Tidal Trust Ii Etf Profile

URAX Etf   18.65  0.05  0.27%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Tidal Trust is trading at 18.65 as of the 24th of November 2024; that is 0.27 percent decrease since the beginning of the trading day. The etf's open price was 18.7. Tidal Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Tidal Trust II are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
Tidal Trust is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Tidal Trust II

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Moving against Tidal Etf

  0.39LABU Direxion Daily SPPairCorr

Tidal Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationSector ETFs, Energy ETFs, Trading--Leveraged Equity (View all Sectors)
IssuerDefiance ETFs
Inception Date2024-05-23
BenchmarkGlobal X Uranium ETF
Entity TypeRegulated Investment Company
Asset Under Management5.13 Million
Asset TypeEquity
CategorySector
FocusEnergy
Market ConcentrationBlended Development
RegionGlobal
AdministratorTidal ETF Services LLC
AdvisorTidal Investments LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerQiao Duan, Christopher Mullen
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents8.0
Market MakerSusquehanna
Total Expense0.95
Management Fee0.95
Country NameUSA
CodeURAX
Updated At23rd of November 2024
NameTidal Trust II
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01MYQPS24
TypeETF
Tidal Trust II [URAX] is traded in USA and was established null. The fund is listed under Trading--Leveraged Equity. The entity is thematically classified as Sector ETFs. Tidal Trust II at this time have in net assets.
Check Tidal Trust Probability Of Bankruptcy

Tidal Trust II Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Tidal Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Tidal Trust Against Markets

When determining whether Tidal Trust II is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tidal Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tidal Trust Ii Etf. Highlighted below are key reports to facilitate an investment decision about Tidal Trust Ii Etf:
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The market value of Tidal Trust II 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is Tidal Trust'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 Trust's market value can be influenced by many factors that don't directly affect Tidal Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidal Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidal Trust'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.