Tidal Trust Iii Etf Performance
| RMOP Etf | 25.41 0.01 0.04% |
The entity has a beta of 0.0815, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tidal Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tidal Trust is expected to be smaller as well.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Tidal Trust III are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, Tidal Trust is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
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Tidal Trust Relative Risk vs. Return Landscape
If you would invest 2,512 in Tidal Trust III on December 21, 2024 and sell it today you would earn a total of 29.19 from holding Tidal Trust III or generate 1.16% return on investment over 90 days. Tidal Trust III is currently generating 0.02% in daily expected returns and assumes 0.2808% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% 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 |
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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 III, 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 = 0.0711
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Estimated Market Risk
| 0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Tidal Trust is performing at about 5% 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
Assessing Tidal Trust's fundamental ratios provides investors with valuable insights into Tidal Trust's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Tidal Trust 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.