Tidal Trust Financial Statements From 2010 to 2026
| AGIQ Etf | 21.43 0.53 2.41% |
Check Tidal Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tidal Trust's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tidal financial statements analysis is a perfect complement when working with Tidal Trust Valuation or Volatility modules.
This module can also supplement various Tidal Trust Technical models . Check out the analysis of Tidal Trust Correlation against competitors. Pair Trading with Tidal Trust
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tidal Trust position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tidal Trust will appreciate offsetting losses from the drop in the long position's value.Moving together with Tidal Etf
| 0.73 | VGT | Vanguard Information | PairCorr |
| 0.78 | XLK | Technology Select Sector | PairCorr |
| 0.77 | IYW | iShares Technology ETF Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Tidal Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tidal Trust when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tidal Trust - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tidal Trust I to buy it.
The correlation of Tidal Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tidal Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tidal Trust I moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tidal Trust can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Tidal Trust Correlation against competitors. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Tidal Trust I's market price often diverges from its book value, the accounting figure shown on Tidal's balance sheet. Smart investors calculate Tidal Trust's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since Tidal Trust's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Tidal Trust's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Tidal Trust represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. 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.