Tidal Etf Trust Etf Performance
| JOJO Etf | USD 14.82 0.02 0.14% |
The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tidal ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tidal ETF is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Tidal ETF Trust are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy forward-looking indicators, Tidal ETF is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | ATAC Credit Rotation ETF declares monthly distribution of 0.0730 - MSN | 11/20/2024 |
2 | Technical Pivots with Risk Controls - Stock Traders Daily | 12/19/2024 |
3 | Jane Street Group LLC Sells 5,622 Shares of ATAC Credit Rotation ETF - Defense World | 01/10/2025 |
| In Threey Sharp Ratio | -0.61 |
Tidal |
Tidal ETF Relative Risk vs. Return Landscape
If you would invest 1,424 in Tidal ETF Trust on October 21, 2024 and sell it today you would earn a total of 58.00 from holding Tidal ETF Trust or generate 4.07% return on investment over 90 days. Tidal ETF Trust is currently generating 0.0663% in daily expected returns and assumes 0.6237% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than Tidal, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Tidal ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tidal ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Tidal ETF Trust, and traders can use it to determine the average amount a Tidal ETF's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1063
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| Cash | JOJO | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Tidal ETF is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tidal ETF by adding it to a well-diversified portfolio.
Tidal ETF Fundamentals Growth
Tidal Etf prices reflect investors' perceptions of the future prospects and financial health of Tidal ETF, and Tidal ETF fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Tidal Etf performance.
| Total Asset | 5.37 M | |||
About Tidal ETF Performance
By examining Tidal ETF's fundamental ratios, stakeholders can obtain critical insights into Tidal ETF's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Tidal ETF is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Under normal circumstances, at least 80 percent of its net assets, plus borrowings for investment purposes, will be invested in credit-related securities, or ETFs that invest, under normal circumstances, at least 80 percent of their net assets, plus borrowings for investment purposes, in credit-related securities. Atac Credit is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Jane Street Group LLC Sells 5,622 Shares of ATAC Credit Rotation ETF - Defense World | |
| The fund created three year return of -4.0% | |
| Tidal ETF Trust retains all of the assets under management (AUM) in different types of exotic instruments |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Tidal ETF 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 inflation. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Tidal ETF 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 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.