Tidal Commodities Trust Etf Fundamentals
| DEFI Etf | USD 96.32 5.41 5.95% |
Tidal Commodities Trust fundamentals help investors to digest information that contributes to Tidal Commodities' financial success or failures. It also enables traders to predict the movement of Tidal Etf. The fundamental analysis module provides a way to measure Tidal Commodities' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tidal Commodities etf.
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Tidal Commodities Trust ETF One Year Return Analysis
Tidal Commodities' One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Tidal Commodities One Year Return | 10.30 % |
Most of Tidal Commodities' fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tidal Commodities Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Tidal Commodities Trust has an One Year Return of 10.3%. This is much higher than that of the family and significantly higher than that of the Digital Assets category. The one year return for all United States etfs is notably lower than that of the firm.
Tidal One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tidal Commodities' direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Tidal Commodities could also be used in its relative valuation, which is a method of valuing Tidal Commodities by comparing valuation metrics of similar companies.Tidal Commodities is currently under evaluation in one year return as compared to similar ETFs.
About Tidal Commodities Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tidal Commodities Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tidal Commodities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tidal Commodities Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Tidal Commodities Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tidal Commodities' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tidal Commodities Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Tidal Commodities Trust Etf:Check out Tidal Commodities Piotroski F Score and Tidal Commodities Altman Z Score analysis. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.