Industry description
The investment seeks to provide total return while minimizing downside risk.
The fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, specifically units and shares of common stock and warrants, of U.S.-listed Special Purpose Acquisition Companies (“SPACs”). A SPAC is publicly traded and is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more other operating companies.
Market Cap
The average market capitalization across the Robinson Alternative Yld Pr-Mrgr SPACETF ETF is 131.18M. The market cap for tickers in the group ranges from 38.94M to 1B. SCRM holds the highest valuation in this group at 1B. The lowest valued company is QOMO at 38.94M.
High and low price notable news
The average weekly price growth across all stocks in the Robinson Alternative Yld Pr-Mrgr SPACETF ETF was -0%. For the same ETF, the average monthly price growth was -0%, and the average quarterly price growth was 2%. ALCY experienced the highest price growth at 12%, while IPXX experienced the biggest fall at -1%.
Volume
The average weekly volume growth across all stocks in the Robinson Alternative Yld Pr-Mrgr SPACETF ETF was -7%. For the same stocks of the ETF, the average monthly volume growth was -22% and the average quarterly volume growth was -64%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 69
P/E Growth Rating: 44
Price Growth Rating: 55
SMR Rating: 86
Profit Risk Rating: 100
Seasonality Score: (-100 ... +100)