Is AltShares EventDriven ETF stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, AltShares EventDriven ETF pays dividends. Last time was Monday 18th of December 2023 where the investors holding the stock on Thursday 14th of December 2023 were paid $0.06027 per share. Over the last 2 times between 2022 and 2023, AltShares EventDriven ETF has paid $0.29599 with an average of $0.15 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for AltShares EventDriven ETF 10 years ago, but if you had invested on Monday 20th of September 2021 when the price was $10.48, you would have made a profit of $0.150 per share or 1.43%
No, the average daily trading liquidity for AltShares EventDriven ETF is $360 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
AltShares EventDriven ETF has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for AltShares EventDriven ETF to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.