AltShares Trust Market Risk Adjusted Performance
| ARB Etf | | | USD 29.28 0.03 0.10% |
This module presents the Market Risk Adjusted Performance indicator for AltShares Trust using available market inputs. The indicator computation uses normalized market activity data. Exchange-specific data schedules may affect the recency of readings. The
Equity Screeners framework provides wider technical analysis context. AltShares Trust has a market cap of 1.22 B, operating margin of 27.5%. Review
Trending Equities for broader portfolio context. The overview captures current portfolio composition. The portfolio view uses available data to frame composition. The data shown is informational and should not be interpreted as guidance. This captures an allocation to AltShares Trust . It is represented within the portfolio holdings. The allocation framework shapes how individual positions are weighted. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
AltShares Trust has current Market Risk Adjusted Performance of 0.0447.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.0447 | |
| ER[a] | = | Expected return on investing in AltShares Trust |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
Market Risk Adjusted Performance Relative To Other Indicators
AltShares Trust is rated
fourth in market risk adjusted performance compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about
22.30 of Maximum Drawdown per Market Risk Adjusted Performance. At
22.30 , AltShares Trust 's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
Other Technical Indicators