ducovest

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

ETF | Others |

Last Closing

USD 10.645

Change

0.00 (0.00)%

Market Cap

USD 4.87M

Volume

N/A

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.

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-16 )

Largest Industry Peers for Others

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

N/A

 USD 65.72B
JEPI JPMorgan Equity Premium Income..

N/A

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

N/A

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

N/A

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

N/A

 USD 26.72B
DTB DTE Energy Company 2020 Series

N/A

 USD 26.58B
GBTC Grayscale Bitcoin Trust (BTC)

N/A

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

N/A

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

N/A

 USD 13.91B
CGDV Capital Group Dividend Value E..

N/A

 USD 11.53B

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 4.57% 43% F 46% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 4.57% 29% F 34% F
Trailing 12 Months  
Capital Gain 8.04% 41% F 42% F
Dividend Return 0.61% 8% B- 6% D-
Total Return 8.65% 31% F 32% 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 0.86% 45% F 37% F
Dividend Return 0.86% 35% F 27% F
Total Return 0.00% 2% F 1% F
Risk Return Profile  
Volatility (Standard Deviation) 5.32% 79% B- 92% A
Risk Adjusted Return 16.18% 35% F 33% F
Market Capitalization 4.87M 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:
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:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

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

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.