Tidal Etf Trust Etf Performance
| PP Etf | 28.50 0.66 2.37% |
The entity has a beta of 0.0885, 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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Over the last 90 days Tidal ETF Trust has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Tidal ETF is not utilizing all of its potentials. The newest stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | Long Term Investment Analysis - Stock Traders Daily | 09/10/2024 |
2 | Acquisition by Kanzer Steve H of 1300 shares of Tidal ETF at 6.85 subject to Rule 16b-3 | 10/01/2024 |
3 | Acquisition by Kanzer Steve H of 2400 shares of Tidal ETF at 0.89 subject to Rule 16b-3 | 10/21/2024 |
4 | Where are the Opportunities in - Stock Traders Daily | 11/14/2024 |
Tidal |
Tidal ETF Relative Risk vs. Return Landscape
If you would invest 2,904 in Tidal ETF Trust on September 4, 2024 and sell it today you would lose (54.00) from holding Tidal ETF Trust or give up 1.86% of portfolio value over 90 days. Tidal ETF Trust is generating negative expected returns and assumes 1.1792% volatility on return distribution over the 90 days horizon. Put differently, 10% of etfs are less risky than Tidal on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
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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 = -0.0191
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| Negative Returns | PP |
Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tidal ETF is not performing at its full potential. However, 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 Tidal ETF 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.
About Tidal ETF Performance
Assessing Tidal ETF's fundamental ratios provides investors with valuable insights into Tidal ETF's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Tidal ETF is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Tidal ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Tidal ETF Trust generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Where are the Opportunities in - Stock Traders Daily |
Check out Your Equity Center 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 american community survey. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.