Tidal Trust Ii Etf Price on August 7, 2024
YBIT Etf | 15.66 0.16 1.03% |
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 Trust stands at 15.66, as last reported on the 22nd of November, with the highest price reaching 15.84 and the lowest price hitting 15.61 during the day. Tidal Trust appears to be not too volatile, given 3 months investment horizon. Tidal Trust II owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tidal Trust II, which you can use to evaluate the volatility of the etf. Please review Tidal Trust's Semi Deviation of 2.47, risk adjusted performance of 0.1181, and Coefficient Of Variation of 679.54 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 = 0.1373
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Estimated Market Risk
2.79 actual daily | 24 76% of assets are more volatile |
Expected Return
0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Tidal Trust 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 Trust by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Tidal Trust Main Headline on 7th of August 2024
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Tidal Trust Valuation on August 7, 2024
It is possible to determine the worth of Tidal Trust on a given historical date. On August 7, 2024 Tidal was worth 11.35 at the beginning of the trading date compared to the closed value of 11.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tidal Trust etf. Still, in general, we apply an absolute valuation method to find Tidal Trust'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 Trust where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tidal Trust's related companies.
Open | High | Low | Close | Volume | |
11.00 | 11.36 | 10.92 | 11.31 | 153,900 | |
08/07/2024 | 11.35 | 11.45 | 10.84 | 11.16 | 187,600 |
11.37 | 11.92 | 11.29 | 11.78 | 191,800 |
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Tidal Trust Trading Date Momentum on August 7, 2024
On August 08 2024 Tidal Trust II was traded for 11.78 at the closing time. The top price for the day was 11.92 and the lowest listed price was 11.29 . The trading volume for the day was 191.8 K. The trading history from August 8, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 5.56% . The trading price change against the current closing price is 7.80% . |
About Tidal Trust Etf history
Tidal Trust 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 Trust II 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 Trust stock prices may prove useful in developing a viable investing in Tidal Trust
Tidal Trust Etf Technical Analysis
Tidal Trust 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 Trust Period Price Range
Low | November 22, 2024
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0.00 | 0.00 |
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Tidal Trust November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Tidal Trust 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 Trust shares will generate the highest return on investment. By undertsting and applying Tidal Trust etf market strength indicators, traders can identify Tidal Trust II entry and exit signals to maximize returns
Tidal Trust Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tidal Trust'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 | 0.1181 | |||
Jensen Alpha | 0.2189 | |||
Total Risk Alpha | 0.0824 | |||
Sortino Ratio | 0.1101 | |||
Treynor Ratio | 0.1931 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Tidal Trust II. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of Tidal Trust II 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is Tidal Trust'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 Trust's market value can be influenced by many factors that don't directly affect Tidal Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidal Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. 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.