Tidal Commodities Trust Etf Price on November 14, 2024
| DEFI Etf | USD 109.91 5.98 5.75% |
If you're considering investing in Tidal Etf, it is important to understand the factors that can impact its price. As of today, the current price of Tidal Commodities stands at 109.91, as last reported on the 28th of November, with the highest price reaching 109.91 and the lowest price hitting 108.34 during the day. Tidal Commodities appears to be very steady, given 3 months investment horizon. Tidal Commodities Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the etf had a 0.25% return per unit of risk over the last 3 months. By inspecting Tidal Commodities' technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please review Tidal Commodities' Risk Adjusted Performance of 0.1693, semi deviation of 2.22, and Coefficient Of Variation of 474.41 to confirm if our risk estimates are consistent with your expectations.
Tidal Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Tidal |
Sharpe Ratio = 0.2476
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Estimated Market Risk
| 3.34 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.83 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Tidal Commodities is performing at about 19% 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 Commodities by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Tidal Commodities Main Headline on 14th of November 2024
A potential shift in crypto regulation could be in the works as the SEC Chair Gary Gensler hints at a possible resignation.
Tidal Commodities Valuation on November 14, 2024
It is possible to determine the worth of Tidal Commodities on a given historical date. On November 14, 2024 Tidal was worth 101.78 at the beginning of the trading date compared to the closed value of 99.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tidal Commodities etf. Still, in general, we apply an absolute valuation method to find Tidal Commodities' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Tidal Commodities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tidal Commodities' related companies.
| Open | High | Low | Close | Volume | |
| 102.68 | 104.13 | 102.33 | 102.33 | 4,000 | |
11/14/2024 | 101.78 | 101.78 | 99.92 | 99.92 | 1,800 |
| 101.00 | 104.04 | 100.35 | 104.04 | 500.00 |
| Backtest Tidal Commodities | | | Tidal Commodities History | | | Tidal Commodities Valuation | Previous | Next |
Tidal Commodities Trading Date Momentum on November 14, 2024
| On November 15 2024 Tidal Commodities Trust was traded for 104.04 at the closing time. The top price for the day was 104.04 and the lowest listed price was 100.35 . The trading volume for the day was 500. The trading history from November 15, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 4.12% . The trading price change against the current closing price is 11.30% . |
About Tidal Commodities Etf history
Tidal Commodities investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Tidal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tidal Commodities Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Tidal Commodities stock prices may prove useful in developing a viable investing in Tidal Commodities
Tidal Commodities Etf Technical Analysis
Tidal Commodities technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Tidal Commodities Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Tidal Commodities Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Tidal Commodities November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Tidal Commodities etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tidal Commodities shares will generate the highest return on investment. By undertsting and applying Tidal Commodities etf market strength indicators, traders can identify Tidal Commodities Trust entry and exit signals to maximize returns
Tidal Commodities Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tidal Commodities' price direction in advance. Along with the technical and fundamental analysis of Tidal Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tidal to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1693 | |||
| Jensen Alpha | 0.4879 | |||
| Total Risk Alpha | 0.1979 | |||
| Sortino Ratio | 0.221 | |||
| Treynor Ratio | 0.3604 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Tidal Commodities 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 census. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of Tidal Commodities 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 Commodities' value that differs from its market value or its book value, called intrinsic value, which is Tidal Commodities' 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 Commodities' market value can be influenced by many factors that don't directly affect Tidal Commodities' 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 Commodities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidal Commodities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidal Commodities' 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.