Altshares Trust Etf Analysis
| ARB Etf | USD 27.94 0.03 0.11% |
AltShares Trust is fairly valued with Real Value of 27.91 and Hype Value of 27.94. The main objective of AltShares Trust etf analysis is to determine its intrinsic value, which is an estimate of what AltShares Trust is worth, separate from its market price. There are two main types of AltShares Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of AltShares Trust . On the other hand, technical analysis, focuses on the price and volume data of AltShares Etf to identify patterns and trends that may indicate its future price movements.
The AltShares Trust etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and AltShares Trust's ongoing operational relationships across important fundamental and technical indicators.
AltShares |
AltShares Etf Analysis Notes
AltShares Trust is is formed as Regulated Investment Company in the United States. ETF is managed and operated by State Street Bank and Trust Company. The fund has 194 constituents across multiple sectors and instustries. The fund charges 0.75 percent management fee with a total expences of 0.77 percent of total asset. The fund holds 95.05% of assets under management (AUM) in equities. The fund seeks to track the performance of the index, which is designed to reflect a global merger arbitrage strategy. Altshares Merger is traded on New York Stock Exchange in the United States. For more info on AltShares Trust please contact the company at NA or go to http://www.arbitron.com.Sector Exposure
AltShares Trust constituents include assets from different sectors. As a result, investing in AltShares Trust lets you gain exposure to equities across multiple sectors, sub-sectors, or industries. This can reduce the risk of holding a single asset or a fund not diversified across different sectors or industries. Typically, investors would invest in AltShares Trust because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among AltShares Trust's constituents divide the investing landscape into groups of entities that employ similar trades or provide related services. Combining these segments enables in-depth research of market dynamics to see which parts of the economy are growing or fading. In addition, sector investments offer targeted exposure to these segments, giving investors a wide variety of options to enhance their portfolios' asset allocations and adapt to market volatility.
Currency Exposure
AltShares Trust manages assets traded in foreign countries, and the goal of international investors is to ensure that the increase in value from foreign constituents of AltShares Trust will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, investors should be aware of the risk associated with depending on the development of foreign currencies.
AltShares Trust Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more etfs at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. AltShares Trust's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding AltShares Trust or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from nypost.com: MSNBCs Morning Joe delivers lowest-rated show since 2021 amid lefty meltdown from Trump meeting | |
| The fund holds 95.05% of its assets under management (AUM) in equities |
AltShares Trust Thematic Classifications
In addition to having AltShares Trust etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Absolute Returns ETFsUSA ETFs from Absolute Returns clasification | |
| Long/short ETFsUSA ETFs from Long/short clasification |
AltShares Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.22 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AltShares Trust's market, we take the total number of its shares issued and multiply it by AltShares Trust's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. AltShares Trust invests in 64 different instruments across multiple market segments that include assets with varying market capitalizations.AltShares Profitablity
The company has Net Profit Margin of 0.13 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.28 %, which entails that for every 100 dollars of revenue, it generated $0.28 of operating income.Management Efficiency
AltShares Trust has Return on Asset of 0.236 % which means that on every $100 spent on assets, it made $0.236 of profit. This is way below average. AltShares Trust's management efficiency ratios could be used to measure how well AltShares Trust manages its routine affairs as well as how well it operates its assets and liabilities.The strategic initiatives led by AltShares Trust's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Returns 3 Y 3.83 | Returns 1 Y 5.64 | Total Assets 78.5 M | Returns YTD 4.46 | Beta 0.05 |
Top AltShares Trust Etf Constituents
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| AAWW | Atlas Air Worldwide | Stock | |
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| ATVI | Activision Blizzard | Stock | |
| AMD | Advanced Micro Devices | Stock |
Technical Drivers
As of the 23rd of November, AltShares Trust shows the Downside Deviation of 0.2549, mean deviation of 0.1513, and Risk Adjusted Performance of 0.0465. AltShares Trust technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.AltShares Trust Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. AltShares Trust middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for AltShares Trust. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
AltShares Trust Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific AltShares Trust insiders, such as employees or executives, is commonly permitted as long as it does not rely on AltShares Trust's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases AltShares Trust insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Creamer Sean R over six months ago Disposition of 1000 shares by Creamer Sean R of AltShares Trust at 36.8 subject to Rule 16b-3 |
AltShares Trust Outstanding Bonds
AltShares Trust issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. AltShares Trust uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most AltShares bonds can be classified according to their maturity, which is the date when AltShares Trust has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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AltShares Trust Predictive Daily Indicators
AltShares Trust intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of AltShares Trust etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
AltShares Trust Forecast Models
AltShares Trust's time-series forecasting models are one of many AltShares Trust's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary AltShares Trust's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About AltShares Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how AltShares Trust prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling AltShares shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as AltShares Trust. By using and applying AltShares Etf analysis, traders can create a robust methodology for identifying AltShares entry and exit points for their positions.
The fund seeks to track the performance of the index, which is designed to reflect a global merger arbitrage strategy. Altshares Merger is traded on New York Stock Exchange in the United States.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding AltShares Trust to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AltShares Trust . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.