(CGV) Two Roads Shared Trust - Ratings and Ratios

The Two Roads Shared Trust (NYSE ARCA:CGV) is an actively managed exchange-traded fund that focuses on equity securities and investments economically tied to equities, typically allocating at least 80% of its assets to such investments. Its primary investment objective is to identify and invest in companies exhibiting robust fundamental characteristics.

CGV operates within the Foreign Small/Mid Value ETF category, originating from the USA. This categorization suggests that the fund is geared towards investors seeking exposure to smaller to mid-sized companies outside the US, with a value investment approach. The funds active management strategy implies that its managers actively select securities based on their potential for strong performance, rather than tracking a specific index.

Analyzing the funds recent performance and technical indicators, we see that it has been trading at $13.04, above both its 20-day and 50-day Simple Moving Averages (SMA20 and SMA50) of $12.85 and $12.57, respectively. This suggests a positive short-term trend. The Average True Range (ATR) of 0.19, or 1.43%, indicates relatively moderate volatility. With a 52-week high of $13.47 and a low of $11.23, the fund is currently near its peak, indicating strong recent performance.

From a fundamental perspective, the funds Assets Under Management (AUM) stand at $106.47 million. While not enormous, this size can indicate a manageable and potentially agile ETF, capable of adjusting its portfolio without significant market impact.

Forecasting CGVs trajectory, we can infer from its technical and fundamental data that it is poised for potential further growth, given its current price is near its 52-week high and it has been trending upwards. If the SMA20 and SMA50 continue to rise, and if the fund maintains its focus on companies with strong fundamental attributes, it could potentially test new highs. However, the relatively modest AUM and the funds exposure to foreign small/mid-value equities mean that it may be subject to fluctuations in global markets and currency exchange rates. Therefore, a cautious yet optimistic outlook is warranted, with a potential target price slightly above its current 52-week high, assuming the current trends and management strategies continue.