Algo version: 0.98b
AltShares Trust - is listed at the NYSE Exchange
AltShares Trust - [ARB]
NYSE Sector: Financial Services Industry:Asset Management

Is AltShares Trust - 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 Trust - pays dividends. Last time was Monday 19th of December 2022 where the investors holding the stock on Thursday 15th of December 2022 were paid $1.076 per share. Over the last 2 times between 2020 and 2022, AltShares Trust - has paid $1.802 with an average of $0.9 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for AltShares Trust - 10 years ago, but if you had invested on Thursday 7th of May 2020 when the price was $25.12, you would have made a profit of $2.48 per share or 9.88%

No, the average daily trading liquidity for AltShares Trust - is $12 739 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 Trust - has N/A of the business financed by loans. This puts the company at N/A risk in periods of high inflation where borrowing costs usually go up. With a N/A cash flow to debt ratio of 0, the company's ability to pay off the debt is N/A. 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 Trust - to be low [0 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.