Tidal Etf Services Etf Key Fundamental Indicators

In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tidal ETF Services, as well as the relationship between them.
Analyzing historical trends in various income statement and balance sheet accounts from Tidal ETF's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Tidal ETF's valuation are summarized below:
Tidal ETF Services does not presently have any fundamental trend indicators for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

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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.
Competition
Based 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 rated below average in price to book as compared to similar ETFs. It also is rated below average 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.

Tidal Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tidal ETF's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Tidal ETF could also be used in its relative valuation, which is a method of valuing Tidal ETF by comparing valuation metrics of similar companies.
Tidal ETF is currently under evaluation in price to book as compared to similar ETFs.

Tidal Financial Ratios 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 rated below average in price to book as compared to similar ETFs. It also is rated below average 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.

Tidal Fundamentals

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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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 manufacturing.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Tools for Tidal Etf

When running Tidal ETF's price analysis, check to measure Tidal ETF's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tidal ETF is operating at the current time. Most of Tidal ETF's value examination focuses on studying past and present price action to predict the probability of Tidal ETF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tidal ETF's price. Additionally, you may evaluate how the addition of Tidal ETF to your portfolios can decrease your overall portfolio volatility.
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