| JEPYDelisted Etf | | | 44.01 0.13 0.29% |
Tidal Trust total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Tidal Trust II or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Tidal Trust II has current Total Risk Alpha of 0.0047. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0047 | |
| ER[a] | = | Expected return on investing in Tidal Trust |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Tidal Trust |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Tidal Trust Total Risk Alpha Peers Comparison
Tidal Total Risk Alpha Relative To Other Indicators
Tidal Trust II is rated
below average in total risk alpha as compared to similar ETFs. It is rated
below average in maximum drawdown as compared to similar ETFs reporting about
571.79 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Tidal Trust II is roughly
571.79 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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