Tidal Etf Trust Etf Profile
| PP Etf | 25.35 0.14 0.55% |
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Tidal ETF is selling at 25.35 as of the 19th of April 2024; that is -0.55 percent down since the beginning of the trading day. The etf's last reported lowest price was 25.29. Tidal ETF has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Tidal ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Tidal Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tidal ETF's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tidal ETF or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Co-Chairman of the Board | Tao Liu |
| Thematic Ideas | (View all Themes) |
| Old Name | Pacific Silk Road Resources Group Inc |
| Business Concentration | Strategy ETFs, Theme ETFs (View all Sectors) |
| Issuer | Toroso Investments |
| Inception Date | 2022-11-28 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 38.16 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | U.S. |
| Administrator | Tidal ETF Services LLC |
| Advisor | Toroso Investments, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Kevin Paffrath, Michael Venuto, Charles A. Ragauss |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 15.0 |
| Market Maker | GTS |
| Total Expense | 0.77 |
| Management Fee | 0.75 |
| 200 Day M A | 25.1161 |
| Country Name | USA |
| 50 Day M A | 26.6597 |
| Code | PP |
| Updated At | 18th of April 2024 |
| Name | Tidal ETF Trust II - The Meet Kevin Pricing Power ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01BJPYND6 |
| Type | ETF |
Tidal ETF Trust [PP] is traded in USA and was set up on null. The fund is not categorized under any group at the moment. The fund at this time have in assets.
Check Tidal ETF Probability Of Bankruptcy
Geographic Allocation (%)
Top Tidal ETF Trust Etf Constituents
| FGXXX | First American Funds | Money Market Fund | US Money Market Fund |
| TSM | Taiwan Semiconductor Manufacturing | Stock | Information Technology |
| RH | RH | Stock | Consumer Discretionary |
| AMD | Advanced Micro Devices | Stock | Information Technology |
| NVDA | NVIDIA | Stock | Information Technology |
| INTC | Intel | Stock | Information Technology |
| AAPL | Apple Inc | Stock | Information Technology |
Tidal ETF Target Price Odds Analysis
In regard to a normal probability distribution, the odds of Tidal ETF jumping above the current price in 90 days from now is about 80.71%. The Tidal ETF Trust probability density function shows the probability of Tidal ETF etf to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the etf has a beta coefficient of 1.5458 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tidal ETF will likely underperform. Additionally, tidal ETF Trust has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Tidal ETF to move above the current price in 90 days from now is about 80.71 (This Tidal ETF Trust probability density function shows the probability of Tidal Etf to fall within a particular range of prices over 90 days) .
Tidal ETF Trust Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tidal ETF market risk premium is the additional return an investor will receive from holding Tidal ETF long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Tidal ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Tidal ETF's alpha and beta are two of the key measurements used to evaluate Tidal ETF's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0338 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.0006) |
Tidal ETF Against Markets
Picking the right benchmark for Tidal ETF etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tidal ETF etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tidal ETF is critical whether you are bullish or bearish towards Tidal ETF Trust at a given time. Please also check how Tidal ETF's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Tidal ETF without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Tidal Etf?
Before investing in Tidal ETF, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tidal ETF. To buy Tidal ETF etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tidal ETF. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Tidal ETF etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tidal ETF Trust etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Tidal ETF Trust etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Tidal ETF Trust, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Tidal Etf please use our How to Invest in Tidal ETF guide.
Already Invested in Tidal ETF Trust?
The danger of trading Tidal ETF Trust is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tidal ETF is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tidal ETF. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tidal ETF Trust is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Tidal ETF Trust is a strong investment it is important to analyze Tidal ETF's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tidal ETF's future performance. For an informed investment choice regarding Tidal Etf, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Tidal ETF Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of Tidal ETF Trust 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.