Tidal Etf Services Etf Fundamentals
PRVT Etf | USD 21.02 0.03 0.14% |
Tidal ETF Services fundamentals help investors to digest information that contributes to Tidal ETF's financial success or failures. It also enables traders to predict the movement of Tidal Etf. The fundamental analysis module provides a way to measure Tidal ETF's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tidal ETF etf.
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Tidal ETF Services ETF Price To Book Analysis
Tidal ETF's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Tidal ETF Price To Book | 0.15 X |
Most of Tidal ETF's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tidal ETF Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, Tidal ETF Services has a Price To Book of 0.15 times. This is much higher than that of the family and significantly higher than that of the Price To Book category. The price to book for all United States etfs is notably lower than that of the firm.
Tidal ETF Services Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tidal ETF's current stock value. Our valuation model uses many indicators to compare Tidal ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tidal ETF competition to find correlations between indicators driving Tidal ETF's intrinsic value. More Info.Tidal ETF Services is regarded third largest ETF in price to book as compared to similar ETFs. It also is regarded third largest ETF in price to sales as compared to similar ETFs fabricating about 0.13 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for Tidal ETF Services is roughly 7.50 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Tidal ETF by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Did you try this?
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Tidal Fundamentals
Return On Asset | -17.9 | |||
Profit Margin | (40.63) % | |||
Operating Margin | (36.99) % | |||
Current Valuation | 3.22 M | |||
Shares Outstanding | 27.78 M | |||
Shares Owned By Insiders | 68.16 % | |||
Shares Owned By Institutions | 0.70 % | |||
Number Of Shares Shorted | 5.6 K | |||
Price To Book | 0.15 X | |||
Price To Sales | 0.02 X | |||
Revenue | 6.81 M | |||
Gross Profit | 2.31 M | |||
Net Income | (3.04 M) | |||
Cash And Equivalents | 129.8 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 3.21 M | |||
Debt To Equity | 0.22 % | |||
Current Ratio | 0.57 X | |||
Cash Flow From Operations | (262.93 K) | |||
Earnings Per Share | (0.12) X | |||
Number Of Employees | 38 | |||
Market Capitalization | 138.9 K | |||
Total Asset | 8.89 M | |||
Retained Earnings | (46.4 M) | |||
Working Capital | (2.85 M) | |||
Current Asset | 3.77 M | |||
Current Liabilities | 6.62 M | |||
Z Score | -6.9 |
About Tidal ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tidal ETF Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tidal ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tidal ETF Services based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Private Media Group, Inc. produces and distributes adult entertainment content in Europe.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Tidal ETF Services 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.