Tidal Trust Ii Etf Performance
| GDXY Etf | 16.43 0.02 0.12% |
The entity has a beta of -0.0943, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tidal Trust are expected to decrease at a much lower rate. During the bear market, Tidal Trust is likely to outperform the market.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Tidal Trust II are ranked lower than 24 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain basic indicators, Tidal Trust showed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Tidal Trust Relative Risk vs. Return Landscape
If you would invest 1,314 in Tidal Trust II on December 20, 2024 and sell it today you would earn a total of 329.00 from holding Tidal Trust II or generate 25.04% return on investment over 90 days. Tidal Trust II is currently generating 0.3807% in daily expected returns and assumes 1.2439% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than Tidal, and 93% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Tidal Trust Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tidal Trust's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Tidal Trust II, and traders can use it to determine the average amount a Tidal Trust'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 = 0.3061
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Tidal Trust is performing at about 24% 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 Trust by adding it to a well-diversified portfolio.
About Tidal Trust Performance
Evaluating Tidal Trust's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tidal Trust has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Tidal Trust has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.