026 | Pathward Financial, Inc. CASH | Valuation signalUndervalued | first signal | $120.99 | $76.26 | |
| 7 Nov 2026 | Patria Investments Ltd PAX | Neutral | first rating | 56 | $9.50 | |
| 7 Nov 2026 | Patria Investments Ltd PAX | Valuation signalFairly valued | first signal | $13.14 | $9.50 | |
| 7 Nov 2026 | Patrick Industries, Inc. PATK | Neutral | first rating | 54 | $78.79 | |
| 7 Nov 2026 | Patrick Industries, Inc. PATK | Valuation signalFairly valued | first signal | $69.60 | $78.79 | |
| 7 Nov 2026 | Patrimoine et Commerce S.A. PAT.PA | Neutral | first rating | 52 | $23.00 | |
| 7 Nov 2026 | Patrimoine et Commerce S.A. PAT.PA | Valuation signalUndervalued | first signal | $38.35 | $23.00 | |
| 7 Nov 2026 | Patrizia SE PAT.DE | Weak | first rating | 48 | $7.34 | |
| 7 Nov 2026 | Patrizia SE PAT.DE | Valuation signalOvervalued | first signal | $4.84 | $7.34 | |
| 7 Nov 2026 | Pattern Group Inc. PTRN | Neutral | first rating | 69 | $18.27 | |
| 7 Nov 2026 | Pattern Group Inc. PTRN | Valuation signalFairly valued | first signal | $12.97 | $18.27 | |
| 7 Nov 2026 | Patterson-UTI Energy, Inc. PTEN | Weak | first rating | 45 | $9.92 | |
| 7 Nov 2026 | Patterson-UTI Energy, Inc. PTEN | Valuation signalFairly valued | first signal | $10.61 | $9.92 | |
| 7 Nov 2026 | PayPal Holdings, Inc. PYPL | Strong | first rating | 79 | $59.24 | |
| 7 Nov 2026 | PayPal Holdings, Inc. PYPL | Valuation signalUndervalued | first signal | $100.67 | $59.24 | |
| 7 Nov 2026 | PayPay Corporation PAYP | Neutral | first rating | 56 | $14.91 | |
| 7 Nov 2026 | PayPay Corporation PAYP | Valuation signalFairly valued | first signal | not meaningful | $14.91 | |
| 7 Nov 2026 | Paychex, Inc. PAYX | Strong | first rating | 80 | $117.06 | |
| 7 Nov 2026 | Paychex, Inc. PAYX | Valuation signalFairly valued | first signal | $110.62 | $117.06 | |
| 7 Nov 2026 | Paycom Software, Inc. PAYC | Strong | first rating | 85 | $237.32 | |
| 7 Nov 2026 | Paycom Software, Inc. PAYC | Valuation signalUndervalued | first signal | $347.59 | $237.32 | |
| 7 Nov 2026 | Paylocity Holding Corporation PCTY | Strong | first rating | 84 | $173.15 | |
| 7 Nov 2026 | Paylocity Holding Corporation PCTY | Valuation signalFairly valued | first signal | $172.98 | $173.15 | |
| 7 Nov 2026 | Paymentus Holdings, Inc. PAY | Strong | first rating | 74 | $33.47 | |
| 7 Nov 2026 | Paymentus Holdings, Inc. PAY | Valuation signalFairly valued | first signal | $22.02 | $33.47 | |
| 7 Nov 2026 | Payoneer Global Inc. PAYO | Neutral | first rating | 61 | $7.15 | |
| 7 Nov 2026 | Payoneer Global Inc. PAYO | Valuation signalFairly valued | first signal | $5.17 | $7.15 | |
| 7 Nov 2026 | Paysign, Inc. PAYS | Strong | first rating | 75 | $14.69 | |
| 7 Nov 2026 | Paysign, Inc. PAYS | Valuation signalOvervalued | first signal | $4.95 | $14.69 | |
| 7 Nov 2026 | Peab AB (publ) PEAB-B.ST | Neutral | first rating | 55 | $9.58 | |
| 7 Nov 2026 | Peab AB (publ) PEAB-B.ST | Valuation signalFairly valued | first signal | $14.75 | $9.58 | |
| 7 Nov 2026 | Peabody Energy Corporation BTU | Weak | first rating | 39 | $16.03 | |
| 7 Nov 2026 | Peabody Energy Corporation BTU | Valuation signalFairly valued | first signal | $27.75 | $16.03 | |
| 7 Nov 2026 | Peach Property Group AG PEAN.SW | Weak | first rating | 33 | $5.58 | |
| 7 Nov 2026 | Peach Property Group AG PEAN.SW | Valuation signalOvervalued | first signal | $2.96 | $5.58 | |
| 7 Nov 2026 | Peapack-Gladstone Financial Corporation PGC | Neutral | first rating | 67 | $45.90 | |
| 7 Nov 2026 | Peapack-Gladstone Financial Corporation PGC | Valuation signalFairly valued | first signal | $36.77 | $45.90 | |
| 7 Nov 2026 | Pearl PEARL | Weak | first rating | 46 | $1.79 | |
| 7 Nov 2026 | Pearson plc PSO | Strong | first rating | 72 | $17.27 | |
| 7 Nov 2026 | Pearson plc PSO | Valuation signalFairly valued | first signal | $17.55 | $17.27 | |
| 7 Nov 2026 | Pebblebrook Hotel Trust PEB | Neutral | first rating | 51 | $21.12 |
Legal basis: Article 4(1)(i) of Delegated Regulation (EU) 2016/958.
To the disclosures