Tidal Commodities Trust Etf Profile
DEFI Etf | USD 109.91 5.98 5.75% |
Performance17 of 100
| Odds Of DistressLess than 9
|
Tidal Commodities is trading at 109.91 as of the 28th of November 2024. This is a 5.75 percent increase since the beginning of the trading day. The etf's open price was 103.93. Tidal Commodities has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Tidal Commodities Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Tidal Commodities is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Tidal Commodities Trust
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Tidal Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Jakarta Stock Exchange, Alternative Currency ETFs, Cryptocurrency ETFs, Digital Assets (View all Sectors) |
Issuer | Teucrium |
Inception Date | 2022-09-15 |
Benchmark | Nasdaq Bitcoin Reference Price - Settlement |
Entity Type | Partnership |
Asset Under Management | 13.45 Million |
Asset Type | Currency |
Category | Alternative Currency |
Focus | Cryptocurrency |
Market Concentration | Developed Markets |
Region | North America |
Administrator | U.S. Bancorp Fund Services, LLC |
Advisor | Hashdex Asset Management Ltd. |
Custodian | U.S. Bank, N.A. |
Distributor | Foreside Fund Services, LLC |
Transfer Agent | U.S. Bancorp Fund Services, LLC |
Trustee | Wilmington Trust Company |
Fiscal Year End | 31-Dec |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 2.0 |
Market Maker | GTS |
Total Expense | 0.9 |
Management Fee | 0.9 |
200 Day M A | 74.8127 |
Country Name | USA |
50 Day M A | 81.9293 |
Code | DEFI |
Updated At | 27th of November 2024 |
Returns Y T D | 112.39 |
Name | Tidal Commodities Trust I |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG019FGYVY4 |
Type | ETF |
1y Volatility | 53.9 |
Tidal Commodities Trust [DEFI] is traded in USA and was established null. The fund is listed under Digital Assets. The entity is thematically classified as Alternative Currency ETFs. Tidal Commodities Trust currently have in assets under management (AUM). , while the total return for the last year was 131.4%.
Check Tidal Commodities Probability Of Bankruptcy
Tidal Commodities Trust Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Tidal Commodities. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.1438 | |||
Jensen Alpha | 0.3485 | |||
Total Risk Alpha | 0.0599 | |||
Sortino Ratio | 0.1762 |
Tidal Commodities Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Tidal Commodities Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Tidal Commodities Trust is measured differently than its book value, which is the value of Tidal that is recorded on the company's balance sheet. Investors also form their own opinion of Tidal Commodities' value that differs from its market value or its book value, called intrinsic value, which is Tidal Commodities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tidal Commodities' market value can be influenced by many factors that don't directly affect Tidal Commodities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tidal Commodities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidal Commodities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidal Commodities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.