Tidal Etf Services Etf Profile
Tidal ETF is trading at 16.95 as of the 20th of March 2025, a No Change since the beginning of the trading day. The etf's open price was 16.95. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
Tidal Etf Highlights
| Business Concentration | Equity Energy (View all Sectors) |
| Country Name | USA |
| Code | OCTA |
| Updated At | 22nd of February 2025 |
| Returns Y T D | 2.79 |
| Name | Octane All-Cap Value Energy ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01P2001Z9 |
| Type | ETF |
Tidal ETF Services [OCTA] is traded in USA and was established null. The fund is listed under Equity Energy. Tidal ETF Services now have in assets.
Check Tidal ETF Probability Of Bankruptcy
Tidal ETF Services 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 ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 1.06 | |||
| Semi Deviation | 0.9736 | |||
| Standard Deviation | 1.33 | |||
| Variance | 1.78 |
Tidal ETF Against Markets
Tidal ETF Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tidal ETF etf to make a market-neutral strategy. Peer analysis of Tidal ETF could also be used in its relative valuation, which is a method of valuing Tidal ETF by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
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The market value of Tidal ETF Services 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Tidal ETF's 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 ETF's market value can be influenced by many factors that don't directly affect Tidal ETF's 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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidal ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidal ETF's 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.