Tidal Trust Ii Etf Performance
| OARK Etf | 10.92 0.07 0.64% |
The entity has a beta of 0.0517, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tidal Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tidal Trust is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Tidal Trust II are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite quite weak basic indicators, Tidal Trust disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
Tidal |
Tidal Trust Relative Risk vs. Return Landscape
If you would invest 930.00 in Tidal Trust II on August 29, 2024 and sell it today you would earn a total of 162.00 from holding Tidal Trust II or generate 17.42% return on investment over 90 days. Tidal Trust II is currently generating 0.2655% in daily expected returns and assumes 1.7054% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of etfs are less volatile than Tidal, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Tidal Trust Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tidal Trust's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Tidal Trust II, and traders can use it to determine the average amount a Tidal Trust's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1557
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Tidal Trust is performing at about 12% 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.
About Tidal Trust Performance
By examining Tidal Trust's fundamental ratios, stakeholders can obtain critical insights into Tidal Trust's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Tidal Trust is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.