ARB:NYE-AltShares Trust - AltShares Merger Arbitrage ETF (USD)

ETF | Others |

Last Closing

USD 27.874

Change

+0.05 (+0.17)%

Market Cap

USD 0.07B

Volume

5.50K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-12 )

Largest Industry Peers for Others

Symbol Name Price(Change) Market Cap
SOJE Southern Company (The) Series ..

-0.04 (-0.20%)

USD 65.72B
JEPI JPMorgan Equity Premium Income..

+0.05 (+0.08%)

USD 36.47B
DFAC Dimensional U.S. Core Equity 2..

-0.06 (-0.17%)

USD 31.32B
JPST JPMorgan Ultra-Short Income ET..

+0.03 (+0.06%)

USD 26.94B
SGOV iShares® 0-3 Month Treasury B..

+0.03 (+0.03%)

USD 26.72B
DTB DTE Energy Company 2020 Series

-0.17 (-0.85%)

USD 26.58B
GBTC Grayscale Bitcoin Trust (BTC)

+0.08 (+0.11%)

USD 15.23B
AVUV Avantis® U.S. Small Cap Value..

-0.92 (-0.89%)

USD 14.03B
JAAA Janus Detroit Street Trust - J..

+0.02 (+0.04%)

USD 13.91B
CGDV Capital Group Dividend Value E..

-0.05 (-0.14%)

USD 11.53B

ETFs Containing ARB

DVDY:AU VanEck Morningstar Austra.. 4.69 % 0.00 %

-0.19 (0%)

USD 0.08B
ISO:AU iShares S&P/ASX Small Ord.. 1.36 % 0.00 %

-0.03 (0%)

USD 0.15B
SSO:AU SPDR S&P/ASX Small Ordina.. 1.27 % 0.00 %

-0.19 (0%)

USD 0.03B
ONEC:CA Accelerate OneChoice Alte.. 0.00 % 0.00 %

-0.07 (0%)

CAD 0.02B
RIGZ 0.00 % 0.00 %

N/A

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 4.20% 40% F 42% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 4.20% 24% F 31% F
Trailing 12 Months  
Capital Gain 6.00% 34% F 34% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 6.00% 18% F 24% 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 1.52% 50% F 40% F
Dividend Return 2.53% 50% F 35% F
Total Return 1.01% 47% F 24% F
Risk Return Profile  
Volatility (Standard Deviation) 2.43% 93% A 98% N/A
Risk Adjusted Return 104.08% 99% N/A 98% N/A
Market Capitalization 0.07B 56% F 24% 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:
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.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it 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.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median total returns

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

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.