MNA:NYE-IQ Merger Arbitrage ETF (USD)

ETF | Market Neutral |

Last Closing

USD 32.84

Change

+0.01 (+0.03)%

Market Cap

N/A

Volume

0.02M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-11-04 )

Largest Industry Peers for Market Neutral

Symbol Name Price(Change) Market Cap
BTAL AGFiQ U.S. Market Neutral Anti..

-0.13 (-0.66%)

N/A

ETFs Containing MNA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Market Neutral) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.55% 50% F 48% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 4.55% 50% F 49% F
Trailing 12 Months  
Capital Gain 5.32% 100% F 35% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 5.32% 100% F 37% F
Trailing 5 Years  
Capital Gain 0.77% 100% F 52% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.77% 100% F 53% F
Average Annual (5 Year Horizon)  
Capital Gain -0.36% 100% F 32% F
Dividend Return 0.45% 100% F 25% F
Total Return 0.81% 50% F 19% F
Risk Return Profile  
Volatility (Standard Deviation) 4.41% 100% F 93% A
Risk Adjusted Return 10.21% 100% F 29% F
Market Capitalization N/A N/A N/A N/A N/A

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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.