Tidal Trust Ii Etf Performance
The entity has a beta of 0.5, which indicates possible diversification benefits within a given portfolio. 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
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Tidal Trust II are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain basic indicators, Tidal Trust may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
Tidal |
Tidal Trust Relative Risk vs. Return Landscape
If you would invest 1,650 in Tidal Trust II on October 20, 2024 and sell it today you would earn a total of 170.00 from holding Tidal Trust II or generate 10.3% return on investment over 90 days. Tidal Trust II is currently generating 0.1726% in daily expected returns and assumes 1.5384% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of etfs are less volatile than Tidal, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
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 = 0.1122
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PYPY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Tidal Trust is performing at about 8% 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
Evaluating Tidal Trust's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tidal Trust has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Tidal Trust has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.