EVNT:NYE-AltShares Event-Driven ETF (USD)

ETF | Others |

Last Closing

USD 10.5805

Change

0.00 (-0.04)%

Market Cap

USD 4.86M

Volume

340.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

To pursue the fund's investment objective, the adviser employs a long/short event-driven strategy, which seeks to profit by investing, long and/or short, in the equity and debt securities of companies whose prices Water Island Capital, LLC (the adviser) believes are or will be impacted by a publicly announced or anticipated corporate event. The adviser will hold a higher percentage of the fund's assets in long positions. The fund is non-diversified.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-10-01 )

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ETFs Containing EVNT

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 3.93% 41% F 40% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.93% 18% F 27% F
Trailing 12 Months  
Capital Gain 10.06% 36% F 35% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 10.06% 23% F 28% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 0.44% N/A N/A 39% F
Dividend Return 0.44% N/A N/A 27% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 5.03% N/A N/A 91% A-
Risk Adjusted Return 8.78% N/A N/A 30% F
Market Capitalization 4.86M 10% F 4% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.