ARB Price Prediction, AltShares Merger Arbitrage ETF AI Recommendations

The most notable companies in this group are Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), Pioneer Natural Resource Co (null:PXD), Capital One Financial (NYSE:COF), Hess Corp (NYSE:HES), Discover Financial Services (NYSE:DFS), Nokia Corp (NYSE:NOK), EQT Corp (NYSE:EQT), Juniper Networks (NYSE:JNPR), Chesapeake Energy Corp (NASDAQ:CHK).

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of its underlying index, the Water Island Merger Arbitrage USD Hedged Index. The fund seeks to track the performance of the index, which is designed to reflect a global merger arbitrage strategy. Under normal market conditions, it will invest at least 80% of its net assets (including borrowings for investment purposes) in the constituents of the index and in financial instruments with economic characteristics similar to such constituents such as swaps on such constituents. The fund is non-diversified.

The average market capitalization across the AltShares Merger Arbitrage ETF ETF is 36.97B. The market cap for tickers in the group ranges from 310.68M to 461.22B. XOM holds the highest valuation in this group at 461.22B. The lowest valued company is TGAN at 310.68M.

The average weekly price growth across all stocks in the AltShares Merger Arbitrage ETF ETF was 10%. For the same ETF, the average monthly price growth was 9%, and the average quarterly price growth was 48%. X experienced the highest price growth at 10%, while MGRC experienced the biggest fall at -4%.

The average weekly volume growth across all stocks in the AltShares Merger Arbitrage ETF ETF was 18%. For the same stocks of the ETF, the average monthly volume growth was 74% and the average quarterly volume growth was 67%