Altshares Event Driven Etf Technical Analysis
| EVNT Etf | USD 11.61 0.00 0.00% |
As of the 9th of February, AltShares Event shows the Mean Deviation of 0.2486, downside deviation of 0.3743, and Risk Adjusted Performance of 0.0749. AltShares Event Driven 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 Event Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AltShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AltSharesAltShares | Build AI portfolio with AltShares Etf |
Understanding AltShares Event Driven requires distinguishing between market price and book value, where the latter reflects AltShares's accounting equity. The concept of intrinsic value - what AltShares Event's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push AltShares Event's price substantially above or below its fundamental value.
It's important to distinguish between AltShares Event's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding AltShares Event should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, AltShares Event's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
AltShares Event 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to AltShares Event's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of AltShares Event.
| 11/11/2025 |
| 02/09/2026 |
If you would invest 0.00 in AltShares Event on November 11, 2025 and sell it all today you would earn a total of 0.00 from holding AltShares Event Driven ETF or generate 0.0% return on investment in AltShares Event over 90 days. AltShares Event is related to or competes with Leverage Shares, Kurv Yield, Hypatia Women, Strategy Shares, Bank of Montreal, Advisor Managed, and SPDR SSGA. To pursue the funds investment objective, the adviser employs a longshort event-driven strategy, which seeks to profit b... More
AltShares Event Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure AltShares Event's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess AltShares Event Driven ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3743 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 1.66 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.5226 |
AltShares Event Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AltShares Event's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AltShares Event's standard deviation. In reality, there are many statistical measures that can use AltShares Event historical prices to predict the future AltShares Event's volatility.| Risk Adjusted Performance | 0.0749 | |||
| Jensen Alpha | 0.0087 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.1194 |
AltShares Event February 9, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0749 | |||
| Market Risk Adjusted Performance | 0.1294 | |||
| Mean Deviation | 0.2486 | |||
| Semi Deviation | 0.2311 | |||
| Downside Deviation | 0.3743 | |||
| Coefficient Of Variation | 898.05 | |||
| Standard Deviation | 0.3249 | |||
| Variance | 0.1056 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | 0.0087 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.1194 | |||
| Maximum Drawdown | 1.66 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.5226 | |||
| Downside Variance | 0.1401 | |||
| Semi Variance | 0.0534 | |||
| Expected Short fall | (0.30) | |||
| Skewness | (0.36) | |||
| Kurtosis | 0.7646 |
AltShares Event Driven Backtested Returns
Currently, AltShares Event Driven ETF is very steady. AltShares Event Driven secures Sharpe Ratio (or Efficiency) of 0.0919, which signifies that the etf had a 0.0919 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for AltShares Event Driven ETF, which you can use to evaluate the volatility of the entity. Please confirm AltShares Event's Risk Adjusted Performance of 0.0749, downside deviation of 0.3743, and Mean Deviation of 0.2486 to double-check if the risk estimate we provide is consistent with the expected return of 0.0297%. The etf shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AltShares Event's returns are expected to increase less than the market. However, during the bear market, the loss of holding AltShares Event is expected to be smaller as well.
Auto-correlation | 0.49 |
Average predictability
AltShares Event Driven ETF has average predictability. Overlapping area represents the amount of predictability between AltShares Event time series from 11th of November 2025 to 26th of December 2025 and 26th of December 2025 to 9th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AltShares Event Driven price movement. The serial correlation of 0.49 indicates that about 49.0% of current AltShares Event price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AltShares Event technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
AltShares Event Driven Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of AltShares Event Driven volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About AltShares Event Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of AltShares Event Driven ETF on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of AltShares Event Driven ETF based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on AltShares Event Driven price pattern first instead of the macroeconomic environment surrounding AltShares Event Driven. By analyzing AltShares Event's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of AltShares Event's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to AltShares Event specific price patterns or momentum indicators. Please read more on our technical analysis page.
AltShares Event February 9, 2026 Technical Indicators
Most technical analysis of AltShares help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for AltShares from various momentum indicators to cycle indicators. When you analyze AltShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0749 | |||
| Market Risk Adjusted Performance | 0.1294 | |||
| Mean Deviation | 0.2486 | |||
| Semi Deviation | 0.2311 | |||
| Downside Deviation | 0.3743 | |||
| Coefficient Of Variation | 898.05 | |||
| Standard Deviation | 0.3249 | |||
| Variance | 0.1056 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | 0.0087 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.1194 | |||
| Maximum Drawdown | 1.66 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.5226 | |||
| Downside Variance | 0.1401 | |||
| Semi Variance | 0.0534 | |||
| Expected Short fall | (0.30) | |||
| Skewness | (0.36) | |||
| Kurtosis | 0.7646 |
AltShares Event February 9, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as AltShares stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | 0.00 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 11.59 | ||
| Day Typical Price | 11.60 | ||
| Price Action Indicator | 0.02 | ||
| Market Facilitation Index | 0.04 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AltShares Event Driven ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Understanding AltShares Event Driven requires distinguishing between market price and book value, where the latter reflects AltShares's accounting equity. The concept of intrinsic value - what AltShares Event's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push AltShares Event's price substantially above or below its fundamental value.
It's important to distinguish between AltShares Event's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding AltShares Event should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, AltShares Event's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.