AltShares Trust Valuation
AltShares Trust seems to be fairly valued based on Macroaxis valuation methodology. Our model approximates the value of AltShares Trust from analyzing the entity fundamentals such as Shares Outstanding of 26.48 M, operating margin of 0.28 %, and Return On Asset of 0.24 as well as examining its technical indicators and probability of bankruptcy.
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 137 constituents across multiple sectors and instustries. The fund charges 0.75 percent management fee with a total expences of 0.84 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 February.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.
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Other Tools for AltShares Etf
When running AltShares Trust's price analysis, check to measure AltShares Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AltShares Trust is operating at the current time. Most of AltShares Trust's value examination focuses on studying past and present price action to predict the probability of AltShares Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AltShares Trust's price. Additionally, you may evaluate how the addition of AltShares Trust to your portfolios can decrease your overall portfolio volatility.
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