AltShares Trust Valuation
| ARB Etf | USD 28.12 0.06 0.21% |
At this time, the entity appears to be fairly valued. AltShares Trust shows a prevailing Real Value of $28.03 per share. The current price of the entity is $28.12. Our model approximates the value of AltShares Trust from analyzing the entity fundamentals such as Return On Asset of 0.24, operating margin of 0.28 %, and Shares Outstanding of 26.48 M as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that AltShares Trust's price fluctuation is very steady at this time. Calculation of the real value of AltShares Trust is based on 3 months time horizon. Increasing AltShares Trust's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since AltShares Trust is currently traded on the exchange, buyers and sellers on that exchange determine the market value of AltShares Etf. However, AltShares Trust's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 28.12 | Real 28.03 | Hype 28.12 | Naive 28.02 |
The real value of AltShares Etf, also known as its intrinsic value, is the underlying worth of AltShares Trust ETF, which is reflected in its stock price. It is based on AltShares Trust's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of AltShares Trust's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of AltShares Trust helps investors to forecast how AltShares etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of AltShares Trust more accurately as focusing exclusively on AltShares Trust's fundamentals will not take into account other important factors: AltShares Trust Total Value Analysis
AltShares Trust is presently projected to have company total value of 1.18 B with market capitalization of 1.22 B, debt of 53 M, and cash on hands of 66.47 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the AltShares Trust fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
1.18 B | 1.22 B | 53 M | 66.47 M |
AltShares Trust Investor Information
AltShares Trust is is formed as Regulated Investment Company in the United States. ETF is managed and operated by State Street Bank and Trust Company. The fund has 148 constituents across multiple sectors and instustries. The fund charges 0.75 percent management fee with a total expences of 0.77 percent of total asset. The fund holds 95.05% of assets under management (AUM) in equities. Based on the key indicators related to AltShares Trust's liquidity, profitability, solvency, and operating efficiency, AltShares Trust is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in April.AltShares Trust Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. AltShares Trust has an asset utilization ratio of 564.23 percent. This suggests that the ETF is making $5.64 for each dollar of assets. An increasing asset utilization means that AltShares Trust is more efficient with each dollar of assets it utilizes for everyday operations.AltShares Trust Ownership Allocation
AltShares Trust retains a total of 26.48 Million outstanding shares. The majority of AltShares Trust outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in AltShares Trust to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in AltShares Trust. Please pay attention to any change in the institutional holdings of AltShares Trust as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.AltShares Trust Profitability Analysis
The company reported the last year's revenue of 449.86 M. Total Income to common stockholders was 56.93 M with profit before taxes, overhead, and interest of 217.92 M.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates AltShares Trust's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in AltShares Trust and how it compares across the competition.
About AltShares Trust Valuation
The etf valuation mechanism determines AltShares Trust's current worth on a weekly basis. Our valuation model uses a comparative analysis of AltShares Trust. We calculate exposure to AltShares Trust's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of AltShares Trust's related companies. When determining whether AltShares Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AltShares Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Altshares Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Altshares Trust Etf:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AltShares Trust . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of AltShares Trust is measured differently than its book value, which is the value of AltShares that is recorded on the company's balance sheet. Investors also form their own opinion of AltShares Trust's value that differs from its market value or its book value, called intrinsic value, which is AltShares Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AltShares Trust's market value can be influenced by many factors that don't directly affect AltShares Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AltShares Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if AltShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AltShares Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.