Tidal Etf Trust Etf Price on November 18, 2024
THTA Etf | 19.13 0.01 0.05% |
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 19.13, as last reported on the 11th of December 2024, with the highest price reaching 19.17 and the lowest price hitting 19.10 during the day. At this point, Tidal ETF is very steady. Tidal ETF Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.29, which indicates the etf had a 0.29% return per unit of risk over the last 3 months. We have found twenty-six 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 0.2318, standard deviation of 0.2197, and Downside Deviation of 0.3355 to confirm if the risk estimate we provide is consistent with the expected return of 0.0603%.
Tidal Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Tidal |
Sharpe Ratio = 0.2903
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Estimated Market Risk
0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Tidal ETF is performing at about 22% 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.
Average Mkt Cap Mil 344.7 K |
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Tidal ETF Valuation on November 18, 2024
It is possible to determine the worth of Tidal ETF on a given historical date. On November 18, 2024 Tidal was worth 18.92 at the beginning of the trading date compared to the closed value of 18.96. 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 | |
18.97 | 19.09 | 18.92 | 18.93 | 19,900 | |
11/18/2024 | 18.92 | 18.97 | 18.92 | 18.96 | 24,108 |
19.01 | 19.01 | 18.95 | 18.98 | 7,955 |
Backtest Tidal ETF | | | Tidal ETF History | | | Tidal ETF Valuation | Previous | Next |
Tidal ETF Trading Date Momentum on November 18, 2024
On November 19 2024 Tidal ETF Trust was traded for 18.98 at the closing time. The top price for the day was 19.01 and the lowest listed price was 18.95 . The trading volume for the day was 8 K. The trading history from November 19, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 0.11% . The trading price change against the current closing price is 1.42% . |
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 | 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 | 0.2318 | |||
Jensen Alpha | 0.0493 | |||
Total Risk Alpha | 0.0326 | |||
Sortino Ratio | (0.14) | |||
Treynor Ratio | 0.4252 |
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Check out World Market Map 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 estimate. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.