Tidal Trust Ii Etf Performance
| WEEL Etf | 20.75 0.09 0.43% |
The entity has a beta of 0.22, 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
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Tidal Trust II are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent technical and fundamental indicators, Tidal Trust is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
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Tidal Trust Relative Risk vs. Return Landscape
If you would invest 1,986 in Tidal Trust II on August 29, 2024 and sell it today you would earn a total of 89.00 from holding Tidal Trust II or generate 4.48% return on investment over 90 days. Tidal Trust II is currently generating 0.0691% in daily expected returns and assumes 0.3401% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than Tidal, and 99% 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 = 0.2031
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Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Tidal Trust is performing at about 15% 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.
Tidal Trust is entity of United States. It is traded as Etf on NYSE ARCA exchange.