Tidal ETF Valuation
| JSTC Etf | USD 18.45 0.02 0.11% |
At this time, the etf appears to be fairly valued. Tidal ETF Trust has a current Real Value of $18.56 per share. The regular price of the etf is $18.45. Our model measures the value of Tidal ETF Trust from inspecting the etf fundamentals such as Net Asset of 88.25 M, beta of 0.98, and Equity Positions Weight of 99.62 % as well as reviewing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Tidal ETF's price fluctuation is very steady at this time. Calculation of the real value of Tidal ETF Trust is based on 3 months time horizon. Increasing Tidal ETF's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Tidal ETF is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tidal Etf. However, Tidal ETF's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 18.45 | Real 18.56 | Hype 18.47 |
The real value of Tidal Etf, also known as its intrinsic value, is the underlying worth of Tidal ETF Trust ETF, which is reflected in its stock price. It is based on Tidal ETF's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Tidal ETF's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Tidal ETF Trust helps investors to forecast how Tidal etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Tidal ETF more accurately as focusing exclusively on Tidal ETF's fundamentals will not take into account other important factors: Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Tidal ETF's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Tidal ETF and how it compares across the competition.
About Tidal ETF Valuation
The etf valuation mechanism determines Tidal ETF's current worth on a weekly basis. Our valuation model uses a comparative analysis of Tidal ETF. We calculate exposure to Tidal ETF's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Tidal ETF's related companies.The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing the funds assets in a portfolio of global companies whose business practices are aligned with the social justice investment criteria of sub-adviser. Adasina Social is traded on NYSEARCA Exchange in the United States.
Check out Risk vs Return Analysis 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 estimate. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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.