Tidal Etf Trust Etf Price on May 30, 2024
| HFND Etf | USD 22.83 0.10 0.44% |
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 ETF stands at 22.83, as last reported on the 30th of November, with the highest price reaching 22.83 and the lowest price hitting 22.77 during the day. At this point, Tidal ETF is very steady. Tidal ETF Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the etf had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tidal ETF Trust, which you can use to evaluate the volatility of the etf. Please validate Tidal ETF's Risk Adjusted Performance of 0.1, coefficient of variation of 742.88, and Semi Deviation of 0.4579 to confirm if the risk estimate we provide is consistent with the expected return of 0.0796%.
Tidal Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Tidal |
Sharpe Ratio = 0.1346
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Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Tidal ETF is performing at about 10% 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 ETF by adding it to a well-diversified portfolio.
Tidal ETF Valuation on May 30, 2024
It is possible to determine the worth of Tidal ETF on a given historical date. On May 30, 2024 Tidal was worth 21.62 at the beginning of the trading date compared to the closed value of 21.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tidal ETF etf. Still, in general, we apply an absolute valuation method to find Tidal ETF's 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 ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tidal ETF's related companies.
| Open | High | Low | Close | Volume | |
| 21.59 | 21.66 | 21.59 | 21.60 | 1,400 | |
05/30/2024 | 21.62 | 21.63 | 21.60 | 21.63 | 2,300 |
| 21.70 | 21.70 | 21.56 | 21.62 | 2,500 |
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Tidal ETF Trading Date Momentum on May 30, 2024
| On May 31 2024 Tidal ETF Trust was traded for 21.62 at the closing time. The top price for the day was 21.70 and the lowest listed price was 21.56 . The trading volume for the day was 2.5 K. The trading history from May 31, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.05% . The trading price change against the current closing price is 0.09% . |
About Tidal ETF Etf history
Tidal ETF 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 ETF 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 ETF stock prices may prove useful in developing a viable investing in Tidal ETF
Tidal ETF Etf Technical Analysis
Tidal ETF 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 ETF Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Tidal ETF 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 ETF November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Tidal ETF 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 ETF shares will generate the highest return on investment. By undertsting and applying Tidal ETF etf market strength indicators, traders can identify Tidal ETF Trust entry and exit signals to maximize returns
Tidal ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tidal ETF's 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 | 0.1 | |||
| Jensen Alpha | 0.0775 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | (1.13) |
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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 board of governors. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.