Tidal Etf Trust Etf Price on November 27, 2024
| LBAY Etf | USD 25.73 0.08 0.31% |
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 25.73, as last reported on the 11th of December 2024, with the highest price reaching 25.78 and the lowest price hitting 25.71 during the day. Tidal ETF Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the etf had a -0.16% return per unit of risk over the last 3 months. Tidal ETF Trust exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tidal ETF's Variance of 0.3814, coefficient of variation of (611.09), and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide.
Tidal Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Tidal |
Sharpe Ratio = -0.1583
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| Negative Returns | LBAY |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tidal ETF is not performing at its full potential. However, 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 Tidal ETF to a well-diversified portfolio.
Average Mkt Cap Mil 50.1 K |
Tidal ETF Valuation on November 27, 2024
It is possible to determine the worth of Tidal ETF on a given historical date. On November 27, 2024 Tidal was worth 26.55 at the beginning of the trading date compared to the closed value of 26.61. 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 | |
| 26.40 | 26.49 | 26.40 | 26.48 | 4,300 | |
11/27/2024 | 26.55 | 26.73 | 26.55 | 26.61 | 361.00 |
| 26.65 | 26.66 | 26.61 | 26.61 | 5,600 |
| Backtest Tidal ETF | | | Tidal ETF History | | | Tidal ETF Valuation | Previous | Next |
Tidal ETF Trading Date Momentum on November 27, 2024
| On November 29 2024 Tidal ETF Trust was traded for 26.61 at the closing time. The top price for the day was 26.66 and the lowest listed price was 26.61 . The trading volume for the day was 5.6 K. The trading history from November 29, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 2.89% . |
Tidal ETF Trust Fundamentals Correlations and Trends
By evaluating Tidal ETF's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tidal ETF's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tidal financial account trend analysis is a perfect complement when working with valuation or volatility modules.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
The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing long positions in securities believed to provide sustainable shareholder yield and taking short positions in securities expected to decline in price. Leatherback LongShort is traded on NYSEARCA Exchange in the United States.
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 | December 11, 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 December 11, 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 | (0.12) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.35) |
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| Volume Indicators |
Check out Correlation 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 nation. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.