Altshares Trust Etf Debt To Equity
| ARB Etf | USD 27.94 0.03 0.11% |
AltShares Trust fundamentals help investors to digest information that contributes to AltShares Trust's financial success or failures. It also enables traders to predict the movement of AltShares Etf. The fundamental analysis module provides a way to measure AltShares Trust's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AltShares Trust etf.
AltShares |
AltShares Trust ETF Debt To Equity Analysis
AltShares Trust's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current AltShares Trust Debt To Equity | 0.75 % |
Most of AltShares Trust's fundamental indicators, such as Debt To Equity, 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.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
According to the company disclosure, AltShares Trust has a Debt To Equity of 0.75%. This is much higher than that of the AltShares family and significantly higher than that of the Event Driven category. The debt to equity for all United States etfs is notably lower than that of the firm.
AltShares Debt To Equity 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 Debt To Equity 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 debt to equity 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 | 5.60 % | |||
| Three Year Return | 3.80 % | |||
| 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.
Also Currently Popular
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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.