Altshares Trust Etf Current Valuation
| ARB Etf | USD 27.92 0.02 0.07% |
Valuation analysis of AltShares Trust helps investors to measure AltShares Trust's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Undervalued
Today
Please note that AltShares Trust's price fluctuation is out of control at this time. Calculation of the real value of AltShares Trust is based on 3 months time horizon. Increasing AltShares Trust's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since AltShares Trust is currently traded on the exchange, buyers and sellers on that exchange determine the market value of AltShares Etf. However, AltShares Trust's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 27.92 | Real 0.0 | Hype 0.0 | Naive 28.0 |
The real value of AltShares Etf, also known as its intrinsic value, is the underlying worth of AltShares Trust ETF, which is reflected in its stock price. It is based on AltShares Trust's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of AltShares Trust's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of AltShares Trust helps investors to forecast how AltShares etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of AltShares Trust more accurately as focusing exclusively on AltShares Trust's fundamentals will not take into account other important factors: AltShares Trust ETF Current Valuation Analysis
AltShares Trust's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current AltShares Trust Current Valuation | 1.18 B |
Most of AltShares Trust's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AltShares Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, AltShares Trust has a Current Valuation of 1.18 B. This is much higher than that of the AltShares family and significantly higher than that of the Event Driven category. The current valuation for all United States etfs is notably lower than that of the firm.
AltShares Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AltShares Trust's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of AltShares Trust could also be used in its relative valuation, which is a method of valuing AltShares Trust by comparing valuation metrics of similar companies.AltShares Trust is currently under evaluation in current valuation as compared to similar ETFs.
Fund Asset Allocation for AltShares Trust
The fund consists of 95.05% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides AltShares Trust's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
AltShares Fundamentals
| Return On Asset | 0.24 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.28 % | |||
| Current Valuation | 1.18 B | |||
| Shares Outstanding | 26.48 M | |||
| Shares Owned By Insiders | 0.58 % | |||
| Shares Owned By Institutions | 99.42 % | |||
| Number Of Shares Shorted | 1.46 M | |||
| Price To Earning | 24.77 X | |||
| Price To Book | 7.14 X | |||
| Price To Sales | 2.82 X | |||
| Revenue | 449.86 M | |||
| Gross Profit | 217.92 M | |||
| EBITDA | 123.83 M | |||
| Net Income | 56.93 M | |||
| Cash And Equivalents | 66.47 M | |||
| Cash Per Share | 3.53 X | |||
| Total Debt | 53 M | |||
| Debt To Equity | 0.75 % | |||
| Current Ratio | 1.92 X | |||
| Cash Flow From Operations | 109.86 M | |||
| Short Ratio | 5.30 X | |||
| Earnings Per Share | 1.94 X | |||
| Price To Earnings To Growth | 2.08 X | |||
| Number Of Employees | 1.29 K | |||
| Beta | 0.05 | |||
| Market Capitalization | 1.22 B | |||
| Total Asset | 79.73 M | |||
| Retained Earnings | 156.53 M | |||
| Working Capital | 53.9 M | |||
| Current Asset | 137.68 M | |||
| Current Liabilities | 83.78 M | |||
| One Year Return | 5.40 % | |||
| Three Year Return | 3.70 % | |||
| Net Asset | 79.73 M | |||
| Equity Positions Weight | 95.05 % |
About AltShares Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AltShares Trust 's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AltShares Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AltShares Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether AltShares Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AltShares Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Altshares Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Altshares Trust Etf:Check out AltShares Trust Piotroski F Score and AltShares Trust Altman Z Score analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of AltShares Trust is measured differently than its book value, which is the value of AltShares that is recorded on the company's balance sheet. Investors also form their own opinion of AltShares Trust's value that differs from its market value or its book value, called intrinsic value, which is AltShares Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AltShares Trust's market value can be influenced by many factors that don't directly affect AltShares Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AltShares Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if AltShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AltShares Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.